Fantastic investment opportunity with this solid brick triplex in Pontiac, conveniently located near Telegraph and Elizabeth Lake Rd. The property includes two spacious 2-bedroom units, one currently occupied by Section 8 tenant paying $1,207 per month and the other unit is vacant with the previous tenant paying $1,250 per month. The third unit is a vacant basement studio with egress, offering an estimated rental potential of $750 per month.
With all three units rented, the property has the potential to generate approximately $3,207 in monthly income, delivering an attractive projected cap rate of 11%. Additional features include a two-car garage for added tenant convenience.
Showings are only for top unit and studio unit in basement
For sale
Price cut: $19.1K (5/20)
$279,900
156 Mark Ave, Pontiac, MI 48341
4beds
2,654sqft
Multi Family
Built in 1931
-- sqft lot
$271,900 Zestimate®
$105/sqft
$-- HOA
What's special
- 69 days |
- 244 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Michael Cash 269-365-3320,
National Realty Centers, Inc 248-468-1444
Source: Realcomp II,MLS#: 20261029786
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Natural Gas
Appliances
- Laundry: Washer Hookup
Features
- Basement: Finished,Full
- Has fireplace: No
Interior area
- Total interior livable area: 2,654 sqft
- Finished area above ground: 1,854
- Finished area below ground: 800
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Balcony
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 40 x 150
Details
- Parcel number: 1430427002
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: BAGLEY & MANNS
Location
- Region: Pontiac
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $54,350
- Annual tax amount: $3,159
- Date on market: 4/30/2026
- Cumulative days on market: 70 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$271,900
$258,000 - $285,000
$1,349/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $279,900-6.4%$105/sqft |
Source:  Realcomp II #20261029786 Report a problem | ||
| 4/30/2026 | Listed for sale | $299,000+837.3%$113/sqft |
Source: Realcomp II #20261029786 Report a problem | ||
| 11/18/2025 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Price change | $1,200-4% |
Source: Zillow Rentals Report a problem | ||
| 9/2/2025 | Listed for rent | $1,250+4.2% |
Source: Zillow Rentals Report a problem | ||
| 4/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Listed for rent | $1,200+142.4% |
Source: Zillow Rentals Report a problem | ||
| 6/16/2017 | Listing removed | $495 |
Source: Real Deal Management LLC Report a problem | ||
| 5/15/2017 | Price change | $495-1% |
Source: Real Deal Management LLC Report a problem | ||
| 4/15/2017 | Listed for rent | $500 |
Source: Real Deal Management LLC Report a problem | ||
| 12/9/2013 | Sold | $31,900-8.6%$12/sqft |
Source: Agent Provided Report a problem | ||
| 9/13/2013 | Listed for sale | $34,900+16.7%$13/sqft |
Source: Homepath #213093532 Report a problem | ||
| 2/4/2012 | Listing removed | $29,900$11/sqft |
Source: Real Living #211025253 Report a problem | ||
| 8/12/2011 | Price change | $29,900-54.4%$11/sqft |
Source: Real Living #211025253 Report a problem | ||
| 3/13/2011 | Listed for sale | $65,600$25/sqft |
Source: Real Living #211025253 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,491 -15.3% | $52,720 +15.2% |
| 2023 | $1,761 -9.7% | $45,770 +22.2% |
| 2022 | $1,950 +36.8% | $37,470 +23.1% |
| 2021 | $1,425 | $30,450 +12.4% |
| 2020 | -- | $27,100 +9% |
| 2019 | $5,098 +309.7% | $24,860 -2% |
| 2018 | $1,244 | $25,370 +0.9% |
| 2017 | -- | $25,150 +8.9% |
| 2016 | -- | $23,100 +6.5% |
| 2015 | -- | $21,680 +3.6% |
| 2014 | -- | $20,920 -41% |
| 2011 | -- | $35,480 -23.9% |
| 2010 | $2,508 +0.7% | $46,600 -13.7% |
| 2009 | $2,490 +8.6% | $54,000 +45.8% |
| 2001 | $2,294 +2.8% | $37,030 +3.2% |
| 2000 | $2,231 | $35,890 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48341
Nearby schools
GreatSchools rating
- 3/10Whitman Elementary SchoolGrades: K-5Distance: 1.2 mi
- 3/10Pontiac Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Pontiac High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Oakland County
- Pontiac
- 48341
- 156 Mark Ave
Nearby cities
Nearby zip codes
Other Pontiac Topics
