For sale

$50,000

5731 Philip St, Detroit, MI 48224

3beds

799sqft

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Single Family Residence

Built in 1940

3,920 Square Feet Lot

$-- Zestimate^®

$63/sqft

$-- HOA

What's special

Solid bones

A fantastic opportunity for homeowners and investors looking to secure property in one of Detroit’s steadily improving east-side neighborhoods! This charming property offers incredible potential with strong rental demand, excellent location advantages, and long-term upside for savvy buyers. The neighborhood continues to see revitalization and investment, making it an attractive option for both owner-occupants and investors seeking cash flow and appreciation potential. Enjoy spacious living areas, solid bones, and the opportunity to add your personal touch or maximize rental income. Whether you’re looking for a blank canvas for your next family home or your next renovation project, this property checks all the boxes.

50 days

335

35

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Second
Area: 120
Dimensions: 12 X 10

Bedroom

Level: Entry
Area: 81
Dimensions: 9 X 9

Bedroom

Level: Entry
Area: 81
Dimensions: 9 X 9

Other

Level: Entry
Area: 56
Dimensions: 7 X 8

Kitchen

Level: Entry
Area: 90
Dimensions: 9 X 10

Living room

Level: Entry
Area: 130
Dimensions: 13 X 10

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 799 sqft
Finished area above ground: 799

Property

Parking

Total spaces: 1
Parking features: One Car Garage, Detached
Garage spaces: 1

Features

Levels: Two
Stories: 2
Entry location: GroundLevel
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 35 x 106

Details

Parcel number: W21I060497S
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: THE PARTNER LAND SUB

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $63/sqft
Tax assessed value: $6,586
Annual tax amount: $1,179
Date on market: 5/20/2026
Cumulative days on market: 50 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,209/mo

Price history

Date	Event	Price
5/20/2026	Listed for sale	$50,000$63/sqft
Source: Realcomp II #20261036217 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$15,000 +23%
2024	--	$12,200 +16.2%
2023	--	$10,500 +59.1%
2022	--	$6,600 -7%
2021	--	$7,100
2020	$646 +0.5%	$7,100 +25.2%
2019	$643	$5,670 -3.9%
2018	$643	$5,900 -1.7%
2017	--	$6,000 -55.6%
2016	$957	$13,500
2015	$957 -24.3%	$13,500 -14.5%
2013	$1,263 +32%	$15,797 -31.8%
2010	$957	$23,160 -12%
2009	--	$26,318 -13.5%
2008	--	$30,425
2007	--	$30,425 +5.5%
2005	$126	$28,839 +3%
2004	--	$27,999

Find assessor info on the county website

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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.

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