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Sold for $295,000
  • $295,000

    32 Augusta Ave, Pontiac, MI 48341

    9beds
    4,626sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $299,500 Zestimate®
    $64/sqft
    $1,315 Estimated rent

    Home value

    $299,500

    $285,000 - $314,000

    $1,315/mo

    Zestimate® history
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    $1,904/mo

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    What's special

    Fully Occupied 5-Unit Investment Property for Sale in Pontiac, MI Excellent investment opportunity in Pontiac! This reasonably maintained 5-unit multifamily building is fully occupied, providing immediate rental income. Each unit features 2 bedrooms and 1 bathroom (Except the attic unit, which has 1 bed/1 bath), offering comfortable layouts that appeal to long-term tenants. The property sits on a quiet block and includes a rear parking slab for tenant convenience. Major components—including the vinyl windows, roof, furnaces, and water heaters—are in great condition. Unit interiors vary in updates but are all well-kept. Seller financing is available with 25% down, and terms are negotiable, creating a flexible opportunity for investors. With solid occupancy and room for future value growth, this property is a strong addition to any portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Theodius Cross 313-680-5226,

    M1 Brokerage, LLC

    Bought with:

    Kevin Azou, 6501432839

    ICON Realty Experts, LLC

    Source: Realcomp II,MLS#: 20261013547MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Common,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,626 sqft
    • Finished area above ground: 4,626

    Property

    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 8,712 sqft
    • Dimensions: 50 x 175 x 175
    Details
    • Parcel number: 1429328028
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Common Entry Building,Upper Lower Apartment
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Other

    Community & neighborhood

    Location
    • Region: Pontiac
    • Subdivision: SANDERSON & JOHNSTONS ADD

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Owner May Carry

    Price history

    DateEventPrice
    4/24/2026Sold$295,000-15.5%$64/sqft
    Source: Realcomp II #20261013547 Report a problem
    4/9/2026Pending sale$349,000$75/sqft
    Source: Realcomp II #20261013547 Report a problem
    3/13/2026Listed for sale$349,000$75/sqft
    Source: Realcomp II #20261013547 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,701 +6.5%$89,510 +18.4%
    2023$2,536 +0.4%$75,630 +22.8%
    2022$2,526 -0.5%$61,610 +12.1%
    2021$2,537 $54,980 +11.2%
    2020-- $49,440 +7.5%
    2019$11,205 +409.3%$46,010 -4.6%
    2018$2,200 $48,230 -0.9%
    2017-- $48,690 +10.7%
    2016-- $43,970 +7.4%
    2015-- $40,940 +4.3%
    2014-- $39,270 -0.8%
    2001$2,652 -0.8%$39,590 +5%
    2000$2,673 $37,700

    Find assessor info on the county website

    Neighborhood: 48341

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $299,500
    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
    $299,500