Sold

59 W Margaret Street, Highland Park, MI 48203

Sold on 04/07/2026 for$260,000

MLS # 20251025065 (Realcomp)

Built 19270.09 acres

Listing Description

Investor Special! Don’t miss this fantastic opportunity to own a 4-unit property in the up-and-coming city of Highland Park. Each unit offers 2 bedrooms, 1 full bath, a spacious living room, a dedicated dining area, and a well-appointed kitchen—providing a comfortable layout for tenants.Bonus: every unit includes a heated sunroom for year-round enjoyment, adding valuable living space and appeal. Whether you're looking to expand your rental portfolio or start with a solid multi-family investment, this property is full of potential in a growing market.

Source: SparkMLS

About this home

Located in State Fair in Highland Park, this property offers 4-bath, with original construction dating to 1927.

Final sale price: $260,000.

Property tax estimate: $5,507 per year ($459/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. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.

Listing Property Details

Property TypeMulti Family

Bathrooms4

Lot Size0.09 acres

Year Built1927

Location

CityHighland Park

Zip Code48203

CountyWayne

School DistrictHighland Park

Construction & Systems

ConstructionBrick

HeatingHot Water, Radiant

WaterPublic

Sale & Financing

Listed8/6/2025

Sold Date4/6/2026

Original Price$275,000

Terms AcceptedCash, Conventional

Source: SparkMLS

Tax Information

Annual Tax$1,601

Tax Year2025

State Equalized Value$85,800

Assessed Value$85,800

Parcel #01005757.

Source: Public Records

Legal Description

S W MARGARET 84 GRIX HOME PARK L29 P52 PLATS, W C R 1/170 40 X 100

Property Records

FEMA Flood Zone: Zone X — Minimal flood risk

Source: FEMA NFHL

USDA Rural Development: Not Eligible

Verify eligibility at USDA

Listed by Lori Goldman

Berkshire Hathaway HomeServices Kee Realty Bham

Frequently Asked Questions about 59 W Margaret Street, Highland Park, MI 48203

Which school district serves 59 W Margaret Street, Highland Park, MI 48203?

Per MLS# 20251025065, 59 W Margaret Street, Highland Park, MI 48203 is in the Highland Park boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Highland Park directly to confirm enrollment eligibility.

Can I use FHA or VA financing for this property?

Per MLS# 20251025065, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.

What are the property taxes at 59 W Margaret Street, Highland Park, MI 48203?

Per public tax records, annual property taxes for this property are $4,258. 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.

MI Property Tax Estimator

Can I use a USDA Rural Development loan for this property?

Per USDA Rural Development boundary data, 59 W Margaret 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.

USDA Eligibility Map

Is 59 W Margaret 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.

FEMA Flood Map

What internet service is available at this address?

Per FCC Broadband Data Collection filings, fiber internet is not currently available at 59 W Margaret Street, Highland Park, MI 48203. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.

FCC Broadband Map

What utilities serve 59 W Margaret Street, Highland Park, MI 48203?

Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.

DTE Electric Company DTE Gas Company MI Public Service Commission

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.

CLEMIS

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Or contact Alexander directly

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Tax Estimate

SEV (State Equalized Value)

Annual tax$5,507

Monthly$459

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

Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$2,204

Principal & interest$1,745

Property taxes$459

Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.

Internet

Download

1.2 Gbps

Upload

35 Mbps

CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL

8 providers at this address

XfinityCable

1.2 Gbps

VerizonLicensed Fixed Wireless

300 Mbps

StarlinkGSO Satellite

280 Mbps

AT&TLicensed Fixed Wireless

100 Mbps

HughesNetSatellite

100 Mbps

Viasat IncSatellite

100 Mbps

T-MobileLicensed Fixed Wireless

25 Mbps

AT&TDSL

0 Mbps

FCC Broadband Data Collection (Dec 2025). Max advertised speeds.

Utilities

DTE Electric Company

Investor-Owned

800-477-4747 Web

DTE Gas Company

Investor-Owned

800-477-4747 Web

MI Public Service Commission service territory boundaries.

Property

59 W Margaret Street, Highland Park, MI 48203

View full property history →

Neighborhood

State Fair

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Community

Detroit

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County

Wayne County

View county overview →

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Listing Description

Source: SparkMLS

About this home

Located in State Fair in Highland Park, this property offers 4-bath, with original construction dating to 1927.

Final sale price: $260,000.

Property tax estimate: $5,507 per year ($459/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. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.

Listing Property Details

Property TypeMulti Family

Bathrooms4

Lot Size0.09 acres

Year Built1927

Location

CityHighland Park

Zip Code48203

CountyWayne

School DistrictHighland Park

Construction & Systems

ConstructionBrick

HeatingHot Water, Radiant

WaterPublic

Sale & Financing

Listed8/6/2025

Sold Date4/6/2026

Original Price$275,000

Terms AcceptedCash, Conventional

Source: SparkMLS

Frequently Asked Questions about 59 W Margaret Street, Highland Park, MI 48203

Which school district serves 59 W Margaret Street, Highland Park, MI 48203?

Can I use FHA or VA financing for this property?

Per MLS# 20251025065, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.

What are the property taxes at 59 W Margaret Street, Highland Park, MI 48203?

MI Property Tax Estimator

Can I use a USDA Rural Development loan for this property?

USDA Eligibility Map

Is 59 W Margaret Street, Highland Park, MI 48203 in a flood zone?

FEMA Flood Map

What internet service is available at this address?

FCC Broadband Map

What utilities serve 59 W Margaret Street, Highland Park, MI 48203?

Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.

DTE Electric Company DTE Gas Company MI Public Service Commission

What is the crime rate in this area?

CLEMIS