50 Wayne St Pontiac, MI 48342
Estimated payment $9,265/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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | Price Changed | $1,780,000 | -0.6% | $66 / 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
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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.