MLS # 20261006984 (Realcomp)

Solid 3-bedroom, 1-bath Bungalow located near high-demand areas. Tenant-occupied with top-of-market Section 8 rent and recent cosmetic improvements already completed. Ideal for an investor looking for a cash flowing rental opportunity. CoCROI over 16% year one with rental rate of $1,500/month. Sold with tenants in place and tenants are planning to stay. ***No Showings until a full accepted offer because it is tenant occupied.Photos and video available from agent upon request.
Source: SparkMLS
Located in Nolan in Highland Park, this property offers 3-bedroom, 1-bath, 929 sq ft, with original construction dating to 1945.
Closed at $100,000 (about $108/sq ft).
Property tax estimate: $1,187 per year ($99/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
E RIOPELLE 431 THOMSON WOODS SUB L36 P45 PLATS, W C R 9/175 40 X 120
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Hammel
Keller Williams Somerset
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
2 Gbps
Upload
250 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
20158 Riopelle Street, Highland Park, 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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