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$893,000   Price Analysis
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16940 Log Cabin St
Highland Park, MI 48203
Unknown bed 0 bath unknown SqFt ($0/SqFt)
6,098SqFt lot. Built 1923
Listed 2024-06-19, Taxes $9,196
Ⓧ USDA Ineligible
due to price & location

near Highland Park

Major price improvement.

Value add 13 unit apartment building with gated private parking, a open lot and a certif icate of compliance. This building has been updated and most capital improvments have been completed. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation.

Strategically situated for investment opportunity, with the flurry of investment in the City of Detroit. This building has some separate utility meters allowing room for low operating expenses. Rents are below market.


Presented by Shawn Jacobs at
Moxie Real Estate & Development.


Property MLS #24031172 from MichRic

Total Bathrooms: 0

Basement Features: Full

Heating Features: Forced Air, Radiant
Heating: Yes

Lot Size Acres: 0.1399908
Lot Size Square Feet: 6098

Parking Total: 13

Association: No
Calculated Total Monthly Association Fees: 0

School District: Highland Park

Robeson Academy Malcolm X Academy is a public elementary and middle school located approximately 0.3 miles away.
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Mumford High School is a public high school located approximately 2.2 miles away.
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Muhammad University of Islam is a private elementary, middle and high school located approximately 0.6 miles away.
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Annual Tax Amount: 10300.04999999
Source Listing Status: Active
County: Wayne
Directions: From Hampton, turn left onto W Mcnichols and turn left on Log Cabin.
Tax Year: 2023
Source Property Type: Multi-Family
Area: Wayne County - 100
MLS Area Minor: Wayne County - 100
Source Neighborhood: Wayne County - 100
Owner Pays: Electricity, Gas
Parcel Number: 08009544.
Property Subtype: 5+ Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$239,900
$9,196
2021$unknown + $unknown
$158,500
$8,895
2020$unknown + $unknown
$126,200
$8,892
2019$unknown + $unknown
$97,500
$8,728
2018$unknown + $unknown
$170,200
$14,060
2017$unknown + $unknown
$159,100
$13,971
2016$unknown + $unknown
$156,700
$3,209
2015$unknown + $unknown
$156,700
$3,165
2014$unknown + $unknown
$156,739
$3,105
2013$unknown + $unknown
$156,739
$3,023
2012$unknown + $unknown
$156,739
$2,926
2011$unknown + $unknown
$160,363
$2,866
2010$unknown + $unknown
$168,803
$2,793
2009$unknown + $unknown
$178,627
$2,752
2008$unknown + $unknown
$42,227
$2,532
2007$unknown + $unknown
$42,227
$2,504

Price Changed 2024-07-17
$893,000
MichRic
Listed 2024-06-19
$895,500
MichRic
Listing removed 2024-04-27
$0
MichRic
Listed 2024-02-10
$975,000
MichRic
Sold 2018-06-18
$85,000
Public Record
Sold 2014-05-08
$60,000
Public Record
Sold 2003-01-29
$300,000
Public Record

Year Built: 1923
Construction Materials: Brick
Property Age: 101
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