156 Mark Avenue
Pontiac, Michigan 48341
4
Bed
3
Bath
1,854Sqft
0.14Acre(Lot)
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
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 3 Full Baths: 3 -
Room Information
Porches: Balcony,Porch - Covered,Porch,CoveredInterior Features
Roof: Asphalt Basement Description: Finished -
Heating & Cooling
Heating: Baseboard,Hot Water Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1931 Building Stories: 2 Story Total Units: 3 Roof: Asphalt Foundation/Basement: Basement Architecture: Triplex -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.14 Lot Dimensions: 40X150 Frontage Feet: 40 -
Property Information
SQ ft: 1854 Subdivision: Bagley & Manns Financing: Cash,Conventional
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Listing Price Information
Original List Price: $299,000 -
Listing Information
Possession: At Close 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, TH N 40 FT, TH W 150 FT TO BEG
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Tax Information
Annual Tax: $3,159 Parcel Number: 1430427002Possession
At CloseLegal Information
Legal Description: Section: 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, TH N 40 FT, TH W 150 FT TO BEG
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Unit 2 Information
# of Bedrooms: 2
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School Information
School District: Pontiac -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 323 Ferry Avenue , Pontiac, MI, 48341 | $100,000 | 3 | -- | -- | |
| 44784 Woodward Avenue , Pontiac, MI, 48341 | $1,400,000 | 23 | 23 | 6,567 | 6,567 SqFt |
| 51 Spokane Drive , Pontiac, MI, 48341 | $1,900,000 | 36 | 18 | 12,746 | 12,746 SqFt |
| 832 W Huron Street , Pontiac, MI, 48341 | $239,900 | 4 | 2 | 1,862 | 1,862 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 15:25
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