4357 W Philadelphia Street, Detroit, MI 48204
Description
Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility.Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space.A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income.Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.
Price & Status History
MLS Listing History13 listings
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| For Sale | $175,000 | — | Jul 7, 2026 | — | Realcomp | View → |
| For Sale | $175,000 | — | Jul 7, 2026 | — | Realcomp | View → |
| Canceled | $1,300 | — | Jun 15, 2026 | — | Realcomp | View → |
| Canceled | $189,900 | — | Jun 15, 2026 | — | Realcomp | View → |
| Off Market | $219,900 | — | Jan 7, 2026 | — | Realcomp | View → |
| Canceled | $1,300 | — | Sep 30, 2025 | — | Realcomp | View → |
| Sold | $1,200 | $1,500 | Jan 30, 2025 | Mar 6, 2025 | Realcomp | View → |
| Sold | $1,300 | $1,500 | Oct 29, 2024 | Jan 30, 2025 | Realcomp | View → |
| Canceled | $1,500 | — | Oct 25, 2024 | — | Realcomp | View → |
| Sold | $170,000 | $170,000 | Sep 1, 2024 | Dec 13, 2024 | MiReal | View → |
| Sold | $170,000 | $170,000 | Aug 19, 2024 | Dec 13, 2024 | MiReal | View → |
| Expired | $1,400 | — | Mar 12, 2024 | — | Realcomp | View → |
| Sold | $25,900 | $24,000 | Dec 15, 2022 | Feb 3, 2023 | Realcomp | View → |
Tax & Assessment
Property Details
Listed by Michael Perna
EXP Realty The Perna Team