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    Highland Park, MI
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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
    6 properties
    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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    36-Unit Apartment Building
    36-Unit Apartment Building

    361 Merton Rd, Highland Park, MI 48203

    Contact for pricing
    33,407 sqft

    Unoccupied 36-unit apartment building offered for sale.

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    See what stands out in Wayne County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    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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    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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    19-Unit Apartment Building
    19-Unit Apartment Building

    44 Highland St, Highland Park, MI 48203

    Contact for pricing

    Two-story multifamily property with a new roof and ongoing exterior work required at the second-floor deck and walkway.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 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.

    Fully Renovated Apartment Building
    Fully Renovated Apartment Building

    13233 La Salle Boulevard, Detroit, MI 48238

    $999,999
    9,000 sqft 0.20 AC lot

    Renovated 18-unit multifamily building with one- and two-bedroom apartments, forced-air heat, and public water.

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    13-Unit Brick Apartment Building
    13-Unit Brick Apartment Building

    1705 Oakman Boulevard, Detroit, MI 48238

    $799,900
    8,748 sqft

    Updated windows, a maintained boiler system, and remodeled residences support this multifamily property's operating profile.

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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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    Fully Renovated 18-Unit Apartment Building
    Fully Renovated 18-Unit Apartment Building

    13233 La Salle Blvd, Detroit, MI 48238

    $999,999

    Updated 18-unit brick building offering 1- and 2-bedroom apartments near Wayne State, DMC, and Midtown.

    View details

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

    1001 Covington Dr, Highland Park, MI 48203-4012

    Unit 10
    $430,000
    Estimated value
    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
    $430,000
    Estimated value
    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
    $205,000
    Estimated value
    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
    $200,000
    Estimated value
    2,608 sqft 1.00 AC lot
    View details
    17435 Manderson Rd
    Multifamily properties

    17435 Manderson Rd, Highland Park, MI 48203

    Value Estimation by Request
    View details
    118 Arizona St
    Multifamily properties

    118 Arizona St, Highland Park, MI 48203

    Value Estimation by Request
    2,868 sqft 0.14 AC lot
    View details
    2338 Woodstock Dr
    GARDEN APT, COURT APT (5+ UNITS)

    2338 Woodstock Dr, Highland Park, MI 48203-1054

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

    Highland Park, MI Apartment Buildings Market Trends and Statistics

    Explore 14 apartment buildings for sale in Highland Park, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 120,644 square feet of properties for sale, with an estimated market value of $3,599,900.

    Sale prices for two-family homes 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 pricing trends across core commercial property types in Wayne County

    Office

    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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