192 W Grand
Highland Park, MI 48203
Multi Family · MLS # 20261060808 · Listing courtesy of Dwellings Unlimited LLC
About this home
Great opportunity to for a fix-n-flip in a budding Highland Park neighborhood. 192 W Grand offers significant potential for an investor, contractor, landlord, or buyer looking for a value-add project. Home needs repairs and updating but already has a new roof & porch! Is being sold in its current as-is condition. The property provides several potential strategies, including renovation and resale, rehabilitation for long-term rentals, or occupying one property while improving or renting the other. The seller will not make repairs. Cash buyers, renovation financing, and experienced investors are encouraged. Proof of funds or financing approval may be required before showings. Buyer and buyer’s agent are responsible for verifying property condition, square footage, room counts, zoning, taxes, rental potential, and all other property information. Please contact the listing agent for additional details, showing instructions, and offer requirements.
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 $64,500, or $27 per square foot, 41% below the city median, and has been on the market 88 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 $1,084 a year. A buyer who lives here would pay about $825 to $2,059 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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