$4,382 Closing Credit¹
#20240089385, Joseph Tinpan, Listing Office: New Michigan Realty, LLC
$425,000 List price
50 Waldo St Pontiac, MI 48341
$5,047
Closing credit¹
0.2 acres
Multi-Family
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
- 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
Disclaimer: 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: 4/28/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$425,000
50 Waldo St
$5,047
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 most common annual income of people living in Pontiac, MI is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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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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 March 2025, from all listings sold in Pontiac, MI there were more than 9 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price. The number of listings in Pontiac, MI increased by 27.8% between February and March 2025. In March 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $140,000.
From Rocket Homes Real Estate and based on county public records data.