$100,000

20158 Riopelle Street, Highland Park, MI 48203

3 beds |
1 bath |
929 sqft

Single-Family Home
Built in 1945
4,792sqft lot
—— car garage
$108/sqft
Listed 8 days ago

Property Description

Solid 3-bedroom, 1-bath Bungalow located near high-demand areas. Tenant-occupied with top-of-market Section 8 rent and recent cosmetic improvements already completed. Ideal for an investor looking for a cash flowing rental opportunity. CoCROI over 16% year one with rental rate of $1,500/month. Sold with tenants in place and tenants are planning to stay. ***No Showings until a full accepted offer because it is tenant occupied. Photos and video available from agent upon request.

Listing Status:: Active
Date Added:: February 6, 2026
Data Last Updated:: February 14, 2026 at 7:47PM
Listing Office:: Keller Williams Somerset : 248-649-7200
Listing Agent:: Joseph Hammel : 248-422-1685
MLS ID:: 60968271

Basement: Unfinished
Heating: Natural GasForced Air

Style: Bungalow
Parking: Parking spaces: 0

General: BrickOne and One HalfBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: E RIOPELLE 431 THOMSON WOODS SUB L36 P45 PLATSW C R 9/175 40 X 120

Water: Public

Source: MiRealSource

This listing courtesy of Joseph Hammel , Keller Williams Somerset

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Nolan Elementary-Middle School

1150 E Lantz St, Highland Park, MI, 48203

Grades KG-8

0.53 miles away

Nolan Elementary-Middle School

1150 E Lantz St, Highland Park, MI, 48203

Grades KG-8

0.53 miles away

Pershing High School

18875 Ryan Rd, Detroit, MI, 48234

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.