$325,000

392 Philip St Detroit, MI 48215

$3,859
Closing credit¹
3 full
2,570 sqft
0.10 acres
$126 / sqft
Multi-Family

Property details

About 392 Philip St

Newly renovated duplex located in Jefferson Chalmers neighborhood located directly adjacent to the Detroit River. Upper unit is a 3 bedroom 2 full bath unit with a large terrace. The master bedroom has an en suite bathroom, and the kitchen is nice size and very large perfect for entertaining. The lower unit is also a nice size and fully updated as well. Both units have a large private outdoor space off the living room. Perfect opportunity or an investor looking for a turn key product or a home buyer looking to house hack.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,570 sqft
BasementYes
Lot size0.1 Acres
Year built1923
ParkingOne Car Garage
MLS #20240044103
Garage1 space

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: One Car Garage
  • Architectural Style: Duplex
  • Heating: Forced Air, Natural Gas
  • List Price: $325,000
  • Price/SqFt: $126
  • Annual Tax Amount: $979
  • Tax Year: 2024
  • Directions: Philip St & Avondale St, West of Alter
  • Year Built: 1923
  • Living Area: 2,570 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 20240044103
  • MLS Name: Realcomp II Ltd
  • Office Name: @properties Christies Intl R.E. Detroit
  • Office Phone: (313) 230-0510
  • Listing Agent: Adam W Soroka

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 10:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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392 Philip St, Detroit, MI 48215 - view of front of home with brick siding and a front lawn

$325,000

392 Philip St

$3,859

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$35,000$979
2023$26,500$979
2022$21,100$523
2021$16,700$523
2020$14,500$938
2018$10,900$938
2017$11,200$934

History based on county public records data.

Nearby schools

6

George Defer Elementary School

Public District KG-5

1.2 mi

15425 Kercheval Ave

1

Marvin L Winans Academy Elementary School

Public Charter KG-5

3.4 mi

9740 McKinney St

1

Wayne Elementary School

Public District PK-5

3.6 mi

10633 Courville St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,615. Most Detroit, MI residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

57%
<35k
41%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 392 Philip St

The listing price of 392 Philip St property is $325,000.

The property 392 Philip St is a multi located in Detroit, Michigan, 48215.

Active Listing: 392 Philip St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 392 Philip St are: George Defer Elementary School (GreatSchools Rating 6/10), Marvin L Winans Academy Elementary School (GreatSchools Rating 1/10), Wayne Elementary School (GreatSchools Rating 1/10), Carstens Elementary-Middle School (GreatSchools Rating 2/10), Detroit Merit Charter Academy (GreatSchools Rating 3/10), Pierce Middle School (GreatSchools Rating 9/10), Davis Aerospace Technical High School at Golightly (GreatSchools Rating 4/10), Pathways Academy (GreatSchools Rating 2/10), Southeastern High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $979 (source: MLS/based on county public records data).

The property 392 Philip St is 2,570 SqFt (source: MLS/tax record).

The year of construction for 392 Philip St is 1923.

This home is located at 392 Philip St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 2,570 square foot home, which was built in 1923, sits on a 0.10 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $325,000.

Detroit, MI housing market in May 2025 saw over 85 listings sold above listed price, more than 74 sold at listed price and over 169 sold below. Between April and May 2025, Detroit, MI real estate market has seen increase in the number of listings by 12.1%. Listings spent 48 days on the market in May 2025, and had a median list price of $90,022 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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