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  • $175,000

    4357 W Philadelphia St, Detroit, MI 48204

    6beds
    2,462sqft
    : 
    $1,565/mo
    Get pre-qualified
    Multi Family
    Built in 1916
    -- sqft lot
    $172,500 Zestimate®
    $71/sqft
    $-- HOA

    What's special

    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.
    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#: 20261051308MLS Logo

      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

        $172,500

        $164,000 - $181,000

        $1,370/mo

        Price history

        DateEventPrice
        8/3/2026Contingent$175,000$71/sqft
        Source: eXp Realty #20261051308 Report a problem
        7/7/2026Listed for sale$175,000-7.8%$71/sqft
        Source: eXp Realty #20261051308 Report a problem
        6/17/2026Listing removed$189,900$77/sqft
        Source: Realcomp II #20261045028 Report a problem
        6/15/2026Listed for sale$189,900-13.6%$77/sqft
        Source: Realcomp II #20261045028 Report a problem
        4/24/2026Listing removed$1,300$1/sqft
        Source: Zillow Rentals Report a problem
        4/16/2026Listing removed$219,900$89/sqft
        Source: Realcomp II #20261001256 Report a problem
        4/16/2026Price change$1,300+4%$1/sqft
        Source: Zillow Rentals Report a problem
        3/31/2026Price change$219,9000%$89/sqft
        Source: Realcomp II #20261001256 Report a problem
        3/18/2026Price change$1,250-16.7%$1/sqft
        Source: Zillow Rentals Report a problem
        3/6/2026Price change$220,000-8.3%$89/sqft
        Source: Realcomp II #20261001256 Report a problem
        2/12/2026Price change$239,8000%$97/sqft
        Source: Realcomp II #20261001256 Report a problem
        1/8/2026Listed for sale$239,900+41.1%$97/sqft
        Source: Realcomp II #20261001256 Report a problem
        11/17/2025Listed for rent$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        11/4/2025Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        10/6/2025Listed for rent$1,500+7.1%$1/sqft
        Source: Zillow Rentals Report a problem
        12/13/2024Sold$170,000$69/sqft
        Source: MiRealSource #50152627 Report a problem
        9/20/2024Pending sale$170,000$69/sqft
        Source: MiRealSource #50152627 Report a problem
        8/8/2024Listed for sale$170,000$69/sqft
        Source: MiRealSource #50139426 Report a problem
        6/11/2024Pending sale$170,000$69/sqft
        Source: MiRealSource #50139426 Report a problem
        5/30/2024Listed for sale$170,000$69/sqft
        Source: MiRealSource #50139426 Report a problem
        5/13/2024Pending sale$170,000$69/sqft
        Source: MiRealSource #50139426 Report a problem
        4/24/2024Listed for sale$170,000+608.3%$69/sqft
        Source: MiRealSource #50139426 Report a problem
        4/23/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/15/2024Price change$1,400-9.7%$1/sqft
        Source: Zillow Rentals Report a problem
        2/20/2024Listed for rent$1,550$1/sqft
        Source: Zillow Rentals Report a problem
        2/20/2023Sold$24,000-7.3%$10/sqft
        Source: Public Record Report a problem
        1/26/2023Pending sale$25,900+159%$11/sqft
        Source: Realcomp II #20221067903 Report a problem
        5/9/2022Sold$10,000+33.3%$4/sqft
        Source: Public Record Report a problem
        5/22/2013Sold$7,500$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Petosky-Otsego

        Getting around

        16 / 100
        Car-Dependent
        53 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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