#20250026053, Mark Poloney, Listing office: RE/MAX First
$1,500,000 List price
255 Merton Rd Highland Park, MI 48203
30 full
18,096 sqft
0.4 acres
$83 / sqft
Multi-Family
Property details
About 255 Merton Rd
Excellent Value add opportunity! FINANCING IN PLACE-JUST BRING A BUYER ready to put 20-30% down All units are 2BR/2BA and +1,000sqft One gas, one water meter (Landlord pays Water and Gas) Tenants pay electric Meticulously Maintained 15 parking spaces in rear. Current rents are below market. Partner with our lender for financing Aaron B. Lewis ablewis at nexamortgagae dot com NMLS#2705616
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size18,096 sqft
BasementYes
Lot size0.39 Acres
Year built1952
MLS #20251018118
Summary
- Full Bathrooms: 30
- Basement: Yes
- Attached Garage: No
- Architectural Style: Common Entry Building, Upper Lower Apartment
- Heating: Baseboard, Natural Gas
- List Price: $1,500,000
- Price/SqFt: $82
- Annual Tax Amount: $14,798
- Tax Year: 2024
- Directions: N Seven Mile to W Woodward
- Year Built: 1952
- Living Area: 18,096 SqFt
- Lot Size: 0.39 Acres
- MLS Number: 20251018118
- MLS Name: Realcomp II Ltd
- Office Name: Black Diamond Realty
- Office Phone: (313) 612-3277
- Listing Agent: Daryl B Harris
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $522,700 | $14,798 |
| 2023 | $441,200 | $14,798 |
| 2022 | $387,200 | $21,495 |
| 2021 | $257,400 | $21,495 |
| 2020 | $204,600 | $13,866 |
| 2018 | $236,400 | $13,866 |
| 2017 | $220,900 | $13,789 |
History based on county public records data.
Nearby schools
1
George Washington Carver Elementary School
Public Charter PK-4
0.7 mi
•14510 2nd Ave
2
Pasteur Elementary School
Public District PK-6
2.3 mi
•19811 Stoepel St
2
University Preparatory Art Design Elementary School
Public Charter KG-5
2.3 mi
•10225 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,185. Typical income of Highland Park, MI residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
65%
<35k
8%
35k-100k
17%
100k-200k
10%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
70%
Single, No Kids
14%
Single, with Kids
10%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
50%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 255 Merton Rd
The listing price of 255 Merton Rd property is $1,500,000.
The property 255 Merton Rd is a multi located in Highland Park, Michigan, 48203.
Active Listing: 255 Merton Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 255 Merton Rd are: George Washington Carver Elementary School (GreatSchools Rating 1/10), Pasteur Elementary School (GreatSchools Rating 2/10), University Preparatory Art Design Elementary School (GreatSchools Rating 2/10), George Washington Carver Middle School (GreatSchools Rating 1/10), Greenfield Union Elementary-Middle School (GreatSchools Rating 2/10), Paul Robeson Malcolm X Academy (GreatSchools Rating 1/10), Joy Preparatory Academy (GreatSchools Rating 5/10), Michigan Cyber Academy (GreatSchools Rating 2/10), Pershing High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $14,798 (source: MLS/based on county public records data).
The property 255 Merton Rd is 18,096 SqFt (source: MLS/tax record).
The year of construction for 255 Merton Rd is 1952.
This home is located at 255 Merton Rd in Highland Park, MI and zip code 48203 in the Palmer Park neighborhood. This 18,096 square foot home, which was built in 1952, sits on a 0.39 acre lot. Features: 30 bathrooms. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $1,500,000.
While more than 1 listings in Highland Park, MI in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. Between May and June 2025, Highland Park, MI real estate market has seen increase in the number of listings by 15.9%. Listings spent 48 days on the market in June 2025, and had a median list price of $35,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.