Two-Unit Residential Income
For Sale
$145,000
Pending
38 CADILLAC St, Pontiac, MI 48342
Two separate utilities and owner-paid water make this duplex-style income property straightforward to operate.
Days on Market61
Property Features for 38 CADILLAC St
General Information
Standard status
Pending
Property subtype
Investment
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
D.A.D. Agency, Inc
(248) 766-0181
Listed By:
Donald Huddleston
(248) 766-0181
Source:
Elliman
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 30 at 9:31AM
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.
This is a two-unit residential income building configured as a duplex. Each unit has separate gas and electric services, which can simplify tenant utility management. The owner pays for water, with expenses noted at approximately $100 per month.
The property’s stated walk and bike scores are 31 and 36, indicating a car-dependent area with somewhat limited walkability. This context can be relevant for tenants who rely on daily transportation rather than foot traffic.
For buyers evaluating a small multifamily asset, the unit-by-unit separation of gas and electric is a practical operating feature. With water billed to the owner, budgeting is more predictable than with fully tenant-paid utilities. This setup may appeal to an owner-operator or investor looking for a compact, two-unit building with clear utility responsibilities and a manageable operating footprint.
The property’s stated walk and bike scores are 31 and 36, indicating a car-dependent area with somewhat limited walkability. This context can be relevant for tenants who rely on daily transportation rather than foot traffic.
For buyers evaluating a small multifamily asset, the unit-by-unit separation of gas and electric is a practical operating feature. With water billed to the owner, budgeting is more predictable than with fully tenant-paid utilities. This setup may appeal to an owner-operator or investor looking for a compact, two-unit building with clear utility responsibilities and a manageable operating footprint.
Key Highlights
- 2‑unit building built in 1920
- Separate gas and electric service for the units
- Owner pays water; approx. $100/month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate utilities and owner-paid water make this duplex-style income property straightforward to operate.
Where is this duplex located?
The property is located at 38 CADILLAC St Pontiac, MI.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 2‑unit building built in 1920; Separate gas and electric service for the units; Owner pays water; approx. $100/month
