$699,000
16940 log cabin street, highland park, MI 48203
Property Description
13-Unit Apartment Building - Turnkey Investment Opportunity - One-bedroom units, many featuring original hardwood floors. Newer roof and boiler, current Certificate of Compliance. Coin operated laundry in basement. Tenants enjoy secure gated parking, well-kept common areas, and a spacious green lot for added outdoor space. Ideally located near public transit. Less than 10 minutes to Downtown, Ferndale, and the 8 Mile/Woodward corridor—home to major retailers, gyms, restaurants, and grocery stores. This is a smart, low-maintenance asset ready to perform, with additional upside. Comes with adjacent two car garage for storage or parking. Detroit property with Highland Park mailing address. Ideal for the city of Detroit PILOT program (payment in lieu of taxes) to reduce tax bill and create workforce housing. This listing includes additional parcels 16920 Log Cabin #08009542 and 16930 Log Cabin #08009543. ** Do not disturb tenants**
General Information
Price: $699,000
Price/SqFt: $81
Status: Active
MLS#: 20251011838
City: detroit
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: log cabin heights sub
Acres: 0.35
Lot Dimensions: 150X100
Bedrooms:0
Bathrooms:13 (13 full, 0 half)
Size: 8,676 sq.ft.
Acreage: 0.35 est.
Year Built: 1923
Property Type: Multifamily
Style: 3 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Heating: Hot Water
Heating: Hot Water
Tax, Fees & Legal
Est. Summer Taxes: $24,116
Est. Winter Taxes: $29,706
Est. Winter Taxes: $29,706
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse, Phone: (313) 658-6400