1813 3rd St, Bay City, MI, 48708
About This Home
This well-located Certified Rental Duplex offers a smart opportunity for investors and first-time buyers alike. Situated just down the road from Carol Park, steps from the Johnson St. Business District, and a short drive to Downtown Bay City, this property combines convenience, walkability, and built-in income potential. Major mechanical updates include a new Concord 95 furnace installed in 2022, along with new baseboard heat in the smaller unit, providing efficiency and peace of mind. The two units have separated Heat and hot water tanks, to ease the rental process. Both units look good and are move-in ready. The property is currently vacant, offering flexibility for owner-occupants or investors. The smaller unit rents for $720 per month, while the larger unit rents for $950 per month—an ideal setup for offsetting your mortgage or generating steady cash flow. Whether you’re looking to house-hack your first home or add a solid, income-producing property to your portfolio, this duplex delivers on location, updates, and rental potential.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1880
Materials
- Foundation: Basement
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Baseboard,Forced Air
Interior Area
- Total structure area: 1,597
- Total interior livable area: 1,597 sqft
Property
Details
- Parcel number: 16002232801300
- Special condition: Private
Features
- Levels: Two
- Stories: 2
- Frontage length: 50
Lot
- Lot size: 7,405 sqft
- Lot size dimensions: 7492
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Winter Weather
- Hail
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $656 | $7,872 |
| Home Insurance * | $102 | $1,224 |
| Property Taxes | $141 | $1,692 |
| Electricity | $188 | $2,259 |
| Total | $1,087 | $13,044 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Price change | $164,900 |
| 2026-03-17 | Price change | $167,900 |
| 2026-02-02 | Listed for sale | $170,000 |
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