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.
Active
$62,000
5540 Guilford St, Detroit, MI 48224
3beds
1,169sqft
Single Family Residence
Built in 1928
6,969 Square Feet Lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
Large yardBrick constructionSpacious yardFull basementOne half bathAll-brick propertyFunctional layout
- 65 days |
- 268 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Charles Campbell 561-632-9673,
ListWithFreedom.com 855-456-4945
Source: MichRIC,MLS#: 26019543
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Hot Water
Appliances
- Laundry: Main Level
Features
- Flooring: Tile, Vinyl, Wood
- Basement: Other
- Number of fireplaces: 1
Interior area
- Total structure area: 1,169
- Total interior livable area: 1,169 sqft
- Finished area below ground: 0
Property
Features
- Stories: 1
Lot
- Size: 6,969 Square Feet
- Dimensions: 40 x 110
- Features: Level
Details
- Parcel number: 21075676.
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Other
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $15,595
- Annual tax amount: $1,236
- Date on market: 5/2/2026
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,493/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Listed for sale | $62,000$53/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $33,500 +33.5% |
| 2024 | -- | $25,100 +38.7% |
| 2023 | -- | $18,100 +24.8% |
| 2022 | -- | $14,500 +10.7% |
| 2021 | -- | $13,100 |
| 2020 | $1,680 +53.2% | $13,100 +17% |
| 2019 | $1,096 | $11,200 +13.1% |
| 2018 | $1,096 | $9,900 -2.9% |
| 2017 | -- | $10,200 -26.1% |
| 2016 | $1,924 | $13,800 |
| 2015 | $1,924 -2.4% | $13,800 -29.9% |
| 2013 | $1,970 +2.4% | $19,699 -31.8% |
| 2010 | $1,924 | $28,881 -18% |
| 2009 | -- | $35,221 -14% |
| 2008 | -- | $40,955 |
| 2007 | -- | $40,955 +5.5% |
| 2005 | $228 | $38,820 +3% |
| 2004 | -- | $37,689 +121.1% |
| 2001 | $1,109 +12.2% | $17,045 +3.2% |
| 2000 | $989 | $16,517 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Cornerstone Village
Nearby schools
GreatSchools rating
- 3/10Marquette Elementary-Middle SchoolGrades: PK-8Distance: 0.7 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48224
- Cornerstone Village
- 5540 Guilford St








