For sale

$62,500

4002 W Philadelphia St, Detroit, MI 48204

4beds

2,482sqft

$568/mo

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Multi Family

Built in 1922

-- sqft lot

$-- Zestimate^®

$25/sqft

$-- HOA

What's special

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.

43 days

454

32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,482 sqft
Finished area above ground: 2,482

Property

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 36 x 104

Details

Parcel number: W14I002969S
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Other

Community & HOA

Community

Subdivision: STORMFELTZ-LOVELY CO SUB

Location

Region: Detroit

Financial & listing details

Price per square foot: $25/sqft
Tax assessed value: $13,149
Annual tax amount: $2,899
Date on market: 7/8/2026
Cumulative days on market: 43 days
Listing agreement: Exclusive Agency
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,448/mo

Price history

Date	Event	Price
7/8/2026	Listed for sale	$62,500$25/sqft
Source: Realcomp II #20261052213 Report a problem
6/30/2026	Listing removed	$62,500$25/sqft
Source: Realcomp II #20261045168 Report a problem
6/17/2026	Listed for sale	$62,500+1462.5%$25/sqft
Source: Realcomp II #20261045168 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
11/6/2019	Listing removed	$4,000$2/sqft
Source: Owner Report a problem
11/2/2019	Price change	$4,000-33.3%$2/sqft
Source: Owner Report a problem
10/21/2019	Price change	$6,000+71.4%$2/sqft
Source: Owner Report a problem
10/19/2019	Price change	$3,500-30%$1/sqft
Source: Owner Report a problem
9/25/2019	Price change	$5,000+66.7%$2/sqft
Source: Owner Report a problem
8/30/2019	Price change	$3,000-40%$1/sqft
Source: Owner Report a problem
8/17/2019	Price change	$5,000-16.7%$2/sqft
Source: Owner Report a problem
6/4/2019	Price change	$6,000-33.3%$2/sqft
Source: Owner Report a problem
5/14/2019	Price change	$9,000+50%$4/sqft
Source: Owner Report a problem
5/11/2019	Price change	$6,000-33.3%$2/sqft
Source: Owner Report a problem
4/28/2019	Price change	$9,000-25%$4/sqft
Source: Owner Report a problem
4/16/2019	Listed for sale	$12,000+25.4%$5/sqft
Source: Owner Report a problem
2/18/2011	Sold	$9,567$4/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$19,700 +23.9%
2024	--	$15,900 +8.9%
2023	--	$14,600 +30.4%
2022	--	$11,200 -16.4%
2021	--	$13,400
2020	$2,225 +99.2%	$13,400 +28.8%
2019	$1,117	$10,400 +13%
2018	$1,117	$9,200 +4.5%
2017	--	$8,800 -58.3%
2016	$1,041	$21,100 +78.8%
2015	$1,041 +9.7%	$11,800 -27.8%
2013	$949 -8.8%	$16,347 -30.2%
2010	$1,041	$23,423 -12%
2009	--	$26,617 -10.5%
2008	--	$29,740
2007	--	$29,740 +5.5%
2005	$95	$28,190 +3%
2004	--	$27,369