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5731 Philip Street Detroit, MI $ 50,000
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5731 Philip Street
$ 50,000
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5731 Philip Street

Detroit, MI, 48224
$ 50,000
Bedrooms3 Baths1.0 Sq 799

Monthly Estimate*

$ 308

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5731 Philip Street, Detroit, MI 48224 - Image 10

Single Family Home for sale in Detroit, MI

for $50,000 with 3 bedrooms and 1 full bath. This 799 square foot home was built in 1940 on a lot size of 0.09.

A fantastic opportunity for homeowners and investors looking to secure property in one of Detroit’s steadily improving east-side neighborhoods! This charming property offers incredible potential with strong rental demand, excellent location advantages, and long-term upside for savvy buyers. The neighborhood continues to see revitalization and investment, making it an attractive option for both owner-occupants and investors seeking cash flow and appreciation potential. Enjoy spacious living areas, solid bones, and the opportunity to add your personal touch or maximize rental income. Whether you’re looking for your next family home, a turnkey rental, or your next renovation project, this property checks all the boxes.

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Single Family Active

Price

$ 50,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,179

Style

Bungalow

Lot Size

0.09

Year Built

1940

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261036217
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 1.0
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Year Built 1940
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name THE PARTNER LAND SUB
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions North of Chandler Park West of Alter Rd South of 94 East of Chalmers
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1179.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 6586
Expected Active Date 2026-05-20
Legal Description W PHILIP 188 THE PARTNER LAND SUB L42 P31 PLATS W C R 21/612 35 X 106
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 799.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features OneCarGarage Detached
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 35X106
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5731
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* Excluded Features
List By
Cyrus Wheeler

Listing Agent

Match Realty

Broker

(248) 885-2646

Phone

Affordability Calculator

$406
Per Month
76%
24%
0%
Monthly Principal & Interest
$308
Monthly Property Taxes
$98
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
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/20/2026$50,000 Listed Price

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5731 Philip Street, Detroit, MI, 48224 is a Single Family Home for sale at $50,000 with 799 sqft and a lot size of 0.09. 5731 Philip Street has 3 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 48224 which is in Detroit, MI

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