For Sale
345 W Nevada Street, Highland Park, MI 48203
$60,000
MLS # 20261015747 (Realcomp)
2 beds2 baths1,582 sqftBuilt 19250.13 acres
1 / 25
Listing Description
Attention home buyers and investors! Are you looking for a great 2 bedroom property in a clean and centrally located area of Detroit? Well, here is your chance. This property has been recently refreshed and is in good shape...This would be a perfect rental property or starter home! Rents in this area average $1100+ these days. Please do not show house or arrive outside of your scheduled appointment times as this property is being watched.. Don't miss your chance to pick up a solid property in a very challenging market! ***Update seller is willing to offer a lease option Purchase Price: $65,000 Option Fee: $10,000 Monthly Rent: $1,250 Rent Credit: $150/month (only if paid on time) Option Term: 36 months Buyer responsible for maintenance, lawn care, snow removal, and utilities.***
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,582 sq ft home built in 1925 sits in State Fair in Highland Park.
Currently offered at $60,000 (about $38/sq ft).
Estimated annual property tax: $1,502, or about $125 monthly. 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
Bathrooms2
Living Area1,582 sqft
Lot Size0.13 acres
Year Built1925
Stories2
Location
CityHighland Park
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
Sale & Financing
Listed3/10/2026
Original Price$75,000
Terms AcceptedCash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$1,177
Tax Year2025
State Equalized Value$23,400
Assessed Value$23,400
Parcel #01005387.
Source: Public Records
Legal Description
S W NEVADA W 15 FT 163 164 HUGO H STENDERS L26 P53 PLATS, W C R 1/167 45 X 125
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Rabior
Clyde Realty LLC
Frequently Asked Questions about 345 W Nevada Street, Highland Park, MI 48203
Which school district serves 345 W Nevada Street, Highland Park, MI 48203?
Per MLS# 20261015747, 345 W Nevada 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# 20261015747, this listing accepts Cash, Conventional, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 345 W Nevada Street, Highland Park, MI 48203?
Per public tax records, annual property taxes for this property are $2,519. 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, 345 W Nevada 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 345 W Nevada 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 345 W Nevada 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$1,502
Monthly$125
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$514
Principal & interest$389
Property taxes$125
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
345 W Nevada Street, Highland Park, MI 48203
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Neighborhood
State Fair
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Community
Detroit
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County
Wayne County
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