$75,000 for Sale
9809 philip street,
detroit,
MI
48224
| Beds 3 | Baths 1 | 997 Sqft | 0.08 Acres |
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Property Description
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.
General Information
Sale Price: $75,000
Price/SqFt: $75
Status: Active
MLS#: 20261036412
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: park manor dev cos park drive sub
Acres: 0.08
Lot Dimen: 35X101.5
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 997 sq.ft.
Acreage: 0.08 est.
Year Built: 1938
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dining Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation: Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: Yes
Est. Summer Taxes: $770
Est. Winter Taxes: $0
Legal Description: W PHILIP 301 PARK MANOR DEVELOPMENT COS PARK DR SUB L45 P42 PLATS, W C R 21/670 35 X 101.50
IDX provided courtesy of Realcomp II Ltd. via Heritage Real Estate Michigan and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Ryan Lonsway of Real Broker, LLC Troy, Phone: (517) 200-3245
