Investor Special - Value-Add Triplex Opportunity!
Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors.
The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details.
Don't miss the chance to unlock the potential of this income-producing property.
Pending
Price cut: $10K (4/14)
$100,000
323 Ferry Ave, Pontiac, MI 48341
3beds
3baths
--sqft
2 to 4 Units
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 174 days |
- 281 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Michael Weinraub 248-207-2987,
Vantage Realty Group, LLC 734-287-6619
Source: MichRIC,MLS#: 26001921
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Full
Property
Parking
- Total spaces: 6
Lot
- Size: 6,098 Square Feet
- Dimensions: 40.00 x 150.00
Details
- Parcel number: 1433451034
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Aluminum Siding
- Roof: Tile
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Pontiac
Financial & listing details
- Tax assessed value: $26,850
- Annual tax amount: $1,687
- Date on market: 1/15/2026
- Listing terms: Cash,Conventional,Contract
- Tenant pays: None
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,247/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $100,000 |
Source:  MichRIC #26001921 Report a problem | ||
| 4/14/2026 | Price change | $100,000-9.1% |
Source: MichRIC #26001921 Report a problem | ||
| 1/16/2026 | Listed for sale | $110,000 |
Source: MichRIC #26001921 Report a problem | ||
| 12/30/2025 | Listing removed | $110,000 |
Source:  Realcomp II #81025011526 Report a problem | ||
| 3/25/2025 | Listed for sale | $110,000-12% |
Source: MichRIC #25011526 Report a problem | ||
| 12/12/2024 | Listing removed | $125,000-13.8% |
Source: Realcomp II #81024015730 Report a problem | ||
| 8/30/2024 | Price change | $145,000-3.3% |
Source: MichRIC #24015730 Report a problem | ||
| 7/15/2024 | Price change | $150,000-3.2% |
Source: MichRIC #24015730 Report a problem | ||
| 4/4/2024 | Listed for sale | $155,000+29.2% |
Source: MichRIC #24015730 Report a problem | ||
| 8/1/2022 | Sold | $120,000 |
Source: Realcomp II #20221018997 Report a problem | ||
| 7/15/2022 | Pending sale | $120,000 |
Source: Realcomp II #20221018997 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,983 +126.6% | $28,240 +13.8% |
| 2023 | $875 -35.1% | $24,810 +18.6% |
| 2022 | $1,349 -27.6% | $20,920 +12.7% |
| 2021 | $1,864 | $18,570 +13.5% |
| 2020 | -- | $16,360 +16% |
| 2019 | $656 -69.4% | $14,100 +11.2% |
| 2018 | $2,141 | $12,680 +4.8% |
| 2017 | -- | $12,100 +2.6% |
| 2016 | -- | $11,790 +7.1% |
| 2015 | -- | $11,010 +2.1% |
| 2014 | -- | $10,780 -34.6% |
| 2011 | -- | $16,480 -21.9% |
| 2010 | $901 -25.2% | $21,090 -16.6% |
| 2009 | $1,204 +34.9% | $25,300 -39.1% |
| 2005 | $893 | $41,570 +51.3% |
| 2003 | -- | $27,470 +16.3% |
| 2002 | -- | $23,620 +102.1% |
| 2001 | $2,009 +78.9% | $11,690 +3.2% |
| 2000 | $1,123 | $11,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 2.7 mi
- 3/10Pontiac Middle SchoolGrades: 6-8Distance: 3 mi
- 3/10Pontiac High SchoolGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Oakland County
- Pontiac
- 48341
- 323 Ferry Ave
Nearby cities
Nearby zip codes
Other Pontiac Topics
