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    Auburn Hills, MI Lake Angelus, MI Waterford, MI Lake Orion, MI Waterford Township, MI Bloomfield Township, MI Bloomfield, MI Bloomfield Hills, MI
    Multifamily
    Updated: Jul 26, 2024
    Multifamily

    17 W Lawrence St, Pontiac, MI 48342

    $1,400,000
    10,000 sqft
    Fully renovated mixed‑use building with rental upside potential through the conversion of two spaces into apartments.
    Diverse income streams from 5 residential apartments, 3 private offices/studios, 2 commercial studios, a retail unit, and 3 basement artist studios.
    New electrical and upgraded plumbing systems ensure reliability and reduce maintenance costs.
    State‑of‑the‑art security system with cameras and a new fire alarm system provides enhanced safety and peace of mind.
    Efficient insulation, heating, and cooling systems, including central AC in all units, contribute to energy savings and tenant comfort.
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    This listing looks promising.

    Here's a quick look at some key insights for

    17 W Lawrence St, Pontiac, MI 48342

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $123K
      Annual

    • Price @ 7% Cap

      $1.75M
      Above asking
    View Property Analytics
    Turn-Key Multifamily Investment Opportunity
    Updated: Apr 3
    Turn-Key Multifamily Investment Opportunity

    51 SPOKANE Drive, Pontiac, MI 48341

    $1,900,000
    12,746 sqft 1.15 AC lot
    18 two‑bedroom units (~800 SF each); 17 units occupied and tenants current on rent (avg. ~$1,130/month).
    Individual natural gas furnaces per apartment with separate utilities and individual water meters.
    Private entrances and basements for each unit.
    Extensive updates: 9 units fully renovated in the last 4 years; 16 bathrooms completely updated.
    New roof installed across the complex in 2024 with a 20‑year transferable warranty.
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    Spacious Multifamily Investment Opportunity
    Spacious Multifamily Investment Opportunity

    109 Cadillac Street, Pontiac, MI 48342

    $599,999
    4,256 sqft 0.46 AC lot

    Six-unit multifamily property in Pontiac with individual utilities.

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    Pontiac Multifamily Investment Opportunity
    Pontiac Multifamily Investment Opportunity

    98 S Edith Street, Pontiac, MI 48342

    $700,000
    5,000 sqft 0.34 AC lot

    Renovated 11-unit apartment building in a profitable area.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turn-Key Multifamily Investment Opportunity
    Turn-Key Multifamily Investment Opportunity

    51 SPOKANE Dr, Pontiac, MI 48341

    $1,900,000
    14,400 sqft

    Profitable 18-unit complex with recent renovations and strong income potential.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Pontiac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Apartment Building
    16-Unit Apartment Building

    19131 Lahser Rd, Detroit, MI 48219

    $900,000

    Sixteen-unit building with most units occupied, offering income and leasing flexibility in a walkable, transit-accessible area.

    View details
    Move-In Ready Condo with Basement
    Move-In Ready Condo with Basement

    5279 E. 11 Mile, Warren, MI 48092

    $133,000
    968 sqft

    Charming 2-bedroom condo with basement, ready for immediate occupancy.

    View details
    Multifamily Property in Detroit
    Multifamily Property in Detroit

    23503 Seven Mile W, Detroit, MI 48219

    $2,290,000
    14,145 sqft

    40-unit multifamily property with 100% occupancy in Detroit.

    View details
    Clean End Unit Apartment
    Clean End Unit Apartment

    8210 Hettenberger, Warren, MI 48093

    $95,000

    Clean end unit with hardwood floors and included utilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft 0.10 AC lot

    Two-family home on a large lot with significant development potential.

    View details

    Off-Market Properties in Pontiac, MI

    Consider similar Off-Market properties in Pontiac, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    500 Walton Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    500 Walton Blvd, Pontiac, MI 48340-1355

    Value Estimation by Request
    View details
    16 Lawrence St
    Multifamily properties

    16 Lawrence St, Pontiac, MI 48342

    Value Estimation by Request
    View details
    17 Lawrence St
    Multifamily properties

    17 Lawrence St, Pontiac, MI 48342

    Value Estimation by Request
    10,000 sqft
    View details
    470 Cesar E Chavez Ave
    Multifamily properties

    470 Cesar E Chavez Ave, Pontiac, MI 48342

    Value Estimation by Request
    6,011 sqft
    View details

    Pontiac, MI Apartment Buildings Market Trends and Statistics

    Explore 9 apartment buildings for sale in Pontiac, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 86,952 square feet of properties for sale, with an estimated market value of $10,299,999.

    Sale prices for two-family homes in Pontiac, MI start at $599,999, averaging $1,287,499, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 62K
    Population Growth (5Y) +3.5%
    Median Household Income $42,849
    College Educated 15.7%

    High-Yield Neighborhoods for Investment

    Identify Pontiac submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48342 $920K
    48341 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 4.12%
    Property Tax per SF $51.72 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Pontiac fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Pontiac, MI

    • 48342
    • 48341

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