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131 Brighton St, Highland Park, MI, 48203

3beds
2baths
1,946sqft
$24,000
$12price/sqft
$450/moest. monthly cost
$18,000/yrincome needed

About This Home

Attention investors and first-time rental property buyers! This multi-unit property is your chance to bring a vision to life. Featuring 2 units with solid bones and endless potential, this building is a full rehab project. Ideal for seasoned renovators or buyers looking to break into the rental market with a hands-on investment. Bring your contractor and creativity—whether you're looking to flip, rent, or hold, this property offers the value-add opportunity you've been waiting for. Priced to sell and sold AS-IS. BATVAI

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

5/10
Joy Preparatory AcademyGrades PK-121.2 mi

Construction

Condition

  • Year built: 1921

Materials

  • Foundation: Basement

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,946
  • Total interior livable area: 1,946 sqft

Property

Details

  • Parcel number: Hamilton Park
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 2178

Parking

  • Parking features: Basement
  • Has garage: Yes

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

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $121$1,452
Home Insurance *$88$1,056
Property Taxes $29$348
Electricity $212$2,547
Total$450$5,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$15,428/yr
40% on housing$13,500/yr
45% on housing$12,000/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

$12This 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)

No zestimate history available

Price History

DateEventPrice
2026-05-20Listed for sale$24,000
2026-01-01Listing removed$24,000
2025-05-05Listed for sale$24,000

For Sale by Agent

AgentMadison LaFramboise
BrokerageElite Real Estate Professionals, Inc.

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