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  • $62,000

    5540 Guilford St, Detroit, MI 48224

    3beds
    1,169sqft
    : 
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    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
    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.
    65 days
    |
    268
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles Campbell 561-632-9673,

    ListWithFreedom.com 855-456-4945

    Source: MichRIC,MLS#: 26019543MLS Logo

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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

        DateEventPrice
        5/2/2026Listed for sale$62,000$53/sqft
        Source: MichRIC #26019543 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        57 / 100
        Somewhat Walkable
        50 / 100
        Good Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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