Major price improvement. Value add 13 unit apartment building with gated private parking, a spacious lot, and a certificate of compliance. This building has been updated and most capital improvements have been completed. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Strategically situated for investment opportunity, with the flurry of investment in the City of Detroit. This building has some separate utility meters allowing room for low operating expenses. Rents are below market.
Property Details
Property Features
Property Information:
Year Built: 1923
Listing Office:
Office Name: MOXIE Real Estate + Development
Office Phone: (616) 890-7794
Listing Agent: Shawn Jacobs
Interior Features
Interior Information:
Basement: Yes
Interior: Storage
Exterior Features
Parking Information:
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas, Radiant
Other
Directions Information:
Directions: From Hampton, turn left onto W Mcnichols and turn left on Log Cabin.
Price Information
Listing Price Info
Price Summary:
List Price: $860,000
Tax Information:
Annual Amount: $4,917
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Highland Park, MI.
This property is $800K more than the Median Sold Price in Highland Park, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Regional Alliance of REALTORS
MLS Number: #65024031172
Listing Office:
Office Name: MOXIE Real Estate + Development
Office Phone: (616) 890-7794
Listing Agent: Shawn Jacobs
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
1
/10
George Washington Carver Elementary School
14510 2nd Ave
Distance between this listing and this school1.13 miles
Public Charter Grades PK-4
3
/10
Bagley Elementary School of Journalism and Technology
8100 Curtis St
Distance between this listing and this school1.68 miles
Public District Grades PK-6
2
/10
Pasteur Elementary School
19811 Stoepel St
Distance between this listing and this school1.87 miles
Public District Grades PK-6
Nearby Schools
1
/10
Paul Robeson Malcolm X Academy
2585 Grove St
Distance between this listing and this school0.34 miles
Public District Grades PK-8
1
/10
Thurgood Marshall-Elementary School
15531 Linwood St
Distance between this listing and this school0.80 miles
Public District Grades PK-8
1
/10
George Washington Carver Middle School
14510 2nd Ave
Distance between this listing and this school1.13 miles
Public Charter Grades 5-8
Nearby Schools
5
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school1.28 miles
Public Charter Grades PK-12
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school1.70 miles
Public District Grades 9-12
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school2.22 miles
The neighbors living near this home have an average income of $12,321. The most common annual income of people living in Highland Park, MI is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
This home is located at 16940 Log Cabin St in Highland Park, MI and zip code 48203 in the McNichols neighborhood. This home, which was built in 1923, sits on a 0.14 acre lot. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $860,000.
In November 2024 more than 1 listings in Highland Park, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The inventory of homes for sale in Highland Park, MI between October 2024 and November 2024 increased by 12%. In November 2024 median list price was $60,000 and the average listing age was 108 days.
From Rocket Homes Real Estate and based on county public records data.