Address
9809 Philip Street, Detroit, MI
Price
$ 75,000
Property Attributes
  • ID#60994629
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • 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:
MiRealSource (MIRS)
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
7/16/2026 6$80,000
9/14/2026 7$75,000

General Features

Heating Forced Air
Kitchen Level Entry
Possession Subject To Tenant Rights
Water Public Water
Status Active
Full Baths 1
Bathrooms 1
Year Built 1938
Subdivision Park Manor Dev Cos Park Drive Sub
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 2
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N Yes
Area Detroit (82001)
Primary City Detroit
Directions West of Hayes and East of Outer Dr
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description W PHILIP 301 PARK MANOR DEVELOPMENT COS PARK DR SUB L45 P42 PLATS,W C R 21/670 35 X 101.50
DOM 121
Postal Code 48224
Price Per Sq Ft Total AG 75.23
Public Remarks 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

Interior Features

Dining Room Level Entry
Living Room Level Entry
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Second
Kitchen Length 10
Living Room Length 12
Bedroom 2 Width 12
Bedroom 3 Width 10
Dining Room Width 8
Bedroom 2 Length 16
Living Room Width 12
Bedroom 3 Length 10
Dining Room Length 10
Kitchen Width 10
Beds 3
Fireplace? No
Total Rooms 7
Bedroom 1 Length 10
Bedroom 1 Width 10
Below Grade SqFt 802
Above Grade SqFt 997
Basement Y/N Yes
Total SqFt Finished 997

Exterior Features

Exterior Brick
Frontage 35
Lot Size Area 0.08
Pool (Y/N) No
Lot Dimensions 35X101.5
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage 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

Property vs Single Family Average in 48224

Price
AVG $110K
$80K
Taxes
AVG $2,570
$770
Year Built
AVG 1939
1938
Visits
AVG 152
126
Data Provided by Inside Real Estate®

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