Date
Details
Price
Change
Source
10/14/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$425,000
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1/25
Property Description
Investor's Dream! Turnkey 6-Unit Property in Pontiac - 5 One-Bedrooms + 1 Studio Property is rental certified. Welcome to 50 Waldo St, Pontiac, MI 48341 - a fully remodeled 6-unit multifamily property offering excellent cash flow and minimal maintenance. Unit 4 is currently rented for $1,050/month, and the other five units (including one studio) previously leased for similar rates, providing potential gross income of $5,875/month. This well-maintained building includes five 1-bed/1-bath units plus one studio, each featuring spacious living areas, modern kitchens, and updated finishes. Recent improvements include an upgraded mechanical room and a shared washer/dryer setup in the basement for tenant convenience. Located near downtown Pontiac, major employers, and public transit, this property is ideal for investors seeking steady rental income and long-term appreciation potential. Don't miss this high-income, low-maintenance opportunity in a thriving rental market!
Full Property Details
Full Property Details for 50 Waldo St
General
- Price: $425,000
- Taxes: $6,135
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25052921
- Updated: 10/14/2025
- Added to Site: 94 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area, Gas Dryer Hookup, In Basement, Laundry Room
Parking
- Total Spaces: 6
Location
- Area: Oakland County - 70
- County: Oakland
- Cross Streets: Huron, E of Telegraph
- Driving Directions: N of Huron, E of Telegraph
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Roof: Tile
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,492
- Lot Dimensions: 50 x 150
- Lot Features: Sidewalk
Financial Considerations
- Tax Amount: $6,135
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Water, Gas
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: T3N, R10E, SEC 30 RECREATION PARK ADD LOT 100
- Property ID: 14-30-452-005
Listed by Vantage Realty Group, LLC, Michael Weinraub
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Listing agent
— 50 Waldo St —
Michael Weinraub
Vantage Realty Group, LLC
NMLS#: 1598647
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Schools
Schools serving 50 Waldo St
School District:Pontiac City School District
| Name | Grades | Distance |
|---|---|---|
Whitman Elementary School 125 West Montcalm Street, Pontiac, MI 48342 | K-6 | 1.5 mi |
Pontiac Middle School 1275 Perry Street, Pontiac, MI 48340 | 7-9 | 3.2 mi |
Pontiac High School, Pontiac, MI 1051 Arlene Avenue, Pontiac, MI 48340 | 10-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 Waldo St
Tax History
Tax History for 50 Waldo St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,135
80%
$59,700
2%
2023
$3,407
155%
$58,260
9%
2021
$1,337
—
$53,540
4%
2021
$1,337
—
$51,270
105%
2021
$1,337
-43%
$25,020
6%
2020
$2,341
34%
$23,630
-29%
2019
$1,748
-10%
$33,450
4%
2018
$1,949
19%
$32,290
4%
2017
$1,634
-54%
$31,000
-33%
2016
$3,570
41%
$46,290
-4%
2015
$2,530
-5%
$48,050
2%
2014
$2,670
-4%
$47,110
-5%
2013
$2,784
—
$49,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 Waldo St
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- Commercial Lease
- Active
- Updated 5 hours ago
- 41,003Sq. Ft.
- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 1Total Bath
- 1,000Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 990Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,446Sq. Ft.
- Single Family
- Active
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- Condo
- Active
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- 3Total Baths
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 3,646Sq. Ft.
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50 Waldo Street, Pontiac, MI 48341 (MLS# 25052921) is a Single Family property with 0 bedrooms and 0 full bathrooms. 50 Waldo Street is currently listed for $425,000 and was received on October 14, 2025. Want to learn more about 50 Waldo Street? Do you have questions about finding other Single Family real estate for sale in Pontiac? You can browse all Pontiac real estate or contact a Coldwell Banker agent to request more information.