Address
4357 W Philadelphia Street, Detroit, MI
Price
$ 175,000
Property Attributes
  • ID#61010254
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodStormfeltz-Lovely Co Sub
  • Zip48204
  • StyleColonial
  • Year Built1916
  • Taxes$ 4255
  • Price$ 175,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2462
  • Lot Size0.08 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility. Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space. A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income. Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.

Price History
7/13/2026 Listed $175,000

General Features

Heating Forced Air
Cooling Central A/C
Possession Negotiable (Possession)
Water Public Water
Status Active
Full Baths 2
Bathrooms 2
Year Built 1916
Subdivision Stormfeltz-Lovely Co Sub
Water Heater Gas
Style Colonial
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 2
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Virtual Tour https://www.zillow.com/view-imx/5d9689ec-6202-455e-b40c-0a9a2b1a96fa?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Directions I-96 Exit 189 W.Grand Blvd-Right Ontow W.Gran-Left On Gd RV-Right
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional,FHA,VA
Legal Description S PHILADELPHIA 222 STORMFELTZ-LOVELEY CO SUB L29 P99 PLATS,W C R 14/167 35 X 104
DOM 72
Postal Code 48204
Price Per Sq Ft Total AG 71.08
Public Remarks Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027,generating $1,300 per month

Interior Features

Interior Amenities Cable/Internet Avail.,DSL Available
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Bedroom 4 Width 10
Bedroom 2 Width 10
Bedroom 3 Width 10
Bedroom 4 Length 11
Bedroom 2 Length 11
Bedroom 3 Length 11
Bedroom 5 Length 11
Beds 6
Fireplace? No
Total Rooms 8
Bedroom 6 Length 11
Bedroom 5 Width 9
Bedroom 6 Width 9
Bedroom 1 Length 11
Bedroom 1 Width 10
Bedroom 6 Level Second
Below Grade SqFt 1231
Above Grade SqFt 2462
Basement Y/N Yes
Total SqFt Finished 2462
Bathroom 1 Length 8
Bathroom 1 Width 5
Bathroom 2 Length 8
Bathroom 2 Width 5

Exterior Features

Exterior Brick
Exterior Amenities Porch
Frontage 35
Lot Size Area 0.08
Pool (Y/N) No
Lot Dimensions 35X104
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48204

Price
AVG $80K
$180K
Taxes
AVG $1,341
$4,255
Year Built
AVG 1927
1916
Visits
AVG 157
28
Data Provided by Inside Real Estate®

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