Address
501 S Madison Avenue, Bay City, MI
Price
$ 64,900
Property Attributes
  • MLS#50212849
  • TypeSingle Family
  • Listing Status Active
  • CountyBAY
  • CityBay City
  • AreaBay City
  • NeighborhoodPhillip Simons Sub
  • Zip48708
  • Style
  • Year Built1920
  • Taxes$ 1473
  • Price$ 64,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage3615
  • Lot Size0.11 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Originally built in 1920, this unique property began life as a neighborhood saloon before becoming a residence over the years. Offering approximately 3615 square feet, this property features a 3-bedroom layout with 1 1/2 bathrooms in its current configuration, with the potential to create additional flexible living spaces. The upstairs bathroom will make the primary bedroom a suite. The layout provides endless possibilities for a large single-family home, multi-generational living, or other uses permitted by local zoning R2. Major improvements include a newer rubber roof and some updated plumbing The home does need updating, particularly in the bathrooms and damage to ceilings from previous leaks, making it an excellent choice for investors, restoration enthusiasts, or buyers looking to build equity through renovation. Original details from the building's early days still remain, adding charm and character that simply can't be recreated in newer construction. Whether you appreciate historic architecture or enjoy bringing older homes back to life, you'll find plenty of inspiration here! This is not a move-in-ready home, but it is a rare opportunity to own a distinctive historic property with tremendous upside. A cash buyer is preferred. Bring your vision and transform this one-of-a-kind building into something extraordinary!

Price History
6/25/2026 Listed $67,900
8/5/2026 5$64,900

General Features

Heating Hot Water
Kitchen Level First
Possession Close Plus 30 Days
Water Public Water
Status Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1920
Subdivision Phillip Simons Sub
Style Other
County Bay
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Area Bay City (09016)
Primary City Bay City
Directions Corner of Madison & 16th
City Bay City
School District Bay City School District
Lease Y/N No
Originating MLS Bay County REALTOR Association
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description LOT 1 BLK 1 PHILLIP SIMONS SUB OF PT OF OUTLOT 4 OF JAMES FRASERS OUTLOTS
DOM 84
Postal Code 48708
Price Per Sq Ft Total AG 17.95
Internet Remarks Listing Agent: Charlene M Rupp Broker: Bay Area Real Estate: Originally built in 1920
Public Remarks Originally built in 1920,this unique property began life as a neighborhood saloon before becoming a residence over the years. Offering approximately 3615 square feet

Interior Features

Family Room Level First
Dining Room Level First
Living Room Level First
Basement Partial
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Second
Kitchen Length 13
Family Room Length 33
Family Room Width 50
Living Room Length 12
Bedroom 2 Width 15
Bedroom 3 Width 13
Dining Room Width 15
Bedroom 2 Length 8
Living Room Width 17
Bedroom 3 Length 10
Dining Room Length 8
Kitchen Width 16
Beds 3
Fireplace? No
Bedroom 1 Length 12
Bedroom 1 Width 15
Below Grade SqFt 2200
Above Grade SqFt 3615
Basement Y/N Yes
Bedroom 2 Floor Covering Carpet
Bedroom 3 Floor Covering Wood
Kitchen Floor Covering Laminate
Total SqFt Finished 3615
Bathroom 1 Length 11
Bathroom 1 Width 13

Exterior Features

Exterior Vinyl Siding,Wood
Frontage 50
Lot Size Area 0.11
Pool (Y/N) No
Lot Dimensions 50x100
FOUNDATION TYPE Basement
SEWER/SEPTIC Public Sanitary
Waterfront Y/N No
Garage Y/N No
Frontage Type Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48708

Price
AVG $130K
$60K
Taxes
AVG $2,379
$1,473
Year Built
AVG 1916
1920
Visits
AVG 37
12
Data Provided by Inside Real Estate®

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