156 Mark Ave Pontiac, MI 48341
Estimated payment $1,849/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1931
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 40x150
Parking
- Garage
Home Design
- Brick Exterior Construction
- Block Foundation
Additional Features
- 3 Full Bathrooms
- Baseboard Heating
- Basement
Listing and Financial Details
- Assessor Parcel Number 1430427002
Community Details
Overview
- 3 Units
- Bagley & Manns Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,074 | $60,400 | $0 | $0 |
| 2024 | $2,896 | $52,720 | $0 | $0 |
| 2023 | $1,383 | $45,770 | $0 | $0 |
| 2022 | $1,761 | $37,470 | $0 | $0 |
| 2021 | $1,950 | $30,450 | $0 | $0 |
| 2020 | $1,257 | $27,100 | $0 | $0 |
| 2019 | $1,356 | $24,860 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $299,000 | +837.3% | $161 / Sq Ft | |
| 12/06/2013 12/06/13 | Sold | $31,900 | -8.6% | $17 / Sq Ft | View Prior Sale |
| 10/30/2013 10/30/13 | Pending | -- | -- | -- | |
| 09/05/2013 09/05/13 | For Sale | $34,900 | -- | $19 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $55,000 | Shores Title | |
| Warranty Deed | $55,000 | Shores Title | |
| Warranty Deed | $92,500 | None Listed On Document | |
| Warranty Deed | $92,500 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $71,780 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $68,000 | -- |
Source: Realcomp
MLS Number: 20261029786
APN: 14-30-427-002
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.