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Sold for $58,000
    • $58,000

    20490 Hanna St, Highland Park, MI 48203

    4beds
    1,276sqft
    Single Family Residence
    Built in 1947
    3,920 Square Feet Lot
    $63,600 Zestimate®
    $45/sqft
    $1,550 Estimated rent

    Home value

    $63,600

    $56,000 - $73,000

    $1,550/mo

    Zestimate® history
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    $1,550/mo

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    What's special

    Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow. Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants. Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!

    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy Moore 248-408-9453,

    Zest Realty LLC,

    Michael Koski 248-270-8238,

    Zest Realty LLC

    Bought with:

    Derek Werenka, 6502433042

    SimpliHom

    Source: Realcomp II,MLS#: 20240072639MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Dimensions: 10 x 14
    Bedroom
    • Level: Entry
    • Dimensions: 10 x 10
    Bedroom
    • Level: Entry
    • Dimensions: 11 x 10
    Bedroom
    • Level: Entry
    • Dimensions: 10 x 15
    Other
    • Level: Entry
    • Dimensions: 8 x 8
    Other
    • Level: Upper
    • Dimensions: 5 x 5
    Kitchen
    • Level: Entry
    • Dimensions: 12 x 12
    Living room
    • Level: Entry
    • Dimensions: 12 x 12
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,276 sqft
    • Finished area above ground: 1,276

    Property

    Parking
    • Total spaces: 1
    • Parking features: One Car Garage, Detached
    • Garage spaces: 1
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 40.00 x 100.00
    Details
    • Parcel number: W09I020344S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer, Sewer At Street
    • Water: Public, Waterat Street

    Community & HOA

    Community
    • Subdivision: EIGHT-OAKLAND SUB NO 1 (PLATS)
    HOA
    • Has HOA: No
    Location
    • Region: Highland Park

    Financial & listing details

    • Price per square foot: $45/sqft
    • Tax assessed value: $9,375
    • Annual tax amount: $1,050
    • Date on market: 9/30/2024
    • Cumulative days on market: 88 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    9/18/2025Listing removed$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    6/27/2025Price change$1,495-6.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/24/2025Listed for rent$1,595+112.7%$1/sqft
    Source: Zillow Rentals Report a problem
    2/7/2025Sold$58,000-1.5%$45/sqft
    Source: Realcomp II #20240072639 Report a problem
    1/15/2025Pending sale$58,900$46/sqft
    Source: Realcomp II #20240072639 Report a problem
    9/30/2024Listed for sale$58,900+11.3%$46/sqft
    Source: Realcomp II #20240072639 Report a problem
    4/7/2018Listing removed$750$1/sqft
    Source: Rondo Investment - Rondo Investment, LLC Report a problem
    3/16/2018Listed for rent$750$1/sqft
    Source: Rondo Investment - Rondo Investment, LLC Report a problem
    12/7/2017Sold$52,900+32.6%$41/sqft
    Source: Public Record Report a problem
    9/27/2017Listed for sale$39,900+1187.5%$31/sqft
    Source: Firm Foundations Realty Group #217087667 Report a problem
    10/11/2013Sold$3,099-38%$2/sqft
    Source: MiRealSource #31157429 Report a problem
    7/18/2013Listed for sale$5,000-92%$4/sqft
    Source: The Parrott Team LLC #213070840 Report a problem
    12/9/1999Sold$62,500+461.1%$49/sqft
    Source: Public Record Report a problem
    6/29/1994Sold$11,139$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $19,900 +23.6%
    2024-- $16,100 +12.6%
    2023-- $14,300 +36.2%
    2022-- $10,500 +14.1%
    2021-- $9,200
    2020$538 -39.5%$9,200 +16.5%
    2019$889 $7,900 +5.3%
    2018$889 $7,500 +5.6%
    2017-- $7,100 -71.4%
    2016$1,774 $24,800 +52.1%
    2015$1,774 -13%$16,300 -20.1%
    2013$2,039 +14.9%$20,390 -31.8%
    2010$1,774 $29,894 -12%
    2009-- $33,971 -13.5%
    2008-- $39,273
    2007-- $39,273 +5.5%
    2005$303 $37,226 +3%
    2004-- $36,142 +59.6%
    2001$1,474 +12.2%$22,652 +3.2%
    2000$1,314 $21,950
    Find assessor info on the county website

    Neighborhood: Nolan

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    Estimated market value
    $63,600
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    Estimated market value
    $63,600

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