156 Mark Avenue Pontiac, MI ^$ 299,000

156 Mark Avenue

^$ 299,000

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Recently Listed

156 Mark Avenue

Pontiac, MI, 48341

^$ 299,000

Studio Baths3.0 Sq 1,854

Monthly Estimate*

^$ 1,841

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Studio

Multi-Family Home for sale in Pontiac, MI

for $299,000 with 3 full baths. This 1,854 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.

Multi-Family Active

Price

^$ 299,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,159

Style

Lot Size

0.14

Year Built

1931

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

60988504

Features

General

Heating Baseboard Hot Water

Possession At Close

Water Public Water

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1931

Subdivision Bagley & Manns MI

Water Heater Gas

County Oakland

Class MULTIFAMILY

Type Multi-Family

Net Income 33384

Ownership Private

Municipality Pontiac

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Pontiac (63142)

Primary City Pontiac

Directions South of Elizabeth Lake N of Huron East of Telegraph

City Pontiac

School District Pontiac City School District

Financial Terms Cash Conventional

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

DOM 0

Postal Code 48341

Price Per Sq Ft Total AG 161.27

Public Remarks 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

Interior

Basement Block Finished

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Porch Exterior Balcony

Frontage 40

Lot Size Area 0.14

Lot Dimensions 40X150

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Michael Cash

Listing Agent

National Realty Centers, Inc

Broker

michael.allen.cash@gmail.com

Affordability Calculator

$2,104

Per Month

Monthly Principal & Interest: $1,841
Monthly Property Taxes: $263
Monthly Home Insurance: --

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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 ^$462,771

Percent of Sale Price 55%

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.

759574 Elementary School

759453 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 1,854 sqft and a lot size of 0.14. 156 Mark Avenue is a studio with 3.0 baths and was built in 1931. 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.

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156 Mark Avenue

Multi-Family Home for sale in Pontiac, MI

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