Unique investment opportunity! Over 3,600 square feet of space! One part of property was previously used as a bar. This space is currently used as a great room with wood ceilings & old bar still installed with hot/cold water with sink & cold water line at the end of bar for ice machine-what a great entertaining space with room for a ton of guests!! There's 3 bedrooms 1 1/2baths, the 3rd bedroom needs one wall to be drywalled. Evidence of old water leaks on few ceilings, some of the roof was redone approximately 11 years ago, backside of house 2026. There is also an unfinished area with possibility of an apartment off the upstairs bath. This property is in need of TLC-priced accordingly, cash buyer's only please. Be careful going on stairs upstairs. Parking on backside of home off alley.
For sale
$67,900
501 S Madison Ave, Bay City, MI 48708
3beds
3,615sqft
Single Family Residence
Built in 1920
4,791 Square Feet Lot
$131,600 Zestimate®
$19/sqft
$-- HOA
What's special
- 7 days |
- 1,943 |
- 53 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Charlene M Rupp 989-233-3301,
Bay Area Real Estate 989-686-3300
Source: MiRealSource,MLS#: 50212849
Originating MLS: Bay County REALTOR Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Features: Wood
- Level: Second
- Area: 180
- Dimensions: 12 x 15
Bedroom 2
- Features: Carpet
- Level: Second
- Area: 120
- Dimensions: 8 x 15
Bedroom 3
- Features: Wood
- Level: Second
- Area: 130
- Dimensions: 10 x 13
Bathroom 1
- Features: Wood
- Level: Second
- Area: 143
- Dimensions: 11 x 13
Dining room
- Features: Wood
- Level: First
- Area: 120
- Dimensions: 8 x 15
Family room
- Features: Carpet
- Level: First
- Area: 1650
- Dimensions: 33 x 50
Kitchen
- Features: Laminate
- Level: First
- Area: 208
- Dimensions: 13 x 16
Living room
- Features: Wood
- Level: First
- Area: 204
- Dimensions: 12 x 17
Heating
- Hot Water, Natural Gas
Features
- Flooring: Wood, Carpet, Laminate
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 5,815
- Total interior livable area: 3,615 sqft
- Finished area above ground: 3,615
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Frontage type: Road
- Frontage length: 50
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 16002841000100
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Basement
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Phillip Simons Sub
HOA
- Has HOA: No
Location
- Region: Bay City
Financial & listing details
- Price per square foot: $19/sqft
- Tax assessed value: $95,700
- Annual tax amount: $1,473
- Date on market: 6/25/2026
- Cumulative days on market: 8 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$131,600
$99,000 - $165,000
$1,359/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $67,900+35.8%$19/sqft |
Source: | ||
| 2/20/2015 | Sold | $50,000-47.4%$14/sqft |
Source: Public Record Report a problem | ||
| 11/19/2009 | Sold | $95,000$26/sqft |
Source: Public Record Report a problem | ||
| 2/8/2008 | Sold | $95,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,431 +5.8% | $47,850 +11.9% |
| 2024 | $1,352 | $42,750 +21.3% |
| 2023 | -- | $35,250 +9% |
| 2022 | -- | $32,350 +4.2% |
| 2021 | -- | $31,050 +6% |
| 2020 | $1,247 | $29,300 +8.5% |
| 2019 | -- | $27,000 +2.5% |
| 2018 | $1,247 +2.7% | $26,350 -9.1% |
| 2017 | $1,214 | $29,000 +17.6% |
| 2016 | $1,214 | $24,650 -19.7% |
| 2015 | $1,214 -33.2% | $30,700 +5.7% |
| 2014 | $1,818 | $29,050 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 48708
Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Handy Middle SchoolGrades: 6-8Distance: 1.9 mi
- 6/10Bay City Central High SchoolGrades: 9-12Distance: 0.6 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.
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A local lender can help you make sure your offer is ready when you are.
- Michigan
- Bay County
- Bay City
- 48708
- 501 S Madison Ave





