Opportunity isn't just knocking at this Bay City gem—it’s practically moving in! This well updated duplex offers the ultimate "live for less" lifestyle: reside in one unit while the other handles the heavy lifting, or simply sit back and watch your investment flourish. From the newer roof and siding to the recently refreshed furnaces and hot water heaters, the mechanical "magic" is already done. Inside, sun-drenched rooms lead to a massive screened-in porch, perfect for breezy afternoons without the uninvited guests (the buzzing kind). Outside, a partially fenced backyard offers a private slice of greenery, while the full basement provides a very large retreat for all your storage needs. Perfectly perched near the Midland Street Historic District and Veterans Park, you’re never more than a stroll away from downtown's vibrant pulse. With split utilities making management a breeze, this turn-key treasure is as smart as it is charming.
Sold for $97,950
$97,950
502 E South Union St, Bay City, MI 48706
3beds
1,451sqft
Multi Family
Built in 1920
-- sqft lot
$105,300 Zestimate®
$68/sqft
$863 Estimated rent
Home value
$105,300
$96,000 - $116,000
$863/mo
Zestimate® history
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List your homeWhat's special
Partially fenced backyardFull basementMassive screened-in porchRecently refreshed furnacesNewer roofSun-drenched rooms
Zillow last checked:
Listing updated:
Listed by:
Steven J Schoenherr 989-948-7408,
Ayre/Rhinehart Bay REALTORS
Bought with:
Robert Struck, 6506038502
RE/MAX Results
Source: MiRealSource,MLS#: 50200007
Originating MLS: Bay County REALTOR Association
Originating MLS: Bay County REALTOR AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Features: No
Heating
- Forced Air
Appliances
- Included: Range/Oven, Refrigerator
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 1,451
- Total interior livable area: 1,451 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Dimensions: 50' x 95'
Details
- Parcel number: 16002025400200
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: No
Location
- Region: Bay City
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $95,200
- Annual tax amount: $2,094
- Date on market: 2/23/2026
- Cumulative days on market: 14 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 775
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $97,950-1.1%$68/sqft |
Source:  MiRealSource #50200007 Report a problem | ||
| 3/9/2026 | Pending sale | $99,000$68/sqft |
Source: MiRealSource #50200007 Report a problem | ||
| 2/23/2026 | Listed for sale | $99,000$68/sqft |
Source: MiRealSource #50200007 Report a problem | ||
| 1/1/2026 | Listing removed | $99,000$68/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 12/23/2025 | Listed for sale | $99,000$68/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 12/18/2025 | Pending sale | $99,000$68/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 11/14/2025 | Price change | $99,000-4.8%$68/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 8/29/2025 | Price change | $104,000-4.6%$72/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 7/28/2025 | Price change | $109,000-5.2%$75/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 6/21/2025 | Listed for sale | $115,000+447.6%$79/sqft |
Source: MiRealSource #50179248 Report a problem | ||
| 2/13/2020 | Listing removed | $550 |
Source: All Star Asset Management A.S.A.M. Report a problem | ||
| 1/2/2020 | Price change | $550+10% |
Source: All Star Asset Management A.S.A.M. Report a problem | ||
| 11/25/2019 | Price change | $500-9.1% |
Source: Zillow Rental Manager Report a problem | ||
| 11/12/2019 | Listed for rent | $550 |
Source: Zillow Rental Manager Report a problem | ||
| 8/31/2017 | Sold | $21,000-18.9%$14/sqft |
Source: MiRealSource #30825451 Report a problem | ||
| 7/18/2017 | Listed for sale | $25,900-0.4%$18/sqft |
Source: CENTURY 21 Signature Realty #2171361 Report a problem | ||
| 9/23/2016 | Sold | $26,000$18/sqft |
Source: MiRealSource #30813698 Report a problem | ||
| 6/27/2016 | Listed for sale | $26,000-6.3%$18/sqft |
Source: All Star Real Estate #2161332 Report a problem | ||
| 12/16/2014 | Sold | $27,750-40.3%$19/sqft |
Source: Public Record Report a problem | ||
| 4/15/2008 | Sold | $46,500$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,192 +4.9% | $47,600 +21.6% |
| 2024 | $2,089 | $39,150 +6.5% |
| 2023 | -- | $36,750 +11.7% |
| 2022 | -- | $32,900 +8.6% |
| 2021 | -- | $30,300 +12.4% |
| 2020 | $1,666 | $26,950 +5.3% |
| 2019 | -- | $25,600 +3.4% |
| 2018 | $1,666 -30.5% | $24,750 -1.2% |
| 2017 | $2,398 | $25,050 -0.4% |
| 2016 | $2,398 | $25,150 +17.2% |
| 2015 | $2,398 +127.2% | $21,450 -0.9% |
| 2014 | $1,056 | $21,650 -6.1% |
| 2013 | -- | $23,050 -11.5% |
| 2012 | -- | $26,050 -7.1% |
| 2011 | -- | $28,050 +2.4% |
| 2010 | -- | $27,400 -9.7% |
| 2009 | -- | $30,350 -14.5% |
| 2008 | -- | $35,500 +22.4% |
| 2007 | -- | $29,000 -1.2% |
| 2006 | -- | $29,350 |
| 2005 | -- | $29,350 +3% |
| 2004 | -- | $28,500 +5.6% |
| 2003 | -- | $27,000 +12% |
| 2002 | $828 | $24,100 +15.3% |
| 2000 | -- | $20,900 |
Find assessor info on the county website
Neighborhood: 48706
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Kolb Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Handy Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Bay City Central High SchoolGrades: 9-12Distance: 1.8 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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- Michigan
- Bay County
- Bay City
- 48706
- 502 E South Union St
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