For Sale
18612 MARX Street, Detroit, MI 48203
$80,000
MLS # 20261044162 (Realcomp)
2 beds1 bath1,818 sqftBuilt 19420.12 acres
1 / 11
Listing Description
Turnkey Investment Opportunity! This charming 2-bedroom, 1-bath single-family home is perfectly situated in Highland Park and currently rented to a reliable, good-paying tenant. It offers immediate cash flow and makes an excellent addition to any investor’s portfolio in the Detroit metro area.Highland Park is a historic enclave city surrounded by Detroit, known for its central location and ongoing revitalization. The neighborhood sits along Woodward Avenue (Michigan’s main street and National Scenic Byway) with quick access to major freeways: I-75 (Chrysler), M-10 (Lodge), and M-8 (Davison). This connectivity puts downtown Detroit, Midtown, and key suburbs just minutes away.The area has seen significant investment — over $300 million in new commercial, industrial, and residential development in recent years — including thriving retail at Highland Park Place and Model T Plaza. It's a community on the rise with strong potential for long-term appreciation, making it ideal for investors seeking both rental income and growth .Property is rented with a good paying tenant*** photos taken when the tenants moved in***
Source: SparkMLS
About this home
Located in Nolan in Detroit, this property offers 2-bedroom, 1-bath, 1,818 sq ft, with original construction dating to 1942.
Currently offered at $80,000 (about $44/sq ft).
Property tax estimate: $777 per year ($65/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,818 sqft
Lot Size0.12 acres
Year Built1942
Stories2
Location
CityDetroit
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/11/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$915
Tax Year2025
State Equalized Value$12,100
Assessed Value$12,100
Parcel #09017195-6
Source: Public Records
Legal Description
E MARX 1198 S 15 FT 1199 CADILLAC HEIGHTS SUB L33 P81 PLATS, W C R 9/163 45 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gaston Munoz
Munoz Realty Inc
Frequently Asked Questions about 18612 MARX Street, Detroit, MI 48203
Which school district serves 18612 MARX Street, Detroit, MI 48203?
Per MLS# 20261044162, 18612 MARX Street, Detroit, MI 48203 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261044162, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 18612 MARX Street, Detroit, MI 48203?
Per public tax records, annual property taxes for this property are $2,083. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 18612 MARX Street, Detroit, MI 48203 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 18612 MARX Street, Detroit, MI 48203 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 18612 MARX Street, Detroit, MI 48203?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$777
Monthly$65
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$584
Principal & interest$519
Property taxes$65
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
18612 MARX Street, Detroit, MI 48203
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Neighborhood
Nolan
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Community
Detroit
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County
Wayne County
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