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For sale
    • Price cut: $3K (8/5)
    $64,900

    501 S Madison Ave, Bay City, MI 48708

    3beds
    3,615sqft
    : 
    $521/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    4,791 Square Feet Lot
    $141,800 Zestimate®
    $18/sqft
    $-- HOA

    What's special

    Updated plumbingNewer rubber roof
    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!
    77 days
    1,080
    82

    Zillow last checked:

    Listing updated:

    Listed by:

    Charlene M Rupp 989-233-3301,

    Bay Area Real Estate 989-686-3300

    Source: MiRealSource,MLS#: 50212849MLS LogoOriginating MLS: Bay County REALTOR Association

      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: $18/sqft
      • Tax assessed value: $95,700
      • Annual tax amount: $1,473
      • Date on market: 6/25/2026
      • Cumulative days on market: 78 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $141,800

        $105,000 - $182,000

        $1,439/mo

        Price history

        DateEventPrice
        8/5/2026Price change$64,900-4.4%$18/sqft
        Source: MiRealSource #50212849 Report a problem
        6/25/2026Listed for sale$67,900+35.8%$19/sqft
        Source: MiRealSource #50212849 Report a problem
        2/20/2015Sold$50,000-47.4%$14/sqft
        Source: Public Record Report a problem
        11/19/2009Sold$95,000$26/sqft
        Source: Public Record Report a problem
        2/8/2008Sold$95,000$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 48708

        Getting around

        74 / 100
        Very Walkable
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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