For sale

Price cut: $125K (3/5)

$700,000

98 S Edith St, Pontiac, MI 48342

6beds

6,300sqft

Est.:

Multi Family

Built in 1930

-- sqft lot

$679,700 Zestimate^®

$111/sqft

$-- HOA

What's special

Updated breaker boxesLaundry hook-ups on siteNew flooring

Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated including; new flooring, kitchens, bathrooms, and wall furnaces. The building has brand new PEX plumbing throughout, updated breaker boxes, and the roof was just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters. The one un-renovated unit has a long term section 8 tenant in place paying $975/month. Total Market Rent- $10,225 (One beds $975, Studios $875) Utilities not paid by tenants - $740-840/month Insurance - $525/month Taxes - $7,300/year This building just needs a new owner ready to place tenants and bring in all the cash flow. Reach out before it's gone!

48 days

936

46

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 11
Full bathrooms: 11

Heating

Natural Gas, Wall Furnace

Appliances

Laundry: Gas Dryer Hookup, Washer Hookup

Features

Basement: Partially Finished
Has fireplace: No

Interior area

Total interior livable area: 6,300 sqft
Finished area above ground: 5,000
Finished area below ground: 1,300

Property

Parking

Total spaces: 13
Parking features: Parking Lot

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 0.34 Acres
Dimensions: 125 x 120

Details

Parcel number: 1428481022
Zoning description: MultiFamily
Special conditions: Agent Owned,Short Sale No

Construction

Type & style

Home type: MultiFamily
Architectural style: Upper Lower Apartment
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1930
Major remodel year: 2026

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Other

Community & HOA

Community

Subdivision: CITIZENS DEV CO ADD

Location

Region: Pontiac

Financial & listing details

Price per square foot: $111/sqft
Tax assessed value: $128,340
Annual tax amount: $7,307
Date on market: 2/15/2026
Cumulative days on market: 48 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Trade 1031 Exchange

Estimated market value

$679,700

$646,000 - $714,000

$1,543/mo

Price history

Date	Event	Price
3/5/2026	Price change	$700,000-15.2%$111/sqft
Source: Realcomp II #20261009434 Report a problem
2/16/2026	Listed for sale	$825,000+123%$131/sqft
Source: Realcomp II #20261009434 Report a problem
10/4/2024	Listing removed	$370,000$59/sqft
Source: Realcomp II #20240053132 Report a problem
10/4/2024	Pending sale	$370,000$59/sqft
Source: Realcomp II #20240053132 Report a problem
8/23/2024	Price change	$370,000-7.5%$59/sqft
Source: Realcomp II #20240053132 Report a problem
7/25/2024	Listed for sale	$399,900$63/sqft
Source: Realcomp II #20240053132 Report a problem