Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility.
Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space.
A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income.
Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.
Accepting backups
$175,000
4357 W Philadelphia St, Detroit, MI 48204
6beds
2,462sqft
Multi Family
Built in 1916
-- sqft lot
$172,500 Zestimate®
$71/sqft
$-- HOA
What's special
- 45 days |
- 262 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Michael Perna 248-886-4450,
EXP Realty The Perna Team 888-501-7085,
Matthew Van Popering 734-262-1900,
EXP Realty The Perna Team
Source: Realcomp II,MLS#: 20261051308
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Common Area, Laundry Room
Features
- High Speed Internet, Programmable Thermostat
- Basement: Common,Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,462 sqft
- Finished area above ground: 2,462
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Lighting
- Pool features: None
Lot
- Size: 3,484 Square Feet
- Dimensions: 35 x 104
Details
- Parcel number: W14I002928S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Poured
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities
Community & HOA
Community
- Features: Sidewalks
- Subdivision: STORMFELTZ-LOVELY CO SUB
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $31,000
- Annual tax amount: $4,255
- Date on market: 7/7/2026
- Cumulative days on market: 45 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
Zestimate®
$172,500
Estimated sales range
$164,000 - $181,000
Rent Zestimate®
$1,370/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Contingent | $175,000$71/sqft |
Source: eXp Realty #20261051308 Report a problem | ||
| 7/7/2026 | Listed for sale | $175,000-7.8%$71/sqft |
Source: eXp Realty #20261051308 Report a problem | ||
| 6/17/2026 | Listing removed | $189,900$77/sqft |
Source: | ||
| 6/15/2026 | Listed for sale | $189,900-13.6%$77/sqft |
Source: | ||
| 4/24/2026 | Listing removed | $1,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2026 | Listing removed | $219,900$89/sqft |
Source: | ||
| 4/16/2026 | Price change | $1,300+4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2026 | Price change | $219,9000%$89/sqft |
Source: | ||
| 3/18/2026 | Price change | $1,250-16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2026 | Price change | $220,000-8.3%$89/sqft |
Source: | ||
| 2/12/2026 | Price change | $239,8000%$97/sqft |
Source: | ||
| 1/8/2026 | Listed for sale | $239,900+41.1%$97/sqft |
Source: | ||
| 11/17/2025 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2025 | Listing removed | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2025 | Listed for rent | $1,500+7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/13/2024 | Sold | $170,000$69/sqft |
Source: | ||
| 9/20/2024 | Pending sale | $170,000$69/sqft |
Source: | ||
| 8/8/2024 | Listed for sale | $170,000$69/sqft |
Source: | ||
| 6/11/2024 | Pending sale | $170,000$69/sqft |
Source: | ||
| 5/30/2024 | Listed for sale | $170,000$69/sqft |
Source: | ||
| 5/13/2024 | Pending sale | $170,000$69/sqft |
Source: | ||
| 4/24/2024 | Listed for sale | $170,000+608.3%$69/sqft |
Source: | ||
| 4/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Price change | $1,400-9.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2024 | Listed for rent | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2023 | Sold | $24,000-7.3%$10/sqft |
Source: Public Record Report a problem | ||
| 1/26/2023 | Pending sale | $25,900+159%$11/sqft |
Source: | ||
| 5/9/2022 | Sold | $10,000+33.3%$4/sqft |
Source: Public Record Report a problem | ||
| 5/22/2013 | Sold | $7,500$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $25,500 +23.2% |
| 2024 | -- | $20,700 +26.2% |
| 2023 | -- | $16,400 +30.2% |
| 2022 | -- | $12,600 -16.6% |
| 2021 | -- | $15,100 |
| 2020 | $1,846 +53.2% | $15,100 +28% |
| 2019 | $1,205 | $11,800 +14.6% |
| 2018 | $1,205 | $10,300 +5.1% |
| 2017 | -- | $9,800 -51.2% |
| 2016 | $1,025 | $20,100 +93.3% |
| 2015 | $1,025 -2.3% | $10,400 -28.2% |
| 2013 | $1,049 +2.3% | $14,492 -30.2% |
| 2010 | $1,025 | $20,764 -12% |
| 2009 | -- | $23,595 -10.5% |
| 2008 | -- | $26,363 |
| 2007 | -- | $26,363 +5.5% |
| 2005 | $105 | $24,989 +3% |
| 2004 | -- | $24,261 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Petosky-Otsego
Nearby schools
GreatSchools rating
- 4/10Thirkell Elementary SchoolGrades: PK-8Distance: 1.2 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 0.9 mi
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