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4357 W Philadelphia Street , Detroit, MI 48204

$175,000
  • 4357 W Philadelphia Street , Detroit, MI 48204 Main Photo
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New to the Market Active
BEDS0 BATHS2 full SQUARE FEET2,462 MLS#20261051308
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONStormfeltz-Lovely Co Sub SCHOOLDetroit

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.

4357 W Philadelphia Street | MLS# 20261051308

This multi-family property located at 4357 W Philadelphia Street , Detroit, MI 48204 is currently listed for sale with an asking price of $175,000. W Philadelphia Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Common
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.08 Acres
Year Built: 1916

Amenities

Lighting

Feature Descriptions

Architecture: Colonial
Days on Site: 2
Exterior: Brick
Foundation: Basement
Frontage Feet: 35
Interior: Cable Available, Circuit Breakers, Laundry Facility, High Spd Internet Avail, Programmable Thermostat
Lot Dimensions: 0.08 Acre(s)
Road Frontage: Paved, Pub. Sidewalk
Summer Tax: $2644.0000
Water Heater: Natural Gas
Winter Tax: $1611.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: EXP Realty The Perna Team
Agency Phone: (888) 501-7085

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 1,029.94 per month $978.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $51.04 Homeowner's Insurance

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