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$175,000

4357 Philadelphia Street – 48204

Detroit, Michigan 48204

Petoskey-Otsego Neighborhood

2 Baths

2462 Sq FT

$71.08 Price per Sq Ft

Highlights

HighSpeedInternetProgrammableThermostatLighting

About This Home

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.

Listing Agent

Michael Perna

EXP Realty The Perna Team

Listed on : July 7, 2026

Co-Listing Agent

Matthew Van Popering

Activity

Days on Market:

2

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 1916

Lot Details

  • 0.08 Acre Lot
  • Lot Dimensions are 35X104

Parking

Home Design

  • Lighting

Interior Spaces

  • 2,462 Sq Ft Home
  • HighSpeedInternet
  • ProgrammableThermostat

Kitchen

Flooring

Bedrooms and Bathrooms

  • 2 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48204

Utilities

  • ForcedAir, NaturalGas
  • CentralAir
  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Alaysia Means

eXp Realty

313-758-9413

mail IconContact Alaysia

Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. ​Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.

Map

About Petoskey-Otsego

Petoskey-Otsego Learn More About Petoskey-Otsego

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eXp Realty

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