389 Osmun Street Pontiac, MI $ 250,000
389 Osmun Street
$ 250,000
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389 Osmun Street

Pontiac, MI, 48342
$ 250,000
Baths4.0 Sq 1,300

Monthly Estimate*

$ 1,539

389 Osmun Street, Pontiac, MI 48342 - Image 1
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Studio

Multi-Family Home for sale in Pontiac, MI

for $250,000 with 4 full baths. This 1,300 square foot home was built in 1920 on a lot size of 0.22.

Investment Opportunity in Pontiac Located at 389 Osmun Street, this multi-family property offers a solid investment opportunity with four one-bedroom units. The property is tenant occupied, and two of the four units participate in the Pontiac Lighthouse Program, a government-assisted housing program that provides consistent monthly rental payments. The building has been renovated, offering updated interiors and a new roof. With tenants currently in place, this property presents an opportunity for an investor seeking a stabilized asset in an established rental market. Conveniently situated near downtown Pontiac with access to major roads, shopping, and local amenities. Showings are subject to tenant rights. Pictures are of vacant lower Unit landlord in the process of finding new tenant. All units look the same just different in sizes. Please do not disturb tenants. Measurements are Estimated. BATVI. Inspection available with accepted

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,900

Style

Colonial

Lot Size

0.22

Year Built

1920

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

60963968

Features
General
Heating Forced Air
Possession At Close
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1920
Subdivision Osmun Gardens 2 MI
Style Colonial
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 42000
Ownership Private
Municipality Pontiac
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Pontiac (63142)
Primary City Pontiac
Directions Martin Luther King to Osmun
City Pontiac
School District Pontiac City School District
Financial Terms Cash Conventional
Legal Description T3N R10E SEC 33 OSMUN GARDENS NO. 2 LOTS 212 & 213
DOM 2
Postal Code 48342
Price Per Sq Ft Total AG 192.31
Public Remarks Investment Opportunity in Pontiac Located at 389 Osmun Street this multi-family property offers a solid investment opportunity with four one-bedroom units. The property is tenant occupied
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Interior
Basement Block
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Exterior Vinyl Siding
Lot Size Area 0.22
Lot Dimensions irregular
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Antonio Rodriguez Wilkes

Listing Agent

Social House Real Estate Group Llc

Broker

tony@inkedmichiganrealty.com

Email

Affordability Calculator

$1,781
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759574 Elementary School
759453 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$250,000 Listed Price

Map


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389 Osmun Street, Pontiac, MI, 48342 is a Multi-Family Home for sale at $250,000 with 1,300 sqft and a lot size of 0.22. 389 Osmun Street is a studio with 4.0 baths and was built in 1920. The property's zip code is 48342 which is in Pontiac, MI