11 days on rocket

4357 W Philadelphia St, Detroit, MI, 48204

$170,000

Home List Price

$2,019*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,458 SqFt
$69/SqFt
Multi
Schools Nearby

Location

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4357 W Philadelphia St, Detroit$170,000

Buyer Closing Credits

$2,019*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1916
HeatingForced Air
BasementYes
MLS #50139426
Lot Size0.08 Acres
StatusActive

About 4357 W Philadelphia St

Incredible opportunity on this completely renovated and remodeled 2-unit home, ready for immediate occupancy! Both units have separate entrances, utilities and 3 bedrooms and one full bath. Each unit has access to the basement through the rear stairwell. All electrical, furnace, hot water tank and plumbing are all new. Perfect for owner occupant as well, rent one unit and pay your mortgage. PACKAGE DEAL AVAILABLE...additional 2-unit property at 8845 Meyers to create a perfect 4-unit investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1916
  • Stories: 2
  • Living Area: 2,458 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Joe Militello

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Exterior Balcony

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

School District Information:

  • School District: Detroit City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $170,000
  • Price Per SqFt: $69/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $1,846
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

4357 W Philadelphia St vs Detroit

11 DAYS ON ROCKET

-34 Days

$170,000

+$88.9K More

$69/SqFt

-$2 Less

KEY TAKEAWAY

This property is $88.9K more than the Median Sold Price and $2/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50139426

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Joe Militello

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 8:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,846$12,600
2020$1,205$15,100
2018$1,205$10,300
2017$1,200$9,800

History based on county public records data.

Payment Calculator

$916

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5586420
3
/10

  • Voyageur Academy

  • 4321 Military St

  • 2.08 miles

  • Public Charter Grades KG-4

school-card-donut-5586421
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.15 miles

  • Public Charter Grades KG-5

school-card-donut-5586422
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.16 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,465. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›4357 W Philadelphia St

This home is located at 4357 W Philadelphia St in Detroit, MI and zip code 48204 in the Rosa Parks neighborhood. This 2,458 square foot home, which was built in 1916, sits on a 0.08 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $170,000.

Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

From Rocket Homes Real Estate and based on county public records data.

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