Money Maker on Marsac! Whether you're expanding your investment portfolio or purchasing your first rental, this two-unit multifamily offers an excellent opportunity! Both units are rented month-to-month, generating $1,550 in monthly income ($18,600 annually). The upper unit features 2 bedrooms, 1 bathroom, new flooring, and a private exterior entrance. The spacious lower unit offers two entrances, a charming front porch, a large living room, and original hardwood floors extending through both bedrooms. A central boiler heats both units, water is shared, and electricity is separately metered. Situated on a corner lot, this income-producing property offers immediate rental income and potential for future growth!
South End, located between the Saginaw River and the Bay City State Recreation Area, is a residential and waterfront Bay City neighborhood with riverfront parks and working-port scenery. The neighborhood’s character concentrates around the stretch of Saginaw Street near the Liberty Bridge, where corner taverns, small eateries, and marina traffic set a steady, lived-in rhythm. Historic churches and early-20th-century houses mix with modest bungalows and views of freighters moving upriver. Veterans Memorial Park and nearby riverwalk segments frame daily walks and shoreline sunsets. Bay City State Park’s trails and Tobico Lagoon sit close by for paddling and birdwatching. The feel is grounded and practical, shaped by water, industry, and long-standing local gathering spots.
Provided by Walk Score and Local Logic
Offer insights
1221 Marsac St · $115,000
$115K and above
75% chance or better to win
Why $115K+ is a strong offer
DAYS ON MARKET
1 days
The average home goes pending in 76 days.
SALE-TO-LIST
91.2%
Most homes are selling 9% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full basement with crawl space
Bedrooms
Two 2-bedroom units
Bathrooms
One bathroom in each unit
Heating & cooling
Baseboard, hot water, and radiant heating
Natural gas heating
Window unit cooling
Exterior features
Level lot
Paved road
Sidewalks
Home design
Multifamily property with lower and upper units
Parking
Two parking spaces
Construction
Vinyl siding
Composition roof
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Financial info
Lower unit rent: $850
Upper unit rent: $700
Electricity and solar
View estimated energy costs and solar savings for this home
Money Maker on Marsac! Whether you're expanding your investment portfolio or purchasing your first rental, this two-unit multifamily offers an excellent opportunity! Both units are rented month-to-month, generating $1,550 in monthly income ($18,600 annually). The upper unit features 2 bedrooms, 1 bathroom, new flooring, and a private exterior entrance. The spacious lower unit offers two entrances, a charming front porch, a large living room, and original hardwood floors extending through both bedrooms. A central boiler heats both units, water is shared, and electricity is separately metered. Situated on a corner lot, this income-producing property offers immediate rental income and potential for future growth!
REALCOMP #65026060240
Nov 13, 2026
Listed
$115,000
MiRealSource-MiMLS #50175671
Nov 18, 2025
Listing Removed
—
Jul 9, 2025
Listing Removed
—
Jul 1, 2025
Contingent
—
May 22, 2025
Listed
$95,000
REALCOMP #61050175671
Jul 9, 2025
Listing Removed
—
Jul 1, 2025
Contingent
—
May 22, 2025
Listed
$95,000
MiRealSource-MiMLS #50151389
Sep 10, 2024
Listing Removed
—
Aug 22, 2024
Price Changed
$105,000
Aug 13, 2024
Contingent
—
Aug 8, 2024
Listed
$100,000
MiRealSource-MiMLS #50120131
Nov 17, 2023
Sold
$92,000
Sep 27, 2023
Pending
—
Sep 22, 2023
Contingent
—
Aug 25, 2023
Listed
$95,000
Public Records
Sep 15, 2000
Sold
$56,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,039 (+3.0%)
2024
$1,979 (+41.2%)
2023
$1,402 (−22.6%)
2022
$1,811 (+73.4%)
2021
$1,044 (−20.0%)
2020
$1,306 (+5.3%)
2019
$1,240 (−5.5%)
2018
$1,312 (+14.5%)
2017
$1,146 (+0.2%)
2016
$1,144 (−33.2%)
2014
$1,713
Public record
Beds
4
Baths
2
Stories
—
Lot width
50 ft.
Lot depth
100 ft.
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,514
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,514
Year built
1900
Style
Single Family Residential
County
Bay County
APN
160-033-308-005-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Bay City, MI • 48708
Average low and high temperatures (°F)
27°
15°
32°
18°
47°
29°
58°
39°
66°
47°
80°
60°
85°
65°
80°
61°
75°
54°
63°
45°
47°
35°
33°
22°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Bay City. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
12.4 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1221 Marsac St
$114,420
$580 under list price of $115K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $113K to $141K.