5540 Guilford Street Detroit, MI $ 62,000
5540 Guilford Street
$ 62,000
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5540 Guilford Street

Detroit, MI, 48224
$ 62,000
Bedrooms3 Baths1.1 Sq 1,169

Monthly Estimate*

$ 382

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Single Family Home for sale in Detroit, MI

for $62,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,169 square foot home was built in 1928 on a lot size of 0.16.

This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use.The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision. The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan.Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside.

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Single Family Active

Price

$ 62,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,236

Style

Lot Size

0.16

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70529229

Features
General
Heating Hot Water
Kitchen Level Main
Water Public Water
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1928
Water Heater Gas
County Wayne
Class RESIDENTIAL
Type Single Family
Municipality Detroit
New Construction Y/N No
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description E GUILFORD 158 GROSSE PTE HIGHLANDS SUB L36 P61 PLATS W C R 21/814 60 X 114.46
DOM 0
Postal Code 48224
Price Per Sq Ft Total AG 53.04
Public Remarks This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms one full bathroom and one half bath
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Exterior
Exterior Brick
Frontage 40
Lot Size Area 0.16
Pool (Y/N) No
Lot Dimensions 40x110
Roads Paved Street
Waterfront Y/N No
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Interior
Beds 3
Total Rooms 6
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* Excluded Features
List By
Charles Campbell

Listing Agent

Listwithfreedom.Com

Broker

CCampbell@ListWithFreedom.com

Email

Affordability Calculator

$485
Per Month
79%
21%
0%
Monthly Principal & Interest
$382
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2026$62,000 Listed Price

Map


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5540 Guilford Street, Detroit, MI, 48224 is a Single Family Home for sale at $62,000 with 1,169 sqft and a lot size of 0.16. 5540 Guilford Street has 3 bedrooms, 1.1 baths, and was built in 1928. The property's zip code is 48224 which is in Detroit, MI