5042 Philip Street
Detroit, Michigan 48224
3
Bed
1.5
Bath
1,614Sqft
0.14Acre(Lot)
Showing on 9/2/2026, Wednesday 1pm - 2pm. Call to confirm!! Solid 3-bedroom, 1 and 1/2-bath brick home with plenty of potential. The property features a huge unfinished attic that could provide additional living space or potentially be converted into a fourth room, buyer to verify intended use and requirements. The roof will need to be replaced. Unlike many fire-damaged properties, portions of the home remain salvageable, offering an opportunity to restore and renovate rather than start from scratch. Sold as-is. Bring your vision and make this property your own. Room dimensions are estimates. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1.5 Full Baths: 1 Half Baths: 1 -
Room Information
Total Rooms: 7 Porches: PorchInterior Features
Roof: Asphalt Basement Description: Unfinished Fireplace: Yes -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasFireplace
Living RoomWater Heater
Natural Gas
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Building Information
Year Built: 1936 Building Stories: 1 1/2 Story Fireplace: Living Room Roof: Asphalt Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Lighting,Fenced Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.14 Lot Dimensions: 40X150 Frontage Feet: 40 -
Property Information
SQ ft: 1614 Subdivision: Jefferson Park Land Co Ltd 1 Financing: Cash
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Listing Price Information
Original List Price: $29,900 -
Listing Information
Possession: At Close Legal Description: E PHILIP 843 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 40 X 150
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Tax Information
Annual Tax: $1,695 Parcel Number: W21I060273S -
Possession
At Close -
Legal Information
Legal Description: Section: E PHILIP 843 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 40 X 150
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
-
School Information
School District: Detroit -
Fire Place Information
Fire Place: Yes Fire Place Location: Living Room -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5808 Wayburn Street , Detroit, MI, 48224 | $158,000 | 3 | 2 | 1,176 | 0.09 Acre |
| 9910 Somerset Avenue , Detroit, MI, 48224 | $85,000 | 3 | 1 | 1,163 | 0.09 Acre |
| 4209 Harvard Road , Detroit, MI, 48224 | $234,900 | 3 | 1.5 | 1,650 | 0.12 Acre |
| 3640 Devonshire Road , Detroit, MI, 48224 | $190,000 | 3 | 1.5 | 1,200 | 0.11 Acre |
| 5737 Harvard Road , Detroit, MI, 48224 | $259,900 | 3 | 2.5 | 1,601 | 0.13 Acre |
| 5225 Three Mile Drive , Detroit, MI, 48224 | $142,900 | 3 | 1 | 1,456 | 0.11 Acre |
| 10521 Somerset Avenue , Detroit, MI, 48224 | $85,000 | 3 | 1.5 | 1,323 | 0.11 Acre |
| 12390 Duchess Street , Detroit, MI, 48224 | $120,000 | 3 | 1 | 1,155 | 0.11 Acre |
| 3438 Balfour Road , Detroit, MI, 48224 | $375,000 | 4 | 3 | 1,919 | 0.15 Acre |
| 12540 E Outer Drive , Detroit, MI, 48224 | $235,000 | 3 | 2 | 1,661 | 0.13 Acre |
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ByOwner last updated this listing 09/08/2026 @ 11:25
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