135 STEVENS Street
Highland Park, MI 48203
Multi Family · MLS # 20261082494 · Listing courtesy of Century 21 Curran & Oberski
About this home
Prime Investment Opportunity – 12 Units in Highland Park! LANDCONTRACT AVAILABLE Rare chance to own three multifamily buildings—123, 135, and 139 Stevens—each with four units, for a total of 12 units. Located in the heart of Highland Park, this portfolio offers massive upside potential for investors or developers. While the properties need some work, the bones are solid, and the possibilities are endless—renovate for premium rental income, convert to condos, or add value through strategic upgrades. With strong rental demand in the area, this is the perfect opportunity to build equity and generate long-term cash flow. Twelve rental units – a rare find! High-demand location near shopping, dining, and transit Significant value-add potential – boost rents with updates Perfect for investors looking to maximize returns Don’t miss out on this investment gem! Whether you’re looking for steady rental income or a long-term equity play, this multifamily package is a winner. Schedule a showing today!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Highland Park
Over the last 90 days, 25 homes sold in Highland Park for a median of $60,000, about $46 per square foot, and the typical one went under contract in 27 days. This home is listed at $299,900, or $84 per square foot, 83% above the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Highland Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $3,270 a year. A buyer who lives here would pay about $2,656 to $9,575 a year once the taxable value resets after the sale, at the 2025 homestead rate of 63.22 mills for Highland Park City and Highland Park schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Highland Park
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