5300 Philip Street Detroit, MI ^$ 45,000

5300 Philip Street

^$ 45,000

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Recently Listed

5300 Philip Street

Detroit, MI, 48224

^$ 45,000

Bedrooms4 Baths2.0 Sq 1,599

Monthly Estimate*

^$ 277

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Single Family Home for sale in Detroit, MI

for $45,000 with 4 bedrooms and 2 full baths. This 1,599 square foot home was built in 1925 on a lot size of 0.09.

Versatile opportunity at 5300 Philip! This property can be configured as a single-family home or a multifamily, offering strong flexibility for both investors and owner-occupants. Potential layout includes a spacious 4Ã¢â¬â5 bedroom, 2 bath single-family setup, or a multifamily with a 2-bedroom, 1-bath unit on the main level and a 1-bedroom, 1-bath unit upstairs. Features a functional layout with separate living spaces and solid bones ready for your vision. Located in a convenient area with easy access to main roads, shopping, and amenities. Great opportunity for a value-add project or rental portfolio addition. Buyer to verify all information. BATVAI.

Single Family Active

Price

^$ 45,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,654

Style

Bungalow

Lot Size

0.09

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60987511

Features

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1925

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 South of Chandler Park and West of Alter Rd

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description E PHILIP 102 THE PARTNER LAND SUB L42 P31 PLATS W C R 21/612 35 X 106

DOM 1

Postal Code 48224

Price Per Sq Ft Total AG 28.14

Public Remarks Versatile opportunity at 5300 Philip! This property can be configured as a single-family home or a multifamily

Interior

Dining Room Level Entry

Basement Unfinished

Bedroom 3 Level Second

Bedroom 1 Level Entry

Bedroom 2 Level Entry

Beds 4

Fireplace? No

Total Rooms 10

Exterior

Exterior Brick Wood

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

Mikhail Grigoryan

Listing Agent

Detroit Progress Realty Llc

Broker

mike@detroitprogress.com

Affordability Calculator

$415

Per Month

Monthly Principal & Interest: $277
Monthly Property Taxes: $138
Monthly Home Insurance: --

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Interest Rate

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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

Single family listings in Detroit, MI

Average List Price ^$131,555

Percent of Sale Price 192%

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
4/27/2026	$45,000		Listed Price

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5300 Philip Street, Detroit, MI, 48224 is a Single Family Home for sale at $45,000 with 1,599 sqft and a lot size of 0.09. 5300 Philip Street has 4 bedrooms, 2.0 baths, and was built in 1925. 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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5300 Philip Street

Single Family Home for sale in Detroit, MI

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