For Sale
4002 W Philadelphia Street, Detroit, MI 48204
$62,500
MLS # 20261052213 (Realcomp)
Built 19220.09 acres
1 / 6
Listing Description
Major capex is already done. A brand new roof and gutters mean zero deferred maintenance up top, and the plumbing and electrical have both been upgraded. The expensive, behind-the-walls work is finished. From here, it's all upside. Windows need replacing, an easy forced-appreciation play, while a massive unfinished bungalow attic sits primed to convert into an additional bedroom. Add a bed, add rent, add value on day one. The 2-car detached garage rounds it out as an extra income stream or premium tenant draw.Ideal BRRRR or buy-and-hold. Priced to move.
Source: SparkMLS
About this home
Located in Rosa Parks in Detroit, this property offers 3-bath, with original construction dating to 1922.
Currently offered at $62,500.
Property tax estimate: $1,264 per year ($105/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.09 acres
Year Built1922
Location
CityDetroit
Zip Code48204
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed7/7/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,275
Tax Year2025
State Equalized Value$19,700
Assessed Value$19,700
Parcel #14002969.
Source: Public Records
Legal Description
N PHILADELPHIA 298 STORMFELTZ-LOVELEY CO SUB L29 P99 PLATS, W C R 14/167 36 X 104
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Scott Fader
Joseph Walter Realty, LLC
Frequently Asked Questions about 4002 W Philadelphia Street, Detroit, MI 48204
What school district is 4002 W Philadelphia Street, Detroit, MI 48204 in?
Per MLS# 20261052213, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 4002 W Philadelphia Street, Detroit, MI 48204?
Per MLS# 20261052213, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261052213, the most recent reported annual property tax for 4002 W Philadelphia Street, Detroit, MI 48204 is $2,899. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4002 W Philadelphia Street, Detroit, MI 48204 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4002 W Philadelphia Street, Detroit, MI 48204 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,264
Monthly$105
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$511
Principal & interest$405
Property taxes$105
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4002 W Philadelphia Street, Detroit, MI 48204
View full property history →
Neighborhood
Rosa Parks
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 4002 W Philadelphia Street
We'll notify you when something hits the market in Rosa Parks or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.