5540 Guilford Street
Detroit, MI, 48224
$62,000
3 Beds
1.5 Baths
1,169 SqFt
0.16 Acres
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$62,000
5540 Guilford Street
Detroit, MI, 48224
MLS #26019543 image #0
This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use.
The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision. The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan.
Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside. This is a great opportunity for those experienced in renovation projects or looking to expand their portfolio with a property that can be transformed through TLC and thoughtful updates.

Property Details

Price:
$62,000
MLS #:
26019543
Status:
Active
Beds:
3
Baths:
1.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 2, 2026
Finished Sq Ft:
1,169
Total Sq Ft:
1,169
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1928
RanchDetroit

Schools

School District:
Detroit

Interior

Bathrooms
1 Full Bathroom, 1 Half Bathroom
Fireplaces Total
1
Flooring
Tile, Vinyl, Wood
Heating
Hot Water
Laundry Features
Main Level
Main Level Bedrooms
3

Exterior

Architectural Style
Ranch
Construction Materials
Brick
Lot Features
Level
Roof
Other
Stories
1

Financial

Tax Year
2025
Taxes
$1,237
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Current real estate data for Single Family in Detroit as of Aug 02, 2026
3,886
Single Family Listed
135
Avg DOM
84
Avg $ / SqFt
$149,459
Avg List Price

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Property Summary

    5540 Guilford Street Detroit MI is a Single Family for sale in Detroit, MI, 48224. It is listed for $62,000 and features 3 beds, 2 baths, and has approximately 1,169 square feet of living space, and was originally constructed in 1928. The current price per square foot is $53. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $149,459.
5540 Guilford Street
Detroit, MI

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