Discover an exceptional investment opportunity with this 20-unit multifamily property located just off Jefferson Avenue in Detroit. With 9 units currently leased, this property offers immediate income potential and room for growth. Well-positioned near major roadways and public transit for commuter convenience. This property is perfect for investors seeking steady income and long-term appreciation in a desirable Detroit location. Don’t miss this opportunity to expand your portfolio!
For sale
Price cut: $25K (3/18)
$925,000
1055 Philip St, Detroit, MI 48215
21beds
11,949sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
- 150 days
- on Zillow |
- 631 |
- 47 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2025 at 04:02am
Listed by:
Tiroca Battle 586-580-8092,
REALTEAM Real Estate 586-580-8092
Source: Realcomp II,MLS#: 20240088848

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 20
- Full bathrooms: 20
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 11,949 sqft
- Finished area above ground: 11,949
Property
Features
- Levels: Story 4 to 10
- Pool features: None
Lot
- Size: 6,534 Square Feet
- Dimensions: 60.00 x 112.00
Details
- Parcel number: W21I060751S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: POINTE VIEW JOSEPH S VISGER & EDGAR J HITCHINGS
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $33,279
- Annual tax amount: $2,975
- Date on market: 11/26/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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