Listed By:
Real Broker, LLC Troy - 5172003245
Address
9809 Philip Street, Detroit, MI
Price
$ 75,000
Property Attributes
  • ID#20261036412
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Con Mors Grat Hstn7 Mack
  • NeighborhoodPARK MANOR DEV COS PARK DRIVE SUB
  • Zip48224
  • StyleBungalow
  • Year Built1938
  • Taxes$ 770
  • Price$ 75,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage997
  • Lot Size0.08 Acres
Data Source:
RealComp
Property Description

Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit’s east side is the perfect addition to any investor’s portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you’re a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.

Price History
5/20/2026 Listed $90,000
6/23/2026 6$85,000
7/17/2026 6$80,000
9/14/2026 7$75,000

General Features

Sewer PublicSewer
Heating ForcedAir, NaturalGas
Possession SubjectToTenantRights
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Year Built 1938
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
County Wayne
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name PARK MANOR DEV COS PARK DRIVE SUB
Garage Y/N No
Total Rooms 6
Full Baths 1
Status Active
Directions West of Hayes and East of Outer Dr
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N No
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 770.0
Home Warranty Y/N Yes
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 6928
Expected Active Date 2026-05-20
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description W PHILIP 301 PARK MANOR DEVELOPMENT COS PARK DR SUB L45 P42 PLATS, W C R 21/670 35 X 101.50

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 997.0
Total Bedrooms 3
LivingAreaSource PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1

Exterior Features

Parking Features NoGarage
Water Source Public
Foundation Details Basement, Block
Spa No
Lot Dimensions 35X101.5
Lot Size Acres 0.08
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via REMAX Team 2000 and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 16, 2026 5:34 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Single Family Average in 48224

Price
AVG $110K
$80K
Taxes
AVG $2,559
$770
Year Built
AVG 1939
1938
Visits
AVG 111
262
Data Provided by Inside Real Estate®