5731 Philip Street Detroit, MI ^$ 50,000

5731 Philip Street

^$ 50,000

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Recently Listed

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.

Single Family Active

Price

^$ 50,000

Bedrooms

Full Bath

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

60994597

Features

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Garage Detached Garage

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1940

Subdivision The Partner Land Sub MI

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions North of Chandler Park West of Alter Rd South of 94 East of Chalmers

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description W PHILIP 188 THE PARTNER LAND SUB L42 P31 PLATS W C R 21/612 35 X 106

DOM 2

Postal Code 48224

Price Per Sq Ft Total AG 62.58

Public Remarks

Interior

Basement Unfinished

Bedroom 3 Level Entry

Bedroom 1 Level Second

Bedroom 2 Level Entry

Beds 3

Fireplace? No

Total Rooms 6

Exterior

Exterior Brick

Frontage 35

Lot Size Area 0.09

Pool (Y/N) No

Lot Dimensions 35X106

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Cyrus Wheeler

Listing Agent

Match Realty

Broker

Cyrus@matchrealty.com

Affordability Calculator

$406

Per Month

Monthly Principal & Interest: $308
Monthly Property Taxes: $98
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly 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

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$130,962

Percent of Sale Price 162%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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5731 Philip Street

Single Family Home for sale in Detroit, MI

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