Pontiac Triplex Value-Add
For Sale
$100,000
Pending
323 Ferry Avenue, Pontiac, MI 48341
Triplex in Pontiac, MI. Value-add opportunity with land contract.
Property Size6,011 SF
Days on Market245
Property Features for 323 Ferry Avenue
General Information
Standard status
Pending
Size
6,011 SF
Property subtype
Residential Income / Multi Family
Taxes and HOA fees
Annual Taxes
$1,687
Amenities
Forced Air, Yes
Yes
Forced Air
Natural Gas
0.0
Tile
Full
Aluminum Siding
Building Details
Year Built
1910
Units
3
Listing Agency:
Vantage Realty Group, LLC
Listed By:
Michael Weinraub · License #6501416052
(248) 207-2987
Source:
Compass
Added: Jan 15
Changed: Sep 13
Last Checked: Sep 16 at 9:07PM
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.
Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex presents a value-add opportunity for investors. The property features three 1-bedroom, 1-bath units. Each unit was previously rented at $750 per month, offering a projected gross income of $2,250 per month when fully performing. The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. A land contract is available. The bike score is 57, indicating it is bikeable, and the walk score is 62, indicating it is somewhat walkable.
Key Highlights
- Triplex with potential gross income of $2,250/month when fully rented.
- Value‑add opportunity for renovation and increased returns.
- Land contract available for flexible financing.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
371
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex in Pontiac, MI. Value-add opportunity with land contract.
Where is this triplex located?
The property is located at 323 Ferry Avenue Pontiac, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Triplex with potential gross income of $2,250/month when fully rented.; Value‑add opportunity for renovation and increased returns.; Land contract available for flexible financing.
