16523 Log Cabin Street

About this home

Investor opportunity! Spacious 4-bedroom, 1.5-bath Colonial located near Martin Park and the University of Detroit Mercy. This home offers great potential for a renovation or value-add project and features a fireplace in the living room, a bonus sitting room off the kitchen and dining area, and a convenient first-floor half bath. With the right vision, this property could make an excellent addition to an investment portfolio. Property is being sold as-is. Buyer and buyer's agent to verify all information .

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 $49,000, or $32 per square foot, 30% below the city median, and has been on the market 90 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 $4,727 a year. A buyer who lives here would pay about $2,346 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit 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

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