BEDS3
BATHS1 full
SQUARE FEET997
MLS#20261036412
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPark Manor Dev Cos Park Drive Sub
SCHOOLDetroit
Property Description
Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit’s east side is the perfect addition to any investor’s portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you’re a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.08 Acres
Year Built: 1938
Feature Descriptions
Architecture: Bungalow
Days on Site: 2
Exterior: Brick
Foundation: Basement
Frontage Feet: 35
Lot Dimensions: 0.08 Acre(s)
Road Frontage: Paved
Summer Tax: $770.0000
Winter Tax: $0.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC Troy
Agency Phone: (517) 200-3245
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 529.68 per month $503.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $26.25 Homeowner's Insurance
9809 Philip Street | MLS# 20261036412
This single family home located at 9809 Philip Street, Detroit, MI 48224 is currently listed for sale with an asking price of $90,000. This property was built in 1938 and has 3 bedrooms and 1 full baths with 997 sq. ft. Philip Street is located in the Park Manor Dev Cos Park Drive Sub subdivision within the Detroit school district. Search Park Manor Dev Cos Park Drive Sub real estate on www.ikeyrealty.com today.