5042 Philip Street Detroit, MI $ 29,900
5042 Philip Street
$ 29,900
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5042 Philip Street

Detroit, MI, 48224
$ 29,900
Bedrooms3 Baths1.1 Sq 1,614

Monthly Estimate*

$ 189

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Single Family Home for sale in Detroit, MI

for $29,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,614 square foot home was built in 1936 on a lot size of 0.14.

Showing on 9/2/2026, Wednesday 1pm - 2pm. Call to confirm!! Solid 3-bedroom, 1 and 1/2-bath brick home with plenty of potential. The property features a huge unfinished attic that could provide additional living space or potentially be converted into a fourth room, buyer to verify intended use and requirements. The roof will need to be replaced. Unlike many fire-damaged properties, portions of the home remain salvageable, offering an opportunity to restore and renovate rather than start from scratch. Sold as-is. Bring your vision and make this property your own. Room dimensions are estimates. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed

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Single Family Active

Price

$ 29,900

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,695

Style

Bungalow

Lot Size

0.14

Year Built

1936

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61025591

Features
General
Heating Forced Air
Kitchen Level Entry
Possession At Close
Fireplaces LivRoom Fireplace
Water Public Water
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1936
Subdivision Jefferson Park Land Co Ltd 1 MI
Water Heater Gas
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 1/2 Story
Area Detroit (82001)
Primary City Detroit
Directions N of E Warren Ave/W of Alter
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description E PHILIP 843 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS W C R 21/755 40 X 150
DOM 0
Postal Code 48224
Price Per Sq Ft Total AG 18.53
Public Remarks Showing on 9/2/2026 Wednesday 1pm - 2pm. Call to confirm!! Solid 3-bedroom
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Interior
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? Yes
Total Rooms 7
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Exterior
Exterior Brick
Exterior Amenities Fenced Yard Porch
Frontage 40
Lot Size Area 0.14
Pool (Y/N) No
Lot Dimensions 40X150
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
TJ Brisbois

Listing Agent

Wise Property Buyers

Broker

tj@wisepropertybuyers.com

Email

Affordability Calculator

$330
Per Month
57%
43%
0%
Monthly Principal & Interest
$189
Monthly Property Taxes
$141
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/28/2026$29,900 Listed Price

Map


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5042 Philip Street, Detroit, MI, 48224 is a Single Family Home for sale at $29,900 with 1,614 sqft and a lot size of 0.14. 5042 Philip Street has 3 bedrooms, 1.1 baths, and was built in 1936. The property's zip code is 48224 which is in Detroit, MI