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50 Wayne Street, 
Pontiac, MI 48342

$1,790,000

—

Bed

40

Baths

26,880

Sq Ft

Multi-Family

Active

Listed by

Amer Bally

Icon Realty Experts, LLC.

248-985-9961

Last updated:

January 14, 2026, 10:56 AM

MLS#

20261000001

Source:

MI REALCOMP

About This Home

50 Wayne Street

*MOTIVATED SELLER* Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.

Home Facts

Multi-Family

40 Baths

Built in 1920

Price Summary

1,790,000

$66 per Sq. Ft.

MLS #:

20261000001

Last Updated:

January 14, 2026, 10:56 AM

Added:

12 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

40

Full Bathrooms:

40

Interior

Living Area:

26,880 Sq. Ft.

Structure

Structure

Architectural Style:

High Rise

Year Built:

1920

Finances & Disclosures

Finances

Price:

$1,790,000

Price per Sq. Ft:

$66 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.