For Sale
58 E Philadelphia Street E, Detroit, MI 48202
$575,000
MLS # 20261048280 (Realcomp)
Built 19080.14 acres
1 / 24
Listing Description
Freshly renovated and ready for its next chapter, this turnkey duplex in Detroit's resurgent North End — on the edge of New Center — delivers the opportunity savvy buyers are searching for. Two fully separate units, each with its own private entrance, brand-new kitchen, and brand-new bath, offer instant flexibility: live in one, lease the other, and let your investment work while you do.This is the house hack done right. Owner-occupants can offset their mortgage with income from the second unit, while investors gain a move-in-ready asset in one of the city's fastest-evolving corridors.The location speaks for itself. Positioned near Woodward and John R, you're minutes from the cultural pulse of New Center and Midtown, downtown's dining, sports, and year-round events, with a QLine stop nearby for effortless access along the Woodward corridor. Henry Ford Health, Wayne State, and Detroit's major institutions are all within easy reach.Modern finishes, two-unit income potential, and a true walk-to-everything address — this one rewards a closer look. Schedule your private showing today.Separate utility meters per unit.
Source: SparkMLS
About this home
Located in Middle Woodward in Detroit, this property offers 2-bath, with original construction dating to 1908.
Currently offered at $575,000.
Estimated annual property tax: $12,798, or about $1,067 monthly. 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
Bathrooms2
Lot Size0.14 acres
Year Built1908
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementMichigan Basement
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/24/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$15,026
Tax Year2025
State Equalized Value$199,400
Assessed Value$199,400
Parcel #01002603.
Source: Public Records
Legal Description
S PHILADELPHIA 98 BELA HUBBARDS L21 P7 PLATS, W C R 1/111 50 X 125
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kristi Mishaw
Berkshire Hathaway HomeServices The Loft Warehouse
Frequently Asked Questions about 58 E Philadelphia Street E, Detroit, MI 48202
What school district is 58 E Philadelphia Street E, Detroit, MI 48202 in?
Per MLS# 20261048280, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261048280, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261048280, the most recent reported annual property tax for 58 E Philadelphia Street E, Detroit, MI 48202 is $25,832. 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 58 E Philadelphia Street E, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 58 E Philadelphia Street E, Detroit, MI 48202 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 58 E Philadelphia Street E, Detroit, MI 48202 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. Water: Public. 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.
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Tax Estimate
$
Annual tax$12,798
Monthly$1,067
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
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%
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Monthly payment$4,796
Principal & interest$3,729
Property taxes$1,067
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
58 E Philadelphia Street E, Detroit, MI 48202
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Neighborhood
Middle Woodward
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Community
Detroit
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County
Wayne County
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