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

20261069108

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Year Built 1936
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name JEFFERSON PARK LAND CO LTD 1
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions N of E Warren Ave/W of Alter
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions TaxesHomesteadExempt
Entry Location GroundLevelwSteps
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 1695.0
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 9438
Expected Active Date 2026-08-28
Legal Description E PHILIP 843 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS W C R 21/755 40 X 150
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Interior
Basement Unfinished
Fireplace Features LivingRoom
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1614.0
Half Baths 1
Laundry Features GasDryerHookup WasherHookup
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Exterior Amenities Lighting
Fencing BackYard
Parking Features NoGarage
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 40X150
Lot Size Acres 0.14
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 5042
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* Excluded Features
List By
TJ Brisbois

Listing Agent

Wise Property Buyers

Broker

(734) 875-9448

Phone

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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2026$29,900 Listed Price

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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