Brick Triplex with Two-Car
For Sale
$299,000
156 Mark Ave, Pontiac, MI 48341
Brick triplex offering two occupied 2-bedroom units and a vacant basement studio with egress, plus a two-car garage.
Property SizeContact for details
Days on Market89
Property Features for 156 Mark Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Investment
Additional Details
Cap Rate
11%
Multifamily Units
3
Building Details
Year Built
1931
Construction
brick
Listing Agency:
National Realty Centers, Inc
(269) 365-3320
Listed By:
Michael Cash
(269) 365-3320
Source:
Elliman
Added: May 9
Changed: Jul 22
Last Checked: Jul 23 at 11:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of National Realty Centers, Inc
Investment Insights
Based on property information with market context.
This brick triplex includes three rental units. Two units are spacious 2-bedroom apartments and are currently occupied, while the third unit is a vacant basement studio that includes egress.
The property is located near Telegraph and Elizabeth Lake Rd in Pontiac and includes a two-car garage for added tenant convenience.
With all three units available for rent, the property is positioned as a straightforward residential income asset, with showings available upon accepted offer only.
The property is located near Telegraph and Elizabeth Lake Rd in Pontiac and includes a two-car garage for added tenant convenience.
With all three units available for rent, the property is positioned as a straightforward residential income asset, with showings available upon accepted offer only.
Key Highlights
- Brick triplex built in 1931 with two 2‑bedroom units currently occupied
- Section 8 tenants in the 2‑bedroom units paying $1,250/mo and $1,207/mo
- Vacant basement studio with egress—estimated rental potential of $750 per month
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 48341, MI
16,980
Population
8,601
Households
2
Avg Household Size
38
Median Age
24%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
2,534
Density / Sq Mi
$46,185
Median Household Income
$34,200
Median Earnings
$917
Median Rent
$124,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Brick triplex offering two occupied 2-bedroom units and a vacant basement studio with egress, plus a two-car garage.
Where is this triplex located?
The property is located at 156 Mark Ave Pontiac, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Brick triplex built in 1931 with two 2‑bedroom units currently occupied; Section 8 tenants in the 2‑bedroom units paying $1,250/mo and $1,207/mo; Vacant basement studio with egress—estimated rental potential of $750 per month
