18612 MARX Street, Detroit, Michigan 48203

$80,000

Property Details

MLS#: 20261044162
Bedrooms: 2
Bathrooms: 1
Square Feet: 1,818
Price per Sqft: $44
Lot Size: 0.12 acres
Year Built: 1942
Property Type: Residential
Status: Active
Days on Market: 86

Market Analysis

Estimated Value (CMA): $112,716
Area Avg Price/Sqft: $67
This Property: $44/sqft ($23 below area average)
Price Position: -34.0% vs comparable homes
Comparable Properties Analyzed: 4

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***

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 18612 MARX Street?

18612 MARX Street is listed at $80,000, or $44 per square foot.

How many bedrooms does 18612 MARX Street have?

This property has 2 bedrooms and 1 bathrooms, with 1,818 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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