5731 Philip Street Detroit MI 48224 MLS #20261036217

5731 Philip Street
Detroit, MI, 48224
$50,000
3 Beds
1 Baths
799 SqFt
0.09 Acres
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MLS #20261036217 image #0
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.

Property Details

Price:
$50,000
MLS #:
20261036217
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
THE PARTNER LAND SUB
Neighborhood:
area05055detconmorsgrathstn7mack
Listed Date:
May 19, 2026
Finished Sq Ft:
799
Year Built:
1940
Short SaleBungalowArea05055detconmorsgrathstn7mackArea05055detconmorsgrathstn7mackThe Partner Land SubDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
799
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Garage Spaces
1
Parking Features
OneCarGarage, Detached

Financial

Taxes
$1,179

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of May 20, 2026
3,671
Single Family Listed
130
Avg DOM
85
Avg $ / SqFt
$151,004
Avg List Price

Property Summary

    Located in the THE PARTNER LAND SUB subdivision, 5731 Philip Street Detroit MI is a Single Family for sale in Detroit, MI, 48224. It is listed for $50,000 and features 3 beds, 1 baths, and has approximately 799 square feet of living space, and was originally constructed in 1940. The current price per square foot is $63. The average price per square foot for Single Family listings in Detroit is $85. The average listing price for Single Family in Detroit is $151,004. To schedule a showing of MLS#20261036217 at 5731 Philip Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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