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4002 W Philadelphia

Detroit, MI 48204
  • $62,500
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 20261052213
$62,500
  • 0
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,482
    SQFT
  • $25
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

School District:

Description

Major capex is already done. A brand new roof and gutters mean zero deferred maintenance up top, and the plumbing and electrical have both been upgraded. The expensive, behind-the-walls work is finished. From here, it's all upside. Windows need replacing, an easy forced-appreciation play, while a massive unfinished bungalow attic sits primed to convert into an additional bedroom. Add a bed, add rent, add value on day one. The 2-car detached garage rounds it out as an extra income stream or premium tenant draw. Ideal BRRRR or buy-and-hold. Priced to move.

Monthly Payment Calculator



[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-15T23:48:27.657.
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4002 W Philadelphia Detroit, MI 48204

  • Price: $62,500
  • Status: Active
  • On Site: 38 Days
  • MLS #: 20261052213
0
Beds
2
Baths
1
½ Baths
0.09
Acres
2,482
SQFT
$25
$/SQFT
1922
Built
Neighborhood:
Stormfeltz-Lovely Co Sub
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
Major capex is already done. A brand new roof and gutters mean zero deferred maintenance up top, and the plumbing and electrical have both been upgraded. The expensive, behind-the-walls work is finished. From here, it's all upside. Windows need replacing, an easy forced-appreciation play, while a massive unfinished bungalow attic sits primed to convert into an additional bedroom. Add a bed, add rent, add value on day one. The 2-car detached garage rounds it out as an extra income stream or premium tenant draw. Ideal BRRRR or buy-and-hold. Priced to move.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 36X104 Roads Paved Street Structure Style 2 Story Styles Colonial Waterfront YN No

Interior Features

Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms Cash For Sale Or Rent For Sale Lease YN Yes Municipality Detroit Municipality Type City Net Operating Income 0 Ownership Private Property Type Multi-Family SEV 24000 Subject To Short Sale Approval No Summer Tax Amount 1329 Taxable Value 13149 Total Tax Amount 2899 Winter Tax Amount 1570 Zoning Multi-Family

Listing courtesy of Joseph Walter Realty, LLC : 248-294-7850.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-15T23:48:27.657.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507