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98 McLean St, Highland Park, MI, 48203

5beds
3baths
2,600sqft
$99,999
$38price/sqft
$1,280/moest. monthly cost
$51,200/yrincome needed

About This Home

Built in 1924, this historic brick home is full of timeless character and incredible potential. Located on one of Highland Park's most desirable blocks, just one block from Woodward Avenue and only minutes from everything Downtown Detroit has to offer! This is your opportunity to be part of the area's ongoing revitalization. With the potential for 6 bedrooms and 3 bathrooms, this home features 13-foot ceilings, a beautiful original wood staircase, an original fireplace, original doors, and solid hardwood flooring throughout much of the home. The expansive front porch and classic brick exterior provide outstanding curb appeal. The renovation has already begun, with most of the rough electrical completed, new joists and structural supports installed, and new tongue-and-groove subflooring in select areas. The home has been taken mostly down to the studs, offering a true blank canvas while preserving many of its original architectural details. A new boiler is included with the sale and will be delivered at closing. Additional features include a 2-car detached garage, alley access for convenient parking, and solid bones ready for restoration. Whether you're an investor looking for your next project or a homeowner wanting to restore a historic masterpiece, this property offers exceptional upside in one of Metro Detroit's fastest-growing neighborhoods. Buyer and Buyer's Agent to verify all information, measurements, and intended use. Photo may include digital enhancement

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

2/10
Barber Elementary SchoolGrades PK-80.2 mi

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 210
  • Dimensions: 15 X 14

Bedroom

  • Level: Second
  • Area: 210
  • Dimensions: 15 X 14

Bedroom

  • Level: Third
  • Area: 190
  • Dimensions: 19 X 10

Bedroom

  • Level: Second
  • Area: 165
  • Dimensions: 15 X 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Features

  • Finished area above ground: 2,600

Heating

  • Heating features: Natural Gas,Radiant

Interior Area

  • Total interior livable area: 2,600 sqft

Kitchen

  • Level: Entry
  • Area: 247
  • Dimensions: 13 X 19

Living Room

  • Level: Entry
  • Area: 336
  • Dimensions: 16 X 21

Other

  • Level: Second

Other

  • Level: Third

Other

  • Level: Entry

Primary Bedroom

  • Level: Second
  • Area: 252
  • Dimensions: 21 X 12

Property

Details

  • Parcel number: 43013070577000
  • Special condition: Short Sale No,Standard

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 40 x 131.84

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$370$4,440
Property Taxes $122$1,464
Electricity $283$3,403
Total$1,280$15,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,885/yr
40% on housing$38,400/yr
45% on housing$34,133/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$38This listing

vs Other Active Listings

Avg $/sqft

ZIP 48203$51
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48203$62
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$99,999
2026-05-04Sold$35,000
2026-03-05Listed for sale$59,000
2025-05-16Listing removed$84,950
2025-05-08Listed for sale$84,950
2025-03-05Pending sale$84,950
2024-08-21Listed for sale$84,950
2024-07-24Listing removed--
2024-06-22Price change$89,500
2024-02-08Price change$95,000
2023-11-17Listed for sale$99,500
2022-08-15Sold$89,500
2021-05-05Sold$38,000
2021-03-18Pending sale$44,900
2021-03-18Price change$44,900
2021-03-07Pending sale$49,900
2021-03-06Contingent$49,900
2021-03-04Price change$49,900
2021-02-18Listed for sale$54,900
2021-01-13Listing removed--
2020-12-23Pending sale$54,800
2020-12-23Listed for sale$54,800
2020-10-05Pending sale$54,800
2020-05-19Price change$54,800
2020-03-17Listed for sale$54,900
2007-10-25Sold$41,731

For Sale by Agent

AgentShane Parker
BrokerageS&P Realty

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