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4-Unit Multifamily Property with Garage

285 Auburn Ave, Pontiac, MI 48342

For Sale
$300,000

A garage and a separate lot for parking complement the residential unit mix.

Property Size4,134 SF
Days on Market49

Property Features for 285 Auburn Ave

General Information

Standard status Active
Size 4,134 SF
Property subtype Investment
Occupancy 100%

Units

Unit Mix 1 x 3BR, 3 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,288

Building Details

Building Size 4,134 SF
Year Built 1939
Units 4
Listed By: Ann Hernandez
Source: Elliman
Added: Sep 26 Changed: Oct 29 Last Checked: Nov 12 at 8:10AM

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 Ann Hernandez

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Investment Insights

Based on property information with market context.

Built in 1939, this four-unit property contains one three-bedroom residence and three one-bedroom residences. All four units are occupied. The property also includes a 680-square-foot garage and an additional lot used for parking.

Located at 285 Auburn Ave in Pontiac, the sale is subject to the rights of the tenants. The property has a BikeScore of 48 and a WalkScore of 68.

Key Highlights

  • Four residences: one 3‑bedroom unit and three 1‑bedroom units
  • All units are occupied; sale is subject to tenant rights
  • 680‑square‑foot garage

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A garage and a separate lot for parking complement the residential unit mix.
Where is this quadplex located?
The property is located at 285 Auburn Ave Pontiac, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four residences: one 3‑bedroom unit and three 1‑bedroom units; All units are occupied; sale is subject to tenant rights; 680‑square‑foot garage
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