Excellent investment opportunity in desirable Monitor Township! This fully vacant 3-unit multi-family property sits on approximately one acre in the county and offers tremendous potential for an investor or renovator looking to add value and generate future rental income. Unit 1 features a one bedroom, one bath layout with a kitchen/living room combination and separate private entrance. Unit 2 offers one bedroom, one bath, an eat-in kitchen, and living room. The upper Unit 3 includes 2 bedrooms, a full bath, eat-in kitchen, and spacious living room. Property is fully electric with separate electric service for each unit. City water is shared and not separately metered. Two large septic tanks are located in the backyard. Additional exterior features include a very large shed, wrap-around porch, fire pit area, and plenty of outdoor space on the expansive one-acre lot. Michigan basement access is located under the porch near Unit 1 entrance. Property is being sold as-is and is ready for an investor to renovate and prepare for new tenants. Great opportunity with country-style living while still being conveniently located near town amenities.
Contingent
$89,900
497 Ott Rd, Bay City, MI 48706
4beds
2,006sqft
Multi Family
Built in 1890
-- sqft lot
$206,800 Zestimate®
$45/sqft
$-- HOA
What's special
Wrap-around porchOne bedroom one bathFire pit areaVery large shedEat-in kitchenSeparate private entrance
- 16 days |
- 1,019 |
- 71 |
Zillow last checked:
Listing updated:
Listed by:
Jean Ann Styn-DeShano 989-233-8380,
RE/MAX Results 989-686-3400
Source: MiRealSource,MLS#: 50209098
Originating MLS: Bay County REALTOR Association
Originating MLS: Bay County REALTOR AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Appliances
- Included: Microwave, Range/Oven, Refrigerator, Electric Water Heater
Features
- Basement: MI Basement,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,006
- Total interior livable area: 2,006 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 1 Acres
- Dimensions: 1 ACRE
- Features: Corner Lot, Rural
Details
- Additional structures: Shed(s)
- Parcel number: 10000720009000
- Zoning description: Multi-Family
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farm House
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding, Wood Siding
- Foundation: Basement
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- Services included: Water
Location
- Region: Bay City
Financial & listing details
- Price per square foot: $45/sqft
- Tax assessed value: $124,000
- Annual tax amount: $2,533
- Date on market: 5/27/2026
- Cumulative days on market: 17 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
$206,800
$165,000 - $246,000
$1,913/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Contingent | $89,900$45/sqft |
Source:  MiRealSource #50209098 Report a problem | ||
| 5/27/2026 | Listed for sale | $89,900+60.8%$45/sqft |
Source: MiRealSource #50209098 Report a problem | ||
| 10/6/1997 | Sold | $55,900$28/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,654 +4.6% | $62,000 +2.1% |
| 2024 | $2,538 | $60,700 +36.7% |
| 2023 | -- | $44,400 -10.3% |
| 2022 | -- | $49,500 +7.4% |
| 2021 | -- | $46,100 +6.2% |
| 2020 | $2,429 | $43,400 -29.4% |
| 2019 | -- | $61,500 +34.6% |
| 2018 | $2,429 +4.6% | $45,700 -0.4% |
| 2017 | $2,322 | $45,900 +2% |
| 2016 | $2,322 | $45,000 +3% |
| 2015 | $2,322 +64.2% | $43,700 -2.2% |
| 2014 | $1,415 | $44,700 -2.4% |
| 2013 | -- | $45,800 +3.4% |
| 2012 | -- | $44,300 +0.9% |
| 2011 | -- | $43,900 -0.9% |
| 2010 | -- | $44,300 |
| 2009 | -- | $44,300 -4.5% |
| 2008 | -- | $46,400 +0.7% |
| 2007 | -- | $46,100 +0.4% |
| 2006 | -- | $45,900 +1.3% |
| 2005 | -- | $45,300 +0.7% |
| 2004 | -- | $45,000 +1.6% |
| 2003 | -- | $44,300 +5.5% |
| 2002 | -- | $42,000 +4.5% |
| 2001 | -- | $40,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 48706
Nearby schools
GreatSchools rating
- 8/10Auburn Elementary SchoolGrades: K-5Distance: 2.6 mi
- 7/10Western Middle SchoolGrades: 6-8Distance: 3 mi
- 6/10Bay City Western High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- District: Bay City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Michigan
- Bay County
- Monitor
- 48706
- 497 Ott Rd
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