For Sale
20486 Marx Street, Highland Park, MI 48203
$65,000
MLS # 20261046538 (Realcomp)
3 beds1 bath945 sqftBuilt 19520.11 acres
1 / 9
Listing Description
Charming 3-Bedroom Brick Bungalow – Tenant Occupied & Ready for New Owner!Discover this well-built single-family home at 20486 Marx Street in Highland Park, MI. Built in 1952, this spacious brick bungalow offers approximately 1,312 sq ft of living space features 3 bedrooms, 1 full bath, a classic curb appeal typical of Thomson Woods subdivision homes.This home is solidly constructed with brick exterior and asphalt roof. It has been maintained as a rental property, providing immediate cash flow for the next investor or owner-occupant. Some updates may be desired depending on buyer vision (cosmetic refreshes, kitchen/bath updates, or basement finishing to maximize value). Perfect for hands-on buyers or those seeking turnkey rental income in a buyer-friendly market.Location: Nestled in Highland Park (an enclave within Detroit), this property offers urban convenience with walkable access to daily needs, proximity to major roads (easy access to downtown Detroit ~6 miles south), and the broader Downriver/Detroit metro area. Great for commuters, investors targeting Section 8 or long-term tenants, or anyone looking for affordable entry into Metro Detroit real estate. Nearby amenities include parks, schools, and revitalization efforts in the area. This is a fantastic opportunity for first-time investors, landlords expanding their portfolio, or buyers wanting sweat equity potential in a stable residential neighborhood. Don't miss out – schedule your showing today!
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 945 sq ft home built in 1952 sits in Nolan in Highland Park.
Asking $65,000 (about $69/sq ft).
Property tax estimate: $1,348 per year ($112/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
Bedrooms3
Bathrooms1
Living Area945 sqft
Lot Size0.11 acres
Year Built1952
Stories2
Location
CityHighland Park
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed6/18/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$806
Tax Year2025
State Equalized Value$21,000
Assessed Value$21,000
Parcel #09017346.
Source: Public Records
Legal Description
E MARX 185 THOMSON WOODS SUB L36 P45 PLATS, W C R 9/175 41 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 20486 Marx Street, Highland Park, MI 48203
Which school district serves 20486 Marx Street, Highland Park, MI 48203?
Per MLS# 20261046538, 20486 Marx Street, Highland Park, 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261046538, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 20486 Marx Street, Highland Park, MI 48203?
Per public tax records, annual property taxes for this property are $1,420. 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, 20486 Marx Street, Highland Park, 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 20486 Marx Street, Highland Park, 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 20486 Marx Street, Highland Park, MI 48203?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$1,348
Monthly$112
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$534
Principal & interest$422
Property taxes$112
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
20486 Marx 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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