#20240089385, Joseph Tinpan, Listing office: New Michigan Realty, LLC
Property details
About 50 Waldo St
Investor's Dream! This 6-unit multifamily property at 50 Waldo St, Pontiac, MI 48341 is a prime opportunity. Three units are already occupied, generating $2,725/month, while the vacant units previously rented for $1,050 each, bringing the potential monthly income to $5,875. Each 1-bed, 1-bath unit features a spacious living room and kitchen. The mechanical room is updated, and there's a washer/dryer setup in the basement for tenant convenience. Don't miss this high-income potential investment in a growing rental market!
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.17 Acres
Year built1931
MLS #81025011033
Summary
- Basement: Yes
- Heating: Baseboard, Natural Gas
- List Price: $425,000
- Annual Tax Amount: $3,407
- Tax Year: 2024
- Directions: N of Huron, E of Telegraph
- Year Built: 1931
- Lot Size: 0.17 Acres
- MLS Number: 81025011033
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Vantage Realty Group, LLC
- Office Phone: (734) 287-6619
- Listing Agent: Michael Weinraub
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 7/23/2025, 8:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 23, 2022 | Home Sold | $363,000 |
| Aug 21, 2019 | Home Sold | $45,000 |
| Nov 05, 2014 | Home Sold | $16,000 |
| Aug 01, 2003 | Home Sold | $151,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $58,260 | $3,407 |
| 2023 | $53,540 | $1,336 |
| 2022 | $51,270 | $1,336 |
History based on county public records data.
Nearby schools
3
Donelson Hills Elementary School
Public District KG-5
1.2 mi
•2690 Wewoka Rd
2
Whitman Elementary School
Public District KG-5
1.5 mi
•125 W Montcalm St
2
Alcott School
Public District KG-5
2.0 mi
•460 W Kennett Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,912. The majority of Pontiac, MI residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
61%
<35k
36%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
17%
Single, with Kids
11%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
47%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Figure Skating
Where do the neighbors shop?
Burlington
Family Dollar
Chico's
Where do the neighbors go to eat?
Popeyes
Burger King
Church's Chicken
What do the neighbors drive?
Dodge
Buick
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 50 Waldo St
The listing price of 50 Waldo St property is $425,000.
The property 50 Waldo St is a multi located in Pontiac, Michigan, 48341.
Active Listing: 50 Waldo St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 50 Waldo St are: Donelson Hills Elementary School (GreatSchools Rating 3/10), Whitman Elementary School (GreatSchools Rating 2/10), Alcott School (GreatSchools Rating 2/10), Momentum Academy (GreatSchools Rating 3/10), Oakside Scholars Charter Academy (GreatSchools Rating 3/10), Oakland County Academy of Media Technology (GreatSchools Rating 6/10), Pontiac Academy for Excellence (GreatSchools Rating 2/10), Virtual Learning Academy Consortium (GreatSchools Rating 5/10), Life Skills Center of Pontiac (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $3,407 (source: MLS/based on county public records data).
The last sale was on September 23, 2022 for $363,000 (source: MLS/tax record).
The year of construction for 50 Waldo St is 1931.
This home is located at 50 Waldo St in Pontiac, MI and zip code 48341. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $425,000.
In June 2025, from all listings sold in Pontiac, MI there were more than 13 sold above asking price, over 13 sold below and more than 12 were sold right at the asked price. In June 2025 in Pontiac, MI there were 15% more homes for sale than in May. In June 2025 median list price was $148,000 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.