See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

121 Colorado St, Highland Park, MI, 48203

5beds
4baths
2,494sqft
$189,999
$76price/sqft
$2,168/moest. monthly cost
$86,720/yrincome needed

About This Home

Step into timeless charm with this historic Colonial nestled in the heart of Detroit! This spacious 5 bedroom, 3.5 bath home features is perfect for a growing household, home office, or creative space. You’ll love the original character throughout, including beautiful hardwood floors, classic architectural accents, and a cozy fireplace that anchors the inviting living room. The generous room sizes provide flexibility and comfort, while the traditional layout offers both functionality and flow. This home is ready for you to make your own, whether you’re a first-time homebuyer looking to build long-term value or an investor seeking equity in a prime Detroit location, this property presents an incredible opportunity to restore and personalize a true classic.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

2/10
Barber Elementary SchoolGrades PK-80.3 mi

Construction

Condition

  • Year built: 1913

Materials

  • Foundation: Basement,Brick Mortar,Michigan Basement
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Second
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Second
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Second
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Third
  • Area: 225
  • Dimensions: 15 X 15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

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

Features

  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 2,494

Heating

  • Heating features: Natural Gas,Radiant

Interior Area

  • Total interior livable area: 2,494 sqft

Kitchen

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

Living Room

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

Other

  • Level: Entry

Other

  • Level: Second

Other

  • Level: Basement

Other

  • Level: Entry

Property

Details

  • Parcel number: 43013070506000
  • 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: Covered,Porch

Lot

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

Parking

  • Parking features: 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
  • 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 $960$11,520
Home Insurance *$704$8,448
Property Taxes $232$2,784
Electricity $272$3,264
Total$2,168$26,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,331/yr
40% on housing$65,040/yr
45% on housing$57,813/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

$76This 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
2026-02-24Listed for sale$189,999
2025-01-27Sold$93,000
2025-01-13Pending sale$93,000
2025-01-13Listed for sale$93,000
2024-08-28Listing removed--
2024-06-17Pending sale$165,000
2024-05-20Listed for sale$165,000
2024-05-17Listing removed--
2024-04-13Pending sale$160,000
2024-04-11Listed for sale$160,000
2024-02-21Pending sale$160,000
2024-01-25Listed for sale$160,000
2017-11-09Listing removed$41,626
2017-10-28Listed for sale--

For Sale by Agent

AgentDanielle S Dunham
BrokerageEXP Realty Main

Similar Homes