51 Spokane Drive, Pontiac, MI 48341

Pontiac
Local realty services provided by:ERA Prime Real Estate Group
51 Spokane Drive,Pontiac, MI 48341
$1,900,000
  • - Beds
  • 18 Baths
  • 12,746 sq. ft.
  • Multi-family
  • Active
Listed by: james t silver
Office: keller williams somerset
MLS#:20261018060
Source:MI_REALCOMP

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$149.07

About this home

Rare opportunity on this turn-key, profitable, cash-flowing property! Total of 18 two-bedroom units averaging approximately $1,130/month and roughly 800 sq. ft. each. 17 of the 18 units are currently occupied with tenants current on rent. Property features individual natural gas furnaces for each apartment along with separate utility setups, including individual water meters—ideal for efficient management and expense control. Each unit offers a private entrance and basement. Extensive updates throughout: 9 units have been fully renovated within the last 4 years, and 16 bathrooms have been completely updated. A new roof was installed across the entire complex in 2024 with a 20-year transferable warranty. Additional improvements include new concrete walkways in the courtyard, cultured stone on 9 porches, newly shingled porch overhangs, updated front exterior doors, glass block windows in every unit, newer gutters, trim, and exterior security lighting. The west side of the building...

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Home facts

  • Year built:1940
  • Subdivision & Development:ASSR'S PLAT NO 109 - CITY OF PONTIAC
  • Listing ID #:20261018060
  • Added:206 day(s) ago
  • Updated:October 27, 2026 at 10:07 AM

Rooms and interior

  • Total bathrooms:18
  • Full bathrooms:18
  • Basement Description:Unfinished
  • Living area:12,746 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1940
  • Building area:12,746 sq. ft.
  • Lot area:1.15 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$149.07
  • Tax amount:$16,813
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