Pontiac Triplex Value-Add
For Sale
$100,000
Pending
323 Ferry Avenue, Pontiac, MI 48341
MULTI_FAMILY - Pontiac, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market218
Property Features for 323 Ferry Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Basement
Parking
6
Basement
Full
Elementary school district
Pontiac
Middle school district
Pontiac
High school district
Pontiac
Directions
South BLVD OR MLK to Ferry
Subdivision
Oakland County - 70
Standard status
Pending
APN
14-33-451-034
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
T3N, R10E, SEC 33 SUB OF S 1/2 OF LOT 231 & ALL OF LOTS 232-233-234 OF FERRY FARM ADDITION LOT 313
Tax Annual Amount
1687
Legal Description
T3N, R10E, SEC 33 SUB OF S 1/2 OF LOT 231 & ALL OF LOTS 232-233-234 OF FERRY FARM ADDITION LOT 313
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Building Details
Year built
1910
Number of units
3
Building materials
Aluminum Siding
Roof type
Tile
Listing Agency:
Vantage Realty Group, LLC
(734) 287-6619
Listed By:
Michael Weinraub
(248) 207-2987
Added: Jan 15
Changed: Jul 25
Last Checked: Aug 21 at 11:06PM
MLS# 26001921
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Investment Insights
Based on property information with market context.
Located at 323 Ferry Ave in Pontiac, MI, this triplex presents a value-add opportunity for investors. The property features three units, each with one bedroom and one bathroom. Previously, each unit was rented for $750 per month, projecting a 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. The lot size is 0.14 acres. Land Contract is available.
Key Highlights
- Triplex at 323 Ferry Ave, Pontiac, MI 48341, built in 1910
- Three 1‑bedroom, 1‑bath units (3 total) with a projected gross income of $2,250/month when fully performing
- All units previously rented at $750/month
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex in Pontiac, MI. Investor special with value-add potential.
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 at 323 Ferry Ave, Pontiac, MI 48341, built in 1910; Three 1‑bedroom, 1‑bath units (3 total) with a projected gross income of $2,250/month when fully performing; All units previously rented at $750/month
