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156 Mark Avenue Pontiac, MI $ 299,000
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156 Mark Avenue
$ 299,000
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156 Mark Avenue

Pontiac, MI, 48341
$ 299,000
Bedrooms2 Baths3.0 Sq 2,654

Monthly Estimate*

$ 1,841

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Multi-Family Home for sale in Pontiac, MI

for $299,000 with 2 bedrooms and 3 full baths. This 2,654 square foot home was built in 1931 on a lot size of 0.14.

Fantastic investment opportunity with this solid brick triplex in Pontiac, conveniently located near Telegraph and Elizabeth Lake Rd. The property includes two spacious 2-bedroom units, both currently occupied by Section 8 tenants paying $1,250 and $1,207 per month. The third unit is a vacant basement studio with egress, offering an estimated rental potential of $750 per month. With all three units rented, the property has the potential to generate approximately $3,207 in monthly income, delivering an attractive projected cap rate of 11%. Additional features include a two-car garage for added tenant convenience. Showings are available upon accepted offer only.

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Multi-Family Active

Price

$ 299,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,159

Style

Triplex

Lot Size

0.14

Year Built

1931

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20261029786
Features
General
Sewer PublicSewer
Heating Baseboard HotWater NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Triplex
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1931
Levels Two
Property Subtype MultiFamily
Community Features Sidewalks
County Oakland
Net Operating Income 33384.0
Operating Expense 5100.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name BAGLEY & MANNS
Garage Y/N Y
Full Baths 3
Status Active
Directions South of Elizabeth Lake N of Huron East of Telegraph
City PontiacCity_Oakland
Disclosures ExclusionsDoNotExist ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Pontiac
Zoning Description Residential
Number Of Units Total 3
MLS Area Area02142Pontiac
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 3159.0
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 54350
Expected Active Date 2026-04-30
Legal Description T3N R10E SEC 30 BAGLEY AND MANN PART OF LOTS 4 & 5 BEG AT PT LOC ON E SIDE OF MARK AVE & DIST S 250 FT FROM INTERSEC OF S LINE OF ELIZABETH LK RD & SD E LINE OF MARK AVE TH S 40 FT TH E 150 FT T
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Interior
Basement Finished Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1854.0
Half Baths 0
Laundry Features WasherHookup
Below Grade Finished Area 800.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Exterior Amenities Balcony
Parking Features Garage
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X150
Lot Size Acres 0.14
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 156
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* Excluded Features
List By
Michael Cash

Listing Agent

National Realty Centers, Inc

Broker

(269) 365-3320

Phone

Affordability Calculator

$2,104
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,841
Monthly Property Taxes
$263
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
848877 Elementary School
847985 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2026$299,000 Listed Price

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156 Mark Avenue, Pontiac, MI, 48341 is a Multi-Family Home for sale at $299,000 with 2,654 sqft and a lot size of 0.14. 156 Mark Avenue has 2 bedrooms, 3.0 baths, and was built in 1931. The property's zip code is 48341 which is in Pontiac, MI

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