$29,900 for Sale

5042 philip street, detroit, MI 48224

Beds 3 Baths 2 1,614 Sqft 0.14 Acres 1 of 58
Property Description
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. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed
General Information
Sale Price: $29,900
Price/SqFt: $19
Est. Payments: $196*
Status: Active
MLS#: 20261069108
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: jefferson park land co ltd 1
Acres: 0.14
Lot Dimensions: 40X150
Bedrooms:3
Bathrooms:2   (1 full, 1 half)
House Size: 1,614 sq.ft.
Acreage: 0.14 est.
Year Built: 1936
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Construction:  Brick
Exterior:  Brick
Exterior Misc:  Lighting, Fenced
Fireplaces:  1
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:  No
Est. Summer Taxes:  $770
Est. Winter Taxes:  $925
HOA fees:  0
Legal Description:  E PHILIP 843 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 40 X 150
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: TJ Brisbois of Wise Property Buyers, Phone: (734) 237-9974
(810) 845-3397 Call Teri Alexander for more information about this property.

Ask me about this property

Listings Presented by:
Teri Alexander
Call:
(810) 845-3397

Office:
(810) 600-2150

This Single-Family Home located at 5042 philip street, detroit MI, 48224 is currently for sale. This property is listed for $29,900.

5042 philip street has 3 bedrooms, 2 bathrooms, and approximately 1,614 square feet.

This home is in the detroit school district and has a lot size of 40X150 with 0.14 acres and was built in 1936.

5042 philip street is in detroit and in ZIP Code 48224 area.

If you have any question about this property or any others, please don't hesitate to contact me.