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247 Midland St, Highland Park, MI, 48203

8beds
4baths
3,840sqft
$35,000
$9price/sqft
$765/moest. monthly cost
$30,600/yrincome needed

About This Home

Investor special with strong potential. Property features four units - two upper and two lower - with identical floor plans, totaling 3,840 SQFT plus a full basement. Conveniently located near Woodward Ave and M-8 for easy access to major roads and amenities. Schedule a showing today! BTVAI

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Basement,Poured
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Quadruplex
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area above ground: 3,840

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 3,840 sqft

Property

Details

  • Parcel number: 43003030545000
  • Zoning description: Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 46 x 122 x 122 x 45

Parking

  • Parking features: On Street

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 $176$2,112
Home Insurance *$129$1,548
Property Taxes $42$504
Electricity $418$5,026
Total$765$9,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,228/yr
40% on housing$22,950/yr
45% on housing$20,400/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

$9This 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
2026-05-07Price change$49,900
2026-04-25Price change$54,900
2026-04-01Price change$64,900
2026-02-24Price change$74,900
2025-09-05Price change$80,000
2025-06-30Price change$90,000
2025-05-12Price change$100,000
2025-01-03Listed for sale$120,000
2023-10-10Sold$45,300
2023-09-26Pending sale$48,000
2023-07-13Listed for sale$48,000
2023-06-23Listing removed$58,000
2023-06-22Listed for sale$58,000
2023-05-20Listing removed$74,000
2023-05-19Listed for sale$74,000
2023-05-08Listing removed$94,000
2022-11-16Listed for sale$94,000

For Sale by Agent

AgentJeff Glover
BrokerageKW Professionals

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