50 Wayne St Pontiac, MI 48342
Estimated payment $9,474/month
About This Home
*MOTIVATED SELLER* Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,473
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 120x141
Home Design
- Poured Concrete
Interior Spaces
- 40 Full Bathrooms
- 26,880 Sq Ft Home
- Multi-Level Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number OR19100013
Community Details
Overview
- 38 Units
- High-Rise Condominium
Pet Policy
- 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 | $1,473 | $84,210 | $0 | $0 |
| 2024 | $1,473 | $76,520 | $0 | $0 |
| 2023 | $1,403 | $67,090 | $0 | $0 |
| 2022 | $0 | $55,140 | $0 | $0 |
| 2021 | $993 | $52,290 | $0 | $0 |
| 2020 | $993 | $41,380 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $1,790,000 | -- | $67 / Sq Ft |
Source: Realcomp
MLS Number: 20261000001
APN: OR-19-100-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 72 Norton St
- 11 Lexington Place
- 36 Clairmont Place
- 0 Woodward Ave
- 18 Fairgrove St
- 124 State St
- 75 Mathews St
- 0 Baldwin Rd Unit 20251027987
- 205 Florence St
- 363 W Huron St
- 309 E Pike St
- 54 Bellevue St
- 59 Bellevue St
- 50 Henderson St
- 388 N Perry St
- 140 W Howard St
- 22 Cooley St
- 34 Liberty St
- 118 Henry Clay Ave
- 35 Liberty St
- 35 N Saginaw St
- 35 N Saginaw St
- 12 S Mill St
- 5 Carter St
- 149 N Perry St
- 4000 Winston Dr
- 101 Mechanic St
- 27 Henry Clay Ave
- 56 Mary Day Ave
- 21 Bellevue St Unit Bellevue Lower Unit
- 268 Cesar e Chavez Ave
- 24 Cochrane Place
- 44 Lincoln St
- 179 Lake St
- 574 W Huron St
- 16 Victory Dr Unit 18
- 128 S Edith St
- 269 Stonegate W Unit 57
- 24 Utica Rd
- 758 W Huron St