$50,000
5731 Philip Street
Detroit, MI, 48224
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 a blank canvas for your next family home 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:
Single Family Residence
Listed Date:
May 19, 2026
Finished Sq Ft:
799
Total Sq Ft:
799
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1940
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air
Exterior
Construction Materials
Brick
Garage Spaces
1
Parking Features
Detached
Stories
2
Financial
Taxes
$1,179
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Jun 16, 2026
3,938
Single Family Listed
138
Avg DOM
85
Avg $ / SqFt
$154,635
Avg List Price
Community
- Address5731 Philip Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48224
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
- ARDENWOOD
- ARTHUR J SCULLYS VOGT FARM NO 1
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- BERNART & FISCHERS SUB
- Berry Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Boston Edison
- Boston-Edison
- CENTER TOWN AND CARRIAGE HOMES NORTH
- COLLEGE VIEW
- COOPERS LEIGH G CADIEUX SEVEN
- DET ROYAL GARDENS PLATS
- Detroit City
- Detroit Golf
- DORANS LA SALLE BLVD ANNEX PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- Eastern Heights Land Companys Sub 1
- Eastern Heights Land Cos Sub
- EDISON HEIGHTS
- Elmwood Park Urban Renewal Plat 1
- EMERSON MANOR PLATS
- ENGEL CHARLES NO 1
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand Dale 5
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEO W RENCHARDS COLLEGEDALE SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grandmont
- Greenwich Park 1
- GREENWICH PARK SUB
- Grosse Pointe City
- Grosse Pointe Farms City
- Groveland
- Hamtramck City
- Harrah & Sosnowskis Hamtramck
- HENDRIES
- Highland Park City
- HITCHMANS LITTLE FARMS
- Howell-Mack Euclid Ave Sub
- Lahser Ave Super
- LEBOTS
- LINWOOD PARK SUB PLATS
- Log Cabin Heights subdivision
- Lothrop Est Co Ltd Lots 135 thru 184
- Lyndale Sub
- Marygrove Drive
- Mc Laughlin Bros
- MONNIER HEIGHTS THOS W WARDS
- Northville City
- Palmer Blvd Estates
- Parkers Resub
- Pingree Park
- PLUMERS SUB PLATS
- Plymouth
- Rosedale Park
- ROSEDALE PARK PLATS
- Rosedale Park Sub No. 9
- Roseland Park
- Rosemary Seven Mile Dr Plats
- Rouge Park Sub
- Russell Woods
- Russell Woods Subdivision
- Shorepointe Village
- Skrzycki Konczal
- Southfield gate
- SOUTHFIELD WOODS PLATS
- St Peter & Paul Sub 1
- SUNBEAM HEIGHTS
- Sunset Manor
- The Partner Land Subdivision
- The Partners Land Subdivision
- Voigt Park Sub
- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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Property Summary
- 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 $154,635.
5731 Philip Street
Detroit, MI