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101 Colorado St, Highland Park, MI, 48203

4beds
2baths
1,784sqft
$170,000
$95price/sqft
$1,891/moest. monthly cost
$75,640/yrincome needed

About This Home

Located on historic Colorado Street in Highland Park’s architecturally significant Stevens Subdivision, where early 20th-century homes showcase timeless character, generous proportions, and the kind of craftsmanship that’s hard to replicate in a neighborhood full of character. With 1,784 square feet, 4 bedrooms, plus a fully finished third level for added flexible space, this is the kind of home a buyer can truly grow into for years to come. Whether you need space for a growing household, a dedicated home office, guest space, playroom, or creative retreat, this home offers the flexibility to evolve with your lifestyle. From the moment you step inside, the welcoming foyer, original wood trim, and fireplace reflect the craftsmanship of a bygone era, while thoughtful modern updates bring the peace of mind today’s buyers want. Major improvements including a new roof, new windows, updated electrical, new plumbing, new furnace, new hot water heater, and newly updated kitchen and bathrooms mean the expensive work is already done. The basement offers an additional half bath and adds even more functional space for storage, hobbies, a workout area, or future finishing potential. Outside, the large backyard offers room to entertain, garden, play, or simply enjoy having outdoor space that’s increasingly hard to find, while the spacious front porch is perfect for morning coffee or relaxing evenings. Located just one block from Woodward Avenue, this home offers convenient access to Downtown Detroit, the New Center area, major freeways, dining, and everyday conveniences, making commuting and city access easy while still enjoying the charm of a historic residential neighborhood. If you’re a first-time buyer searching for a home with real character, meaningful space, and major updates already complete, 101 Colorado Street is the kind of place you can move into now and grow into for decades.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick,Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 108
  • Dimensions: 12 X 9

Bedroom

  • Level: Second
  • Area: 117
  • Dimensions: 9 X 13

Bedroom

  • Level: Second
  • Area: 96
  • Dimensions: 8 X 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 168
  • Dimensions: 14 X 12

Features

  • Finished area above ground: 1,784

Flex Room

  • Level: Third
  • Area: 400
  • Dimensions: 16 X 25

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,784 sqft

Kitchen

  • Level: Entry
  • Area: 117
  • Dimensions: 9 X 13

Living Room

  • Level: Entry
  • Area: 350
  • Dimensions: 14 X 25

Other

  • Level: Second
  • Area: 48
  • Dimensions: 6 X 8

Other

  • Level: Basement
  • Area: 25
  • Dimensions: 5 X 5

Primary Bedroom

  • Level: Second
  • Area: 144
  • Dimensions: 12 X 12

Property

Details

  • Parcel number: 43013070501000
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 40 x 150

Parking

  • Parking features: Alley Access,No Garage

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
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 $859$10,308
Home Insurance *$630$7,560
Property Taxes $208$2,496
Electricity $194$2,335
Total$1,891$22,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,834/yr
40% on housing$56,730/yr
45% on housing$50,426/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

$95This listing

vs Other Active Listings

Avg $/sqft

ZIP 48203$50
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
2026-07-20Price change$170,000
2026-05-16Listed for sale$199,000
2026-04-20Listing removed$189,000
2026-04-12Price change$189,000
2026-04-05Listing removed$1,780
2026-03-24Price change$1,780
2026-02-26Price change$199,000
2026-02-19Listed for rent$2,188
2026-01-12Price change$240,900
2025-12-19Listing removed$2,188
2025-11-19Listed for rent$2,188
2025-11-09Listed for sale$245,900
2025-10-16Listing removed$250,000
2025-09-24Listed for sale$250,000
2025-09-15Listing removed$2,188
2025-08-14Price change$2,188
2025-07-10Listing removed$200,000
2025-06-23Price change$200,000
2025-04-04Price change$229,500
2025-03-30Price change$229,550
2025-03-08Price change$229,750
2025-03-05Listed for rent$1,600
2025-02-21Price change$230,000
2025-02-02Price change$249,999
2025-01-09Listed for sale$250,000
2024-04-05Sold$60,000
2007-05-15Sold$9,900
2005-09-29Sold$38,009

For Sale by Agent

AgentGentraia Brown
BrokerageREMAX City Centre

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