Address
1544 W Philadelphia Street, Detroit, MI
Price
$ 18,000
Property Attributes
  • ID#61016377
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodHome Sub
  • Zip48206
  • StyleColonial
  • Year Built1915
  • Taxes$ 1143
  • Price$ 18,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1172
  • Lot Size0.07 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Detroit Land Bank Authority opportunity in the sought-after Virginia Park neighborhood! This historic home is ready for a complete renovation and offers endless potential for investors, developers, or owner-occupants looking to restore a classic Detroit property. Ideally located just minutes from New Center, Midtown, the Motown Museum, Henry Ford Hospital, Wayne State University, and Downtown Detroit. The surrounding area continues to experience significant residential redevelopment, new investment, and neighborhood revitalization while maintaining its historic character. Convenient access to major freeways, public transit, parks, dining, shopping, and cultural attractions makes this an exceptional opportunity to invest in one of Detroit's growing communities. Purchaser to comply with all Detroit Land Bank Authority requirements. Sold as-is. Located in an area experiencing continued residential investment and revitalization Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Price History
7/30/2026 Listed $18,000

General Features

Heating Hot Water
Kitchen Level Entry
Possession At Close
Water Public Water
Status Active
Full Baths 1
Bathrooms 1
Year Built 1915
Subdivision Home Sub
Style Colonial
County Wayne
Class RESIDENTIAL
Type Single Family
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions E of Rosa Parks / N of Grand Blvd
City Detroit
School District Detroit City School District
Lease Y/N No
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash
Legal Description N PHILADELPHIA S 98.03 32 HOME SUB L16 P69 PLATS,W C R 6/113 30 X 98.03
DOM 56
Postal Code 48206
Price Per Sq Ft Total AG 15.36
Public Remarks Detroit Land Bank Authority opportunity in the sought-after Virginia Park neighborhood! This historic home is ready for a complete renovation and offers endless potential for investors,developers

Interior Features

Dining Room Level Entry
Living Room Level Entry
Basement Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Second
Kitchen Length 10
Living Room Length 12
Bedroom 2 Width 11
Bedroom 3 Width 10
Dining Room Width 13
Bedroom 2 Length 10
Living Room Width 15
Bedroom 3 Length 9
Dining Room Length 11
Kitchen Width 11
Beds 3
Fireplace? No
Total Rooms 7
Bedroom 1 Length 11
Bedroom 1 Width 13
Below Grade SqFt 586
Above Grade SqFt 1172
Basement Y/N Yes
Total SqFt Finished 1172

Exterior Features

Exterior Aluminum
Frontage 30
Lot Size Area 0.07
Pool (Y/N) No
Lot Dimensions 30X98.03
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48206

Price
AVG $260K
$20K
Taxes
AVG $2,858
$1,143
Year Built
AVG 1920
1915
Visits
AVG 66
25
Data Provided by Inside Real Estate®

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