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For sale
  • Price cut: $5K (6/23)
    $85,000

    9809 Philip St, Detroit, MI 48224

    3beds
    997sqft
    : 
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    Single Family Residence
    Built in 1938
    3,484 Square Feet Lot
    $-- Zestimate®
    $85/sqft
    $-- HOA

    What's special

    Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit’s east side is the perfect addition to any investor’s portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you’re a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.
    44 days
    |
    172
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Lonsway 248-765-7691,

    Real Broker, LLC Troy 517-200-3245

    Source: Realcomp II,MLS#: 20261036412MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Second
      • Area: 192
      • Dimensions: 16 X 12
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Primary bathroom
      • Level: Entry
      Dining room
      • Level: Entry
      • Area: 80
      • Dimensions: 10 X 8
      Kitchen
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Living room
      • Level: Entry
      • Area: 144
      • Dimensions: 12 X 12
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 997 sqft
      • Finished area above ground: 997

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One And One Half
      • Stories: 1.5
      • Entry location: GroundLevelwSteps
      • Pool features: None
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 35 x 101.5
      Details
      • Parcel number: W21I060407S
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1938
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: PARK MANOR DEV COS PARK DRIVE SUB
      HOA
      • Has HOA: No
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $85/sqft
      • Tax assessed value: $6,928
      • Annual tax amount: $770
      • Date on market: 5/20/2026
      • Cumulative days on market: 44 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,304/mo

        Price history

        DateEventPrice
        6/23/2026Price change$85,000-5.6%$85/sqft
        Source: Realcomp II #20261036412 Report a problem
        5/20/2026Listed for sale$90,000+37.6%$90/sqft
        Source: Realcomp II #20261036412 Report a problem
        10/9/2025Listing removed$1,050$1/sqft
        Source: Zillow Rentals Report a problem
        9/10/2025Price change$1,050-4.5%$1/sqft
        Source: Zillow Rentals Report a problem
        8/8/2025Price change$1,100-8.3%$1/sqft
        Source: Zillow Rentals Report a problem
        7/21/2025Listed for rent$1,200+29.7%$1/sqft
        Source: Zillow Rentals Report a problem
        3/28/2025Sold$65,400-12.8%$66/sqft
        Source: Realcomp II #20250006038 Report a problem
        3/24/2025Pending sale$75,000$75/sqft
        Source: Realcomp II #20250006038 Report a problem
        3/3/2025Price change$75,000-3.8%$75/sqft
        Source: Realcomp II #20250006038 Report a problem
        2/10/2025Listed for sale$78,000+4.1%$78/sqft
        Source: Realcomp II #20250006038 Report a problem
        7/28/2024Listing removed$74,900$75/sqft
        Source: Realcomp II #20240042815 Report a problem
        7/28/2024Price change$74,900-4%$75/sqft
        Source: Realcomp II #20240042815 Report a problem
        6/18/2024Listed for sale$78,000+11.6%$78/sqft
        Source: Realcomp II #20240042815 Report a problem
        10/19/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/15/2023Listed for rent$925$1/sqft
        Source: Zillow Rentals Report a problem
        9/29/2021Sold$69,900+565.7%$70/sqft
        Source: Public Record Report a problem
        9/14/2020Sold$10,500-18.6%$11/sqft
        Source: Public Record Report a problem
        7/21/2020Price change$12,900-35.2%$13/sqft
        Source: Market Elite Inc #2200027426 Report a problem
        5/12/2020Listed for sale$19,900+945.7%$20/sqft
        Source: Market Elite Inc #2200027426 Report a problem
        9/19/2019Sold$1,903-80.8%$2/sqft
        Source: Public Record Report a problem
        9/5/2019Price change$9,927-0.7%$10/sqft
        Source: Auction.com Report a problem
        8/31/2019Price change$9,992-0.3%$10/sqft
        Source: Auction.com Report a problem
        8/27/2019Price change$10,022-0.8%$10/sqft
        Source: Auction.com Report a problem
        8/22/2019Price change$10,100-0.4%$10/sqft
        Source: Auction.com Report a problem
        8/19/2019Price change$10,143+0.1%$10/sqft
        Source: Auction.com Report a problem
        8/17/2019Price change$10,131-3%$10/sqft
        Source: Auction.com Report a problem
        8/14/2019Listed for sale$10,446-58.2%$10/sqft
        Source: Auction.com Report a problem
        12/14/2007Sold$25,000-62.2%$25/sqft
        Source: Public Record Report a problem
        12/13/2006Sold$66,120$66/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $8,100 +26.6%
        2024-- $6,400 +3.2%
        2023-- $6,200 +21.6%
        2022-- $5,100 +8.5%
        2021-- $4,700
        2020$748 +43.8%$4,700 +24.3%
        2019$520 $3,780 -7.8%
        2018$520 $4,100 -8.9%
        2017-- $4,500 -56.7%
        2016$1,328 $10,400
        2015$1,328 -8.2%$10,400 -28.1%
        2013$1,446 +8.9%$14,460 -31.8%
        2010$1,328 $21,200 -12%
        2009-- $24,091 -13.5%
        2008-- $27,851
        2007-- $27,851 +5.5%
        2005$134 $26,399 +3%
        2004-- $25,630

        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: Outer Drive-Hayes

        Getting around

        53 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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