Building Details

Year Built 1920

Listing Agency: Vantage Realty Group, LLC m***@gmail.com Show Phone

Listed By: Michael Weinraub · License #6501416052 Show Phone

Source: Exitrealty

Added: Apr 3, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:30PM

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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 Vantage Realty Group, LLC

Investment Insights

Based on property information with market context.

Built in 1920, this 2,208-square-foot quadplex contains four multifamily units and is currently occupied by tenants. A new roof has been installed, adding a recent major improvement to the property.

The property is offered in as-is condition, with an inspection available after an accepted offer. Tenant access should be coordinated without disturbance.

Key Highlights

• Four‑unit multifamily property
• 2,208 square feet across four units
• Built in 1920

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

275

Businesses Nearby

Explore this area Business Placement

Demographics for 48342, MI

18,685

Population

7,559

Households

2.5

Avg Household Size

33

Median Age

10%

College-Educated

76%

High-School Grad

5.2 sq mi

ZIP Area

3,593

Density / Sq Mi

$33,750

Median Household Income

$29,970

Median Earnings

$851

Median Rent

$90,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Quadplex - Tenant-occupied four-unit property with a newly installed roof and an as-is sale structure.

Where is this quadplex located?

The property is located at 389 Osmun Street Pontiac, MI.

What is the asking price?

The asking price for this property is $160,000.

What are key features of this property?

This property features: Four‑unit multifamily property; 2,208 square feet across four units; Built in 1920