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Two-Unit Residential Income Property
For Sale
$150,000

344 N Perry St, Pontiac, MI 48342

Well-maintained 2-family building with rear parking for four cars and separate gas and electric utilities.

Days on Market13

Property Features for 344 N Perry St

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Investment
Occupancy 50%

Additional Details

Multifamily Units 2

Building Details

Year Built 1910
Tenancy Multi
Listing Agency: D.A.D. Agency, Inc
Listed By: Donald Huddleston
Source: Elliman
Added: Jul 19 Changed: Jul 20 Last Checked: Jul 30 at 12:17PM

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 D.A.D. Agency, Inc

Investment Insights

Based on property information with market context.

Very well maintained two-family building offering separate utility services, with tenants paying their own gas and electric except for water. The upper unit is currently vacant and available for rent, while the lower unit is rented on a month-to-month basis. The property is registered with the city and described as up to standards.

Rear parking is available for four cars, and both driveways are part of the property.

This is a residential income property arranged as two separate units with dedicated utility metering for gas and electric and shared responsibility for water.

Key Highlights

  • Well‑maintained 2‑family building built in 1910
  • Upper unit is vacant and available for rent at $950/month; previously rented for $900/month
  • Lower unit rents for $950/month and is currently month‑to‑month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom Plumbing Service

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

2
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,136
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

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?
Duplex - Well-maintained 2-family building with rear parking for four cars and separate gas and electric utilities.
Where is this duplex located?
The property is located at 344 N Perry St Pontiac, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Well‑maintained 2‑family building built in 1910; Upper unit is vacant and available for rent at $950/month; previously rented for $900/month; Lower unit rents for $950/month and is currently month‑to‑month
More about this property
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