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Highland Park, MI Apartment Buildings for Sale

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Highland Park Multifamily Investment
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1.80 Acres

Highland Park Multifamily Investment

1981 Mcnichols Rd, Highland Park, MI 48203

Detroit Apartment Building, Value-Add Opportunity

  • Exceptional value‑add opportunity: 100% vacancy allows for immediate lease‑up and renovations of fire‑damaged units.
  • Prime Highland Park location: 0.6 miles from Henry Ford Hospital, 1.2 miles from Wayne State University, and a 15‑minute drive to Downtown Detroit.
  • Excellent access to higher education and major roadways: Near University of Detroit Mercy, Woodward Avenue, I‑75, and M‑10.
  • Cost‑effective repositioning potential: Renovation offers lower costs than new construction.
  • Desirable location with recreational amenities: Adjacent to Palmer Park and Detroit Golf Club, offering walking trails and recreational facilities.
Updated: Dec 11, 2024
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Palmer Park Apartment Portfolio
Contact for pricing

Palmer Park Apartment Portfolio

17435 Manderson Rd, Highland Park, MI 48203

63 Units, High Occupancy, Excellent ROI

  • 17435‑17529 Manderson Rd, Detroit, MI, Palmer Park neighborhood.
  • 39‑unit multifamily property with a mix of studio, one-, and two‑bedroom units ranging from 575 to 850+ sq ft.
  • Recently renovated (2022/2023), offered at $3,500,000.
  • Generating $489,600 gross income and $303,858 NOI, resulting in an 8.7% cap rate and a $89,744 per‑unit price.
  • Amenities include high‑speed internet, Wi‑Fi, A/C, smoke‑free environment, cable readiness, intercom system, and stainless steel appliances.
Updated: Dec 11, 2024
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Vacant Apartment Building For Sale
$225,000
39,340 SF

Vacant Apartment Building For Sale

Vacant apartment building available for sale in Highland Park.

70 Highland St, Highland Park, MI 48203
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 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

Explore Opportunities in Nearby Cities

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

Turnkey 13-Unit Apartment Building
$675,000

Turnkey 13-Unit Apartment Building

13-unit apartment building near Downtown, Ferndale, and 8 Mile/Woodward corridor.

16940 Log Cabin St, Detroit, MI 48203
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Woodward Ave Mixed-Use Gem
$400,000
0.07 Acres

Woodward Ave Mixed-Use Gem

Detroit Investment Opportunity: High-Traffic Location

17422 Woodward Ave, Detroit, MI 48203
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Downtown Royal Oak Luxury Loft
$369,000

Downtown Royal Oak Luxury Loft

Stunning 2-bedroom, 2-bath loft with city views and premium amenities.

350 N Main St, Royal Oak, MI 48067
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Royal Oak Co-op Opportunity
$68,000

Royal Oak Co-op Opportunity

Well-maintained 1-bedroom co-op in a desirable Royal Oak community.

2121 Clawson Ave, Royal Oak, MI 48073
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Explore 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.

17435 Manderson Rd

17435 Manderson Rd

Multifamily properties
Value Estimation by Request
17435 Manderson Rd, Highland Park, MI 48203
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118 Arizona St

118 Arizona St

Multifamily properties • 2,868 SF
Value Estimation by Request
118 Arizona St, Highland Park, MI 48203
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1001 Covington Dr, Unit 14

1001 Covington Dr, Unit 14

GARDEN APT, COURT APT (5+ UNITS) • 2,608 SF
Value Estimation by Request
1001 Covington Dr, Highland Park, MI 48203-4012
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1001 Covington Dr, Unit 10

1001 Covington Dr, Unit 10

GARDEN APT, COURT APT (5+ UNITS) • 2,639 SF
Value Estimation by Request
1001 Covington Dr, Highland Park, MI 48203-4012
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1001 Covington Dr, Unit 7

1001 Covington Dr, Unit 7

GARDEN APT, COURT APT (5+ UNITS) • 2,628 SF
Value Estimation by Request
1001 Covington Dr, Highland Park, MI 48203-4011
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1001 Covington Dr, Unit 8

1001 Covington Dr, Unit 8

GARDEN APT, COURT APT (5+ UNITS) • 2,628 SF
Value Estimation by Request
1001 Covington Dr, Highland Park, MI 48203-4011
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1001 Covington Dr, Unit 5

1001 Covington Dr, Unit 5

GARDEN APT, COURT APT (5+ UNITS) • 2,628 SF
Value Estimation
$125,000
1001 Covington Dr, Highland Park, MI 48203-4011
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2338 Woodstock Dr

2338 Woodstock Dr

GARDEN APT, COURT APT (5+ UNITS) • 3,955 SF
Value Estimation by Request
2338 Woodstock Dr, Highland Park, MI 48203-1054
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Highland Park, MI Apartment Buildings Investment Opportunities Market Analysis

Explore 11 apartment buildings for sale in Highland Park, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 55,757 square feet of properties for sale, with an estimated market value of $655,000.

Prices for two-family homes in Highland Park, MI start at $200,000, averaging $327,500, and reaching up to $455,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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