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Sold for $193,500
  • $193,500

    18 Fairgrove St, Pontiac, MI 48342

    12beds
    4,812sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $213,400 Zestimate®
    $40/sqft
    $1,286 Estimated rent

    Home value

    $213,400

    $203,000 - $224,000

    $1,286/mo

    Zestimate® history
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    $1,286/mo

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    What's special

    Welcome to your next cash-flowing investment in the Historic District of Pontiac. This four-unit multi-family property features 3-bedroom, 1-bathroom units and offers strong income potential. The exterior has finishing touches remaining, and the interiors are 70% completed, creating an excellent value-add opportunity for the next owner. The surrounding neighborhood features many newly renovated homes, contributing to a beautiful, family-friendly area with pride of ownership throughout. With the attractive price point and the potential rental income, this property is well-positioned to become a solid cash-flowing asset and a smart addition to any investment portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amer Bally 586-945-3424,

    ICON Realty Experts, LLC

    Bought with:

    Leah Ruggirello, 6501446353

    ICON Realty Experts, LLC

    Source: Realcomp II,MLS#: 20251059695MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Partially Finished,Walk Up Access
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,812 sqft
    • Finished area above ground: 3,345
    • Finished area below ground: 1,467

    Property

    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 8,276 sqft
    • Dimensions: 54 x 152
    Details
    • Parcel number: 1429276011
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Other

    Community & neighborhood

    Location
    • Region: Pontiac
    • Subdivision: OAKLAND CO AGRICULTURAL SOCIETYS ADD

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    2/5/2026Sold$193,500-11.6%$40/sqft
    Source: Realcomp II #20251059695 Report a problem
    1/21/2026Pending sale$219,000$46/sqft
    Source: Realcomp II #20251059695 Report a problem
    1/16/2026Price change$219,000-4.4%$46/sqft
    Source: Realcomp II #20251059695 Report a problem
    1/8/2026Price change$229,000-8%$48/sqft
    Source: Realcomp II #20251059695 Report a problem
    12/19/2025Pending sale$249,000$52/sqft
    Source: Realcomp II #20251059695 Report a problem
    12/15/2025Listed for sale$249,000+277.3%$52/sqft
    Source: Realcomp II #20251059695 Report a problem
    8/1/2022Sold$66,000+1.5%$14/sqft
    Source: Realcomp II #2210068577 Report a problem
    9/13/2021Pending sale$65,000$14/sqft
    Source: AAABOR #485312791 Report a problem
    9/6/2021Price change$65,000-13.3%$14/sqft
    Source: Realcomp II #2210068577 Report a problem
    8/18/2021Listed for sale$75,000-11.8%$16/sqft
    Source: Realcomp II #2210068577 Report a problem
    1/11/2018Sold$85,000+88.9%$18/sqft
    Source: Public Record Report a problem
    8/17/2015Listing removed$45,000$9/sqft
    Source: Max Broock, REALTORS-Birmingham #215047306 Report a problem
    6/17/2015Price change$45,000-18.2%$9/sqft
    Source: Max Broock, REALTORS-Birmingham #215047306 Report a problem
    5/17/2015Listed for sale$55,000+214.3%$11/sqft
    Source: Max Broock, REALTORS-Birmingham #215047306 Report a problem
    11/25/2010Listing removed$17,500$4/sqft
    Source: RebuildUS LLC Report a problem
    10/5/2010Listed for sale$17,500+704.6%$4/sqft
    Source: RebuildUS LLC Report a problem
    6/15/2010Sold$2,175-96.5%
    Source: Public Record Report a problem
    5/12/2009Sold$63,000+250%$13/sqft
    Source: Public Record Report a problem
    4/1/1999Sold$18,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,355 +96.2%$62,430 +19.5%
    2023$1,710 -48.3%$52,250 +25.1%
    2022$3,311 +98.2%$41,760 +14.5%
    2021$1,670 $36,460 +13.5%
    2020-- $32,120 +9.4%
    2019$1,453 -12.1%$29,360 +17.3%
    2018$1,653 $25,020 +0.9%
    2017-- $24,790 +12%
    2016-- $22,140 +9%
    2015-- $20,320 +5.8%
    2014-- $19,200 -24.8%
    2011-- $25,530 -28.6%
    2010$1,940 -9%$35,770 -15.3%
    2009$2,131 +3.8%$42,220 -54.1%
    2005$2,053 $91,970 +90.6%
    2003-- $48,250 +16.5%
    2002-- $41,410 -15.9%
    2001$2,746 -2.7%$49,210 +3.2%
    2000$2,822 $47,690

    Find assessor info on the county website

    Neighborhood: 48342

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $213,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $213,400