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Jenn Smart

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146 Colorado , Highland Park, MI 48203
$389,900
Est. Payment: $2,031.82/mo
3 Bed
3 Bath
2014 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Turnkey investment opportunity! This well-maintained tri-level home offers 3 bedrooms, 2,014 square feet of living space, and is already tenant-occupied, providing immediate rental income. The long-term tenant has been in place for years and would love to stay, making this an ideal addition to any investment portfolio. Built in 1913, the home has been completed updated, beautifully maintained and is in excellent condition. With spacious living areas and a functional tri-level layout, this property combines charm, stability, and strong investment potential. Whether you're looking to expand your rental portfolio or purchase a cash-flowing property with an established tenant, this is an opportunity you won't want to miss.

Highlights

Listed by Oraibe Breadiy , 734-752-2120 HomeCraft Real Estate , 734-329-0123. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.14

Year Built

1913

County

Wayne

Area

Detroit (82001)

Neighborhood

Steven Sub Blk 3

School District

Highland Park City Schools

Listing ID

61009356

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Above Ground Sq Ft:2014
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:40X150
Others:
  • Additional:Deck, Porch
Principal Interest
$2,032
Taxes
$231

Home Price

$389,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$77,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,031.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,031.82 $231.17 $0.00 $2,262.99
Yearly $24,381.88 $2,774.00 $0.00 $27,155.88
Total $731,456.33 $83,220.00 $0.00 $814,676.33
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Highland Park, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T04:57:55.100Z

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