483 Philip Street Detroit, MI ^$ 175,000

483 Philip Street

^$ 175,000

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Open House 5/31 11am - 1pm

483 Philip Street

Detroit, MI, 48215

^$ 175,000

Studio Baths2.0 Sq 2,276

Monthly Estimate*

^$ 1,078

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Studio

Multi-Family Home for sale in Detroit, MI

for $175,000 with 2 full baths. This 2,276 square foot home was built in 1924 on a lot size of 0.12.

Investor special in Detroit's thriving Jefferson Chalmers neighborhood! This fully updated brick duplex features two spacious units, each with 2 bedrooms, 1 bath, living room, formal dining room, and a refreshed kitchen with white shaker cabinets. Both units offer hardwood flooring, good natural light, and a clean, move-in ready condition that tenants love. Situated on a solid lot with great curb appeal, just minutes from the Detroit riverfront, Jefferson East dining and retail corridor, and easy freeway access. Whether you're building your portfolio or looking to house-hack, this is the turnkey opportunity you've been waiting for. Schedule your showing today!

Open House

5/31/2026 11:00 AM - 1:00 PM

483 Philip Street Detroit, MI

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 175,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,939

Style

Lot Size

0.12

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60997401

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1924

Subdivision Lakewood Park Sub MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 26650

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Take Jefferson to Philips. Head South on Philips.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description W PHILIP 115 LAKEWOOD PARK SUB L27 P55 PLATS W C R 21/382 35 X 146.23A

DOM 1

Postal Code 48215

Price Per Sq Ft Total AG 76.89

Public Remarks Investor special in Detroit's thriving Jefferson Chalmers neighborhood! This fully updated brick duplex features two spacious units each with 2 bedrooms 1 bath living room formal dining room

Exterior

Exterior Brick

Lot Size Area 0.12

Lot Dimensions 35X146.23

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Darryl Mack

Listing Agent

Century 21 Curran & Oberski

Broker

dmackc21@gmail.com

Affordability Calculator

$1,239

Per Month

Monthly Principal & Interest: $1,078
Monthly Property Taxes: $162
Monthly Home Insurance: --

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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

Multi-family listings in Detroit, MI

Average List Price ^$260,883

Percent of Sale Price 49%

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
5/29/2026	$175,000		Listed Price

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483 Philip Street, Detroit, MI, 48215 is a Multi-Family Home for sale at $175,000 with 2,276 sqft and a lot size of 0.12. 483 Philip Street is a studio with 2.0 baths and was built in 1924. The property's zip code is 48215 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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483 Philip Street

Multi-Family Home for sale in Detroit, MI

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