5731 Philip St Detroit, MI 48224
Chandler Park NeighborhoodEstimated payment $364/month
About This Home
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 your next family home, a turnkey rental, or your next renovation project, this property checks all the boxes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1940
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 35x106
Parking
- Garage
Home Design
- 799 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Basement
Community Details
- The Partner Land Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W21I060497S
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $745 | $17,800 | $0 | $0 |
| 2024 | $731 | $15,000 | $0 | $0 |
| 2023 | $708 | $12,200 | $0 | $0 |
| 2022 | $747 | $10,500 | $0 | $0 |
| 2021 | $634 | $5,610 | $0 | $0 |
| 2020 | $646 | $7,100 | $0 | $0 |
| 2019 | $639 | $5,670 | $0 | $0 |
| 2018 | $587 | $5,900 | $0 | $0 |
| 2017 | $114 | $6,000 | $0 | $0 |
| 2016 | $1,146 | $13,500 | $0 | $0 |
| 2015 | $1,304 | $13,500 | $0 | $0 |
| 2013 | $1,263 | $15,797 | $0 | $0 |
| 2010 | -- | $23,160 | $497 | $22,663 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | For Sale | $50,000 | -- | $63 / Sq Ft |
Source: Realcomp
MLS Number: 20261036217
APN: 21-060497
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.