9809 Philip Street, Detroit, MI 48224

• 3 beds |
• 1 bath |
• 997 sqft

Property Description

Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit's east side is the perfect addition to any investor's portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you're a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.

Listing Status:

Active

Date Added:

May 20, 2026

Data Last Updated:

July 22, 2026 at 3:48AM

Listing Office:

Real Broker, LLC Troy : 517-200-3245

Listing Agent:

Ryan Lonsway : 248-765-7691

MLS ID:

60994629

Interior

• Basement: Unfinished
• Heating: Natural GasForced Air

Exterior

• Style: Bungalow
• Parking: Parking spaces: 0

Construction

• General: BrickOne and One HalfBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: W PHILIP 301 PARK MANOR DEVELOPMENT COS PARK DR SUB L45 P42 PLATSW C R 21/670 35 X 101.50

Utilities

• Water: Public

Financial

• Source: MiRealSource