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Sold for $550,000
  • $550,000

    109 Cadillac St, Pontiac, MI 48342

    4beds
    4,256sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $549,700 Zestimate®
    $129/sqft
    $1,406 Estimated rent

    Home value

    $549,700

    $522,000 - $577,000

    $1,406/mo

    Zestimate® history
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    What's special

    109 Cadillac St in Pontiac, MI presents a rare opportunity to acquire a truly one-of-a-kind multifamily investment property featuring six spacious 2-bedroom, 1-bath units, each offering approximately 825 square feet of living space. Every unit has its own private entrance and dedicated basement, creating a townhome-style feel that is highly desirable to tenants. What sets this property apart is that all six units are completely separately metered for gas, water, and electric, significantly reducing owner utility expenses and simplifying management. In addition, each unit has its own furnace, central air conditioning system, and hot water heater, giving tenants full control over their utilities and comfort. The property has seen extensive interior updates, including fresh paint, new flooring, and light bathroom upgrades throughout the units. Each basement also includes laundry hookups, adding convenience and additional tenant appeal. The roof is newer, helping minimize near-term capital expenses. Currently, five of the six units are occupied, with one unit intentionally left vacant to allow for easy walkthroughs and future leasing flexibility. At full occupancy, the property offers projected gross annual income of $90,000 a year, making this an exceptional turnkey investment opportunity with strong cash flow potential in the growing Pontiac market. PROPERTY FULLY APPROVED WITH THE PONTIAC HOUSING COMISH FOR THEIR VOUCHER PROGRAM.

    Zillow last checked:

    Listing updated:

    Listed by:

    Parker McInnis 248-672-7698,

    Oak and Stone Real Estate

    Bought with:

    Andrea Stephan, 6502432679

    The Stephan Group

    Source: Realcomp II,MLS#: 20261032530MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 6
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,256 sqft
    • Finished area above ground: 4,256

    Property

    Parking
    • Parking features: Assigned, Parking Lot
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 0.46 Acres
    • Dimensions: 180 x 120
    Details
    • Parcel number: 1420377012
    • Zoning description: Commercial, MultiFamily
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1929
    • Major remodel year: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: FAIRVIEW -AVON TOWNSHIP
    Location
    • Region: Pontiac

    Financial & listing details

    • Price per square foot: $129/sqft
    • Tax assessed value: $139,600
    • Annual tax amount: $7,870
    • Date on market: 5/7/2026
    • Cumulative days on market: 54 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Trade 1031 Exchange,Warranty Deed
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    8/31/2026Pending sale$599,999+9.1%$141/sqft
    Source: Realcomp II #20261032530 Report a problem
    8/28/2026Sold$550,000-8.3%$129/sqft
    Source: Realcomp II #20261032530 Report a problem
    5/7/2026Listed for sale$599,999+12144.9%$141/sqft
    Source: Realcomp II #20261032530 Report a problem
    2/17/2011Listing removed$4,900$1/sqft
    Source: REDDING ASSOCIATES, INC #210121714 Report a problem
    11/24/2010Price change$4,900-51%$1/sqft
    Source: REDDING ASSOCIATES, INC #210121714 Report a problem
    10/25/2010Listed for sale$10,000$2/sqft
    Source: REDDING ASSOCIATES, INC #210121714 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 48342

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $549,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $549,700