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Four-Unit Quadplex with Basement
For Sale
$35,000

247 Midland Street, Highland Park, MI 48203

Matching upper- and lower-level layouts support a straightforward residential configuration with basement space.

Property Size3,840 SF
Price / SF$9.11
Days on Market27

Property Features for 247 Midland Street

General Information

Standard status Active
Size 3,840 SF
Property subtype Multi Family Home
Zoning Residential

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,146

Building Details

Year Built 1925
Listing Agency: KW Professionals
Listed By: Jeff Glover · License #6501317808
Source: Erareardonrealty
Added: Aug 5 Changed: Aug 30 Last Checked: Aug 30 at 11:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Professionals

Investment Insights

Based on property information with market context.

Built in 1925, this residentially zoned quadplex contains four units arranged as two upper residences and two lower residences. Each unit follows the same floor plan, creating a consistent configuration throughout the property. The building totals 3,840 SQFT and includes a full basement.

The property is located near Woodward Ave and M-8, providing access to major roads and nearby amenities. Its four-unit layout and residential zoning define the asset’s current physical and land-use profile.

Key Highlights

  • Four‑unit quadplex with two upper and two lower residences
  • Identical floor plans across all four units
  • 3,840 SQFT of building area plus a full basement

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Matching upper- and lower-level layouts support a straightforward residential configuration with basement space.
Where is this quadplex located?
The property is located at 247 Midland Street Highland Park, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Four‑unit quadplex with two upper and two lower residences; Identical floor plans across all four units; 3,840 SQFT of building area plus a full basement
More about this property
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