Multifamily Property with Detached
New
For Sale
$62,500
4002 W Philadelphia Street, Detroit, MI 48204
System upgrades include a new roof, gutters, and improved plumbing and electrical infrastructure.
Property SizeContact for details
Days on Market5
Property Features for 4002 W Philadelphia Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi Family Home
Zoning
Multi-Family
Taxes and HOA fees
Annual Taxes
$2,899
Building Details
Year Built
1922
Listing Agency:
Joseph Walter Realty, LLC
(248) 294-7848
Listed By:
Scott Fader · License #2020006263
Source:
Thebrokeragehouse
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 5 at 12:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph Walter Realty, LLC
Investment Insights
Based on property information with market context.
This multifamily property was built in 1922 and carries Multi-Family zoning. Completed improvements include a new roof and gutters, plus upgraded plumbing and electrical systems. The windows still require replacement, leaving a clearly defined scope of remaining work.
A detached 2-car garage is part of the property. The building also includes an unfinished bungalow attic that is identified for possible conversion into an additional bedroom, subject to applicable requirements and approvals. Together, these physical components present a property with completed major-system work and additional unfinished elements to evaluate.
A detached 2-car garage is part of the property. The building also includes an unfinished bungalow attic that is identified for possible conversion into an additional bedroom, subject to applicable requirements and approvals. Together, these physical components present a property with completed major-system work and additional unfinished elements to evaluate.
Key Highlights
- New roof and gutters completed
- Plumbing and electrical systems upgraded
- Detached 2‑car garage included
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - System upgrades include a new roof, gutters, and improved plumbing and electrical infrastructure.
Where is this multifamily property located?
The property is located at 4002 W Philadelphia Street Detroit, MI.
What is the asking price?
The asking price for this property is $62,500.
What are key features of this property?
This property features: New roof and gutters completed; Plumbing and electrical systems upgraded; Detached 2‑car garage included
