20486 Marx Street, Detroit, Michigan 48203

$65,000

Property Details

MLS#: 20261046538
Bedrooms: 3
Bathrooms: 1
Square Feet: 945
Price per Sqft: $69
Lot Size: 0.11 acres
Year Built: 1952
Property Type: Residential
Status: Active
Days on Market: 79

Market Analysis

Estimated Value (CMA): $39,690
Area Avg Price/Sqft: $34
This Property: $69/sqft ($35 above area average)
Price Position: +102.0% vs comparable homes
Comparable Properties Analyzed: 3

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!

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 20486 Marx Street?

20486 Marx Street is listed at $65,000, or $69 per square foot.

How many bedrooms does 20486 Marx Street have?

This property has 3 bedrooms and 1 bathrooms, with 945 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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