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Six-Unit Apartment Building
For Sale
$349,000

63 Williams St, Pontiac, MI 48341

City-certified six-unit building with rear parking, five recently updated units, and a basement unit ready for renovation.

Property Size3,250 SF
Days on Market16

Property Features for 63 Williams St

General Information

Standard status Active
Size 3,250 SF
Property subtype Investment

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $2,078

Building Details

Building Size 3,250 SF
Year Built 1930
Buildings 1
Units 5
Listing Agency:
Listed By: Theodius Cross
Source: Elliman
Added: Jul 28 Changed: Aug 8 Last Checked: Aug 11 at 6:57AM

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 Theodius Cross

Investment Insights

Based on property information with market context.

City-certified six-unit apartment building in the Historic District. The property features six 2-bedroom, 1-bath units: five recently updated units and a sixth basement unit ready for renovation. With rear parking, the building is set up for tenant convenience while providing room to complete remaining improvements.

Built in 1930, the property is located at 63 Williams St, Pontiac, MI 48341. The current rental structure includes water, and small pets are permitted, which can support tenant appeal and retention.

Property management services are available for buyers. Financials are projected based on market rent adjustments, and the building has a history of low vacancy.

Key Highlights

  • Six 2‑bedroom, 1‑bath units in a city‑certified apartment building
  • Five recently updated units plus one basement unit ready for renovation
  • Rear parking on‑site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - City-certified six-unit building with rear parking, five recently updated units, and a basement unit ready for renovation.
Where is this apartment building located?
The property is located at 63 Williams St Pontiac, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Six 2‑bedroom, 1‑bath units in a city‑certified apartment building; Five recently updated units plus one basement unit ready for renovation; Rear parking on‑site
More about this property
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