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$85,000

9809 Philip Street – 48224

Detroit, Michigan 48224

Outer Drive-Hayes Neighborhood

3 Beds

1 Baths

997 Sq FT

$85.26 Price per Sq Ft

Highlights

NoGarage

About This Home

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 Agent

Ryan Lonsway

Real Broker, LLC Troy

Listed on : May 19, 2026

Activity

Days on Market:

56

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $770

Year Built

  • Built in 1938

Lot Details

  • 0.08 Acre Lot
  • Lot Dimensions are 35X101.5

Parking

  • NoGarage

Home Design

Interior Spaces

  • 997 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48224

Utilities

  • ForcedAir, NaturalGas
  • 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.

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About Outer Drive-Hayes

Outer Drive-Hayes Learn More About Outer Drive-Hayes
eXp Realty

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