Sold
656 PHILIP Street, Detroit, MI 48215
Sold on 02/11/2025 for$236,383
MLS # 20240090043 (Realcomp)
Built 19230.1 acres
1 / 32
Listing Description
2 unit brick multi-unit with incredible updates and additional vacant lots! Updated kitchen cabinetry & plenty of counterspace. Each unit has ample storage, updated baths, fresh paint, hardwood flooring and In-unit washer/dryer. Wonderful rental property or house-hacking opportunity. Sale includes Multi-unit located at 656/658 Philip, as well as the two side lots 664 & 668 Philip!
Source: SparkMLS
About this home
This 2-bath home built in 1923 sits in East Riverside in Detroit.
This home sold for $236,383.
Estimated annual property tax: $603, or about $50 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.1 acres
Year Built1923
Location
CityDetroit
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed12/5/2024
Sold Date2/10/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$402
Tax Year2025
State Equalized Value$9,400
Assessed Value$9,400
Parcel #21059997.
Source: Public Records
Legal Description
E PHILIP N 15 FT 748 S 25 FT 747 FOX CREEK SUB L25 P73 PLATS, W C R 21/295 40 X 111
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jolene L Jacobs
Good Company
Frequently Asked Questions about 656 PHILIP Street, Detroit, MI 48215
Which school district serves 656 PHILIP Street, Detroit, MI 48215?
Per MLS# 20240090043, 656 PHILIP Street, Detroit, MI 48215 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20240090043, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 656 PHILIP Street, Detroit, MI 48215?
Per public tax records, annual property taxes for this property are $689. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 656 PHILIP Street, Detroit, MI 48215 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.
Is 656 PHILIP Street, Detroit, MI 48215 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 656 PHILIP Street, Detroit, MI 48215. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 656 PHILIP Street, Detroit, MI 48215?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$603
Monthly$50
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$1,541
Principal & interest$1,491
Property taxes$50
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
656 PHILIP Street, Detroit, MI 48215
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Neighborhood
East Riverside
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Community
Detroit
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County
Wayne County
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