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Highland Park, MI Apartment Buildings for Sale

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Detroit, MI Hamtramck, MI Ferndale, MI Hazel Park, MI Warren, MI Wayne, MI
Renovated Apartment Buildings
Updated: Mar 30
Renovated Apartment Buildings

13017 & 3029 W Buena Vista St, Highland Park, MI 48203

$1,700,000
15,093 sqft
40‑unit apartment complex across two three‑story buildings
Unit mix includes 2 studios, 21 one‑bedroom units, and 17 two‑bedroom units
20 units renovated in 2020
TPO roof installed in 2021
Recently installed windows
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29-Unit Brick Apartment Building
Updated: Oct 14, 2024
29-Unit Brick Apartment Building

653 Whitmore Rd, Highland Park, MI 48203

$1,500,000
24,280 sqft
29‑unit apartment building totaling 24,280 square feet
Brick construction completed in 1936
Dedicated parking lot
Full basement with storage space
New furnace installed in each unit in 2023
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33-Unit Multifamily Building
33-Unit Multifamily Building

250 Merton Rd, Highland Park, MI 48203

Contact for pricing
26,168 sqft

Unoccupied 33-unit apartment building available for sale.

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See hot listings in Highland Park

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Highland Park Multifamily Investment Opportunity
Highland Park Multifamily Investment Opportunity

280 RICHTON Street, Highland Park, MI 48203

$399,900
21,696 sqft 0.22 AC lot

Four-story building with 34 residential and 4 commercial units.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Highland Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with Renovation Underway
Apartment Building with Renovation Underway

3017 W Buena Vista St, Detroit, MI 48238

$799,000
29,726 sqft 0.37 AC lot

Renovation work has begun in part of this vacant multifamily property, with the balance still requiring work.

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Multifamily Investment Opportunity in Detroit
Multifamily Investment Opportunity in Detroit

13325 La Salle Blvd, Detroit, MI 48238

Contact for pricing
9,048 sqft 0.21 AC lot

15-unit apartment building in a growing residential district.

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All-Brick 25-Unit Rental Portfolio
All-Brick 25-Unit Rental Portfolio

2011 Ewald Cir, Detroit, MI 48238

$2,179,000
1,342 sqft

Fully occupied 25-unit multifamily portfolio on Ewald Circle with completed Certificates of Compliance.

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Unoccupied 47-Unit Apartment Building
Unoccupied 47-Unit Apartment Building

17111 Second Ave, Detroit, MI 48203

Contact for pricing
33,182 sqft

Unoccupied 47-unit apartment building offered for sale as a residential income property.

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Off-Market Properties in Highland Park, MI

Consider similar Off-Market properties in Highland Park, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1001 Covington Dr, Unit 5
GARDEN APT, COURT APT (5+ UNITS)

1001 Covington Dr, Highland Park, MI 48203-4011

Unit 5
Estimated value:
$155,000
2,628 sqft
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1001 Covington Dr, Unit 10
GARDEN APT, COURT APT (5+ UNITS)

1001 Covington Dr, Highland Park, MI 48203-4012

Unit 10
Estimated value:
$430,000
2,639 sqft
View details
1001 Covington Dr, Unit 8
GARDEN APT, COURT APT (5+ UNITS)

1001 Covington Dr, Highland Park, MI 48203-4011

Unit 8
Estimated value:
$430,000
2,628 sqft
View details
1001 Covington Dr, Unit 7
GARDEN APT, COURT APT (5+ UNITS)

1001 Covington Dr, Highland Park, MI 48203-4011

Unit 7
Estimated value:
$205,000
2,628 sqft
View details
1001 Covington Dr, Unit 14
GARDEN APT, COURT APT (5+ UNITS)

1001 Covington Dr, Highland Park, MI 48203-4012

Unit 14
Estimated value:
$200,000
2,608 sqft 1.00 AC lot
View details
17435 Manderson Rd
Multifamily properties

17435 Manderson Rd, Highland Park, MI 48203

Estimated value: by Request
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118 Arizona St
Multifamily properties

118 Arizona St, Highland Park, MI 48203

Estimated value: by Request
2,868 sqft 0.14 AC lot
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2338 Woodstock Dr
GARDEN APT, COURT APT (5+ UNITS)

2338 Woodstock Dr, Highland Park, MI 48203-1054

Estimated value:
$455,000
3,955 sqft 0.28 AC lot
View details

Highland Park, MI Apartment Buildings Market Trends and Statistics

Explore 12 apartment buildings for sale in Highland Park, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 87,237 square feet of properties for sale, with an estimated market value of $3,599,900.

Sale prices for apartment complexes in Highland Park, MI start at $399,900, averaging $1,199,966, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 20K
Population Growth (5Y) -10.8%
Median Household Income $35,108
College Educated 27.0%

High-Yield Neighborhoods for Investment

Identify Highland Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48203 $1.2M

Taxes & Financing

Tax Rate (average for all types) 5.94%
Property Tax per SF $47.81 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Wayne County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Highland Park fall within the 2,500 to 5,000 square foot range.

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