$110,000

323 Ferry Ave Pontiac, MI 48341

$1,306
Closing credit¹
0.1 acres
Multi-Family

Property details

About 323 Ferry Ave

Investor Special! This triplex at 323 Ferry Ave, Pontiac, MI 48341 offers three 1-bed, 1-bath units, each previously rented at $750/month, generating a projected cash flow of $2,250/month. A great opportunity for savvy investors looking to add value, as city upgrade requirements are attached. Property is being sold as-is, allowing you to bring your vision to life. Don't miss this chance to invest in Pontiac's growing rental market! Land Contract Available.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.14 Acres
Year built1910
MLS #81025011526

Summary

  • Basement: Yes
  • Heating: Forced Air, Natural Gas
  • List Price: $110,000
  • Annual Tax Amount: $1,983
  • Tax Year: 2024
  • Directions: South BLVD OR MLK to Ferry
  • Year Built: 1910
  • Lot Size: 0.14 Acres
  • MLS Number: 81025011526
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: Vantage Realty Group, LLC
  • Office Phone: (734) 287-6619
  • Listing Agent: Michael Weinraub

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of property featuring a lawn

$110,000

323 Ferry Ave

$1,306

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 08, 2022
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2024$28,240$1,983
2023$24,810$1,349
2022$20,920$875
2021$18,570$1,349
2020$16,360$2,721
2018$12,680$706
2017$12,100$2,141

History based on county public records data.

Nearby schools

3

R. Grant Graham Elementary School

Public District KG-5

1.8 mi

2450 Old Salem Rd

2

Herrington School

Public District KG-6

2.3 mi

541 Bay St

2

Auburn Elementary School

Public District KG-5

2.4 mi

2900 Waukegan St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,623. Residents of Pontiac, MI typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

65%
<35k
32%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
36%
Single, with Kids
10%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
14%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 323 Ferry Ave in Pontiac, MI and zip code 48341. Features: 0 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $110,000.

In April 2025, from all listings sold in Pontiac, MI there were more than 17 sold above asking price, over 21 sold below and more than 6 were sold right at the asked price. In April 2025 in Pontiac, MI there were 14.4% more homes for sale than in March. While the average time on the market in April 2025 was 22 days, the median list price was $141,696.

From Rocket Homes Real Estate and based on county public records data.

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