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    135 Stevens St Highland Park, MI 48203

    For Sale
    $349,000

    12-unit multifamily portfolio in Highland Park with value-add potential.

    Lot size:
    0.12 Acres

    Property Features for 135 Stevens St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1922

    Source: Century 21 Curran & Oberski Agent Zachary Sleiman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highland Park Multifamily Investment Opportunity

    This portfolio presents an investment opportunity with three multifamily buildings, located at 123, 135, and 139 Stevens Street in Highland Park, comprising a total of 12 units. The properties offer potential for investors or developers. While the properties require renovations, they offer opportunities to renovate for increased rental income, convert to condos, or add value through strategic upgrades. The location is near shopping, dining, and transit. The properties may be suitable for investors seeking to maximize returns.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0993929
    Latitude
    42.4175905

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    FAQs

    What type of property is this?
    Apartment building - 12-unit multifamily portfolio in Highland Park with value-add potential.
    Where is this apartment building located?
    The property is located at 135 Stevens St Highland Park, MI.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Prime Investment Opportunity: 12 Units in High-Demand Highland Park Location.; - Significant Value-Add Potential: Opportunity to Renovate and Increase Rental Income.; - Three Multifamily Buildings: Portfolio of 12 Units (3 buildings with 4 units each).
    (313) 352-5094
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    135 Stevens St Highland Park, MI 48203
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