32 Augusta Avenue Pontiac, MI ^$ 349,000

32 Augusta Avenue

^$ 349,000

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Recently Listed

32 Augusta Avenue

Pontiac, MI, 48341

^$ 349,000

Studio Baths5.0 Sq 4,626

Monthly Estimate*

^$ 2,149

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Studio

Multi-Family Home for sale in Pontiac, MI

for $349,000 with 5 full baths. This 4,626 square foot home was built in 1924 on a lot size of 0.2.

Fully Occupied 5-Unit Investment Property for Sale in Pontiac, MI Excellent investment opportunity in Pontiac! This reasonably maintained 5-unit multifamily building is fully occupied, providing immediate rental income. Each unit features 2 bedrooms and 1 bathroom (Except the attic unit, which has 1 bed/1 bath), offering comfortable layouts that appeal to long-term tenants. The property sits on a quiet block and includes a rear parking slab for tenant convenience. Major components—including the vinyl windows, roof, furnaces, and water heaters—are in great condition. Unit interiors vary in updates but are all well-kept. Seller financing is available with 25% down, and terms are negotiable, creating a flexible opportunity for investors. With solid occupancy and room for future value growth, this property is a strong addition to any portfolio.

Multi-Family Active

Price

^$ 349,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,627

Style

Common Entry Building,Upper Lower Apartment

Lot Size

0.2

Year Built

1924

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20261013547

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Possession AtClose

Garage Spaces 0.0

Architectural Style CommonEntryBuilding UpperLowerApartment

Pool Features None

Construction Materials Brick

Pets Allowed CatsOk SizeLimit Yes

Year Built 1924

Levels Three

Property Subtype MultiFamily

County Oakland

Net Operating Income 0.0

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name SANDERSON & JOHNSTONS ADD

Garage Y/N N

Full Baths 5

Status Active

Directions East On M59 To Left On State (Near Central High) To Right

City PontiacCity_Oakland

Disclosures ActualIncome TaxesNotHomesteadExempt

Senior Community Y/N N

High School District Pontiac

Zoning Description Residential

Number Of Units Total 5

MLS Area Area02142Pontiac

Lot Size Units Acres

Carport Y/N N

Number of Units Leased 5

Land Lease Y/N N

Tax Annual Amount 2627.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 47910

Expected Active Date 2026-03-13

Legal Description T3N R10E SEC 29 SANDERSON AND JOHNSTON'S ADDITION LOT 185 ALSO SWLY 1/2 OF VAC ALLEY ADJ TO SAME

Interior

Basement Common Unfinished

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 4626.0

Half Baths 0

Above Grade Finished Area Unit Type SquareFeet

Total Baths 5

Exterior

Water Source Other

Foundation Details Basement Block

Spa N

Lot Dimensions 50x175x175

Lot Size Acres 0.2

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 32

* Excluded Features

List By

Theodius Cross

Listing Agent

M1 Brokerage, Llc

Broker

(313) 680-5226

Phone

Affordability Calculator

$2,368

Per Month

Monthly Principal & Interest: $2,149
Monthly Property Taxes: $219
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Pontiac, MI

Average List Price ^$479,550

Percent of Sale Price 37%

About Pontiac, MI

59,088 Population

-11% Since 2002

^$30,516 Median Income

35.44 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848877 Elementary School

847985 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2026	$349,000		Listed Price

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32 Augusta Avenue, Pontiac, MI, 48341 is a Multi-Family Home for sale at $349,000 with 4,626 sqft and a lot size of 0.2. 32 Augusta Avenue is a studio with 5.0 baths and was built in 1924. The property's zip code is 48341 which is in Pontiac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/18/2026.

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32 Augusta Avenue

Multi-Family Home for sale in Pontiac, MI

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