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Brick 4-Unit Apartment Building
For Sale
Contact for pricing
Pending

21 Henry Clay Ave, Pontiac, MI 48341

Multi-unit residential property with separate access arrangements and recent improvements across most apartments.

Property SizeContact for details
Days on Market143

Property Features for 21 Henry Clay Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 75%

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Building Details

Buildings 1
Construction Brick
Listing Agency: Community Choice Realty Inc
Listed By: John Haughton · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:41PM

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 Community Choice Realty Inc

Investment Insights

Based on property information with market context.

This brick quadplex contains four apartments: two one-bedroom units and two two-bedroom units. Each pair of apartments is served by its own entrance and stairwell, creating a distinct access arrangement within the building. Three of the four units have received updates in the past couple of years, including paint, flooring, lighting, kitchen cabinets, sinks, and appliances. Improvements also include a replacement sewer main and work to the front porch.

The property is located at 21 Henry Clay Ave in Pontiac’s Franklin Historic District. Current occupancy is 75%, with occupied units renting at market rent. The unit mix and separate circulation provide a clearly defined layout for a multifamily owner evaluating an existing residential income property.

Key Highlights

  • Brick 4‑unit apartment building in Pontiac’s Franklin Historic District
  • Unit mix includes two 1‑bedroom apartments and two 2‑bedroom apartments
  • 75% of the building is rented at market rent

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

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

Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multi-unit residential property with separate access arrangements and recent improvements across most apartments.
Where is this quadplex located?
The property is located at 21 Henry Clay Ave Pontiac, MI.
What are key features of this property?
This property features: Brick 4‑unit apartment building in Pontiac’s Franklin Historic District; Unit mix includes two 1‑bedroom apartments and two 2‑bedroom apartments; 75% of the building is rented at market rent
More about this property
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