$79,900

5506 Philip St Detroit, MI 48224

$949
Closing credit¹
2 beds
1 full
765 sqft
0.09 acres
$104 / sqft
House

Property details

About 5506 Philip St

This charming century old farmhouse cottage boast beautiful details, original moldings and lots of character. This small but spacious abode is refreshing and full of color. The serene bathroom is filled with natural light and the quintessential clawfoot tub. The vintage built-in kitchen cabinetry displays craftsmanship and is full of personality. Straight out of a storybook, this one of a kind space is ready to welcome its next chapter.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size765 sqft
Lot size0.09 Acres
Year built1920
ParkingAttached
MLS #25014118
Attached garage1 space

Summary

  • Full Bathrooms: 1
  • Basement: No
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached
  • Architectural Style: Traditional
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $79,900
  • Price/SqFt: $104
  • Annual Tax Amount: $523
  • Tax Year: 2024
  • Lot: Level
  • Directions: 94 East to Chalmers st., Left onto Chandler Park Dr., Right onto Philip st.
  • Year Built: 1920
  • Stories: 2
  • Living Area: 765 SqFt
  • Lot Size: 0.09 Acres
  • MLS Number: 25014118
  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4945
  • Listing Agent: Charles Campbell

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 7:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5506 Philip St, Detroit, MI 48224 - bungalow with a shingled roof, covered porch, fence, and a front lawn

$79,900

5506 Philip St

$949

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$9,700$523
2023$7,505$523
2022$5,700$277
2021$3,145$277
2020$3,900$516
2018$3,200$516
2017$3,200$520

History based on county public records data.

Nearby schools

1

Wayne Elementary School

Public District PK-5

1.1 mi

10633 Courville St

1

Marvin L Winans Academy Elementary School

Public Charter KG-5

1.1 mi

9740 McKinney St

6

George Defer Elementary School

Public District KG-5

1.6 mi

15425 Kercheval Ave

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 $22,302. Residents of Detroit, MI typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

73%
<35k
24%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
26%
Single, with Kids
9%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5506 Philip St

The listing price of 5506 Philip St property is $79,900.

The property 5506 Philip St is a house located in Detroit, Michigan, 48224.

Active Listing: 5506 Philip St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5506 Philip St are: Wayne Elementary School (GreatSchools Rating 1/10), Marvin L Winans Academy Elementary School (GreatSchools Rating 1/10), George Defer Elementary School (GreatSchools Rating 6/10), Ronald Brown Academy (GreatSchools Rating 1/10), J E Clark Preparatory Academy (GreatSchools Rating 1/10), Marvin L Winans Academy Middle School (GreatSchools Rating 3/10), Capstone Academy Charter Schoolmayfield (GreatSchools Rating 1/10), East English Village Preparatory Academy at Finney (GreatSchools Rating 1/10), Denby High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $523 (source: MLS/based on county public records data).

The property at 5506 Philip St has 2 bedrooms and 1 bathroom.

The property 5506 Philip St is 765 SqFt (source: MLS/tax record).

The year of construction for 5506 Philip St is 1920.

This home is located at 5506 Philip St in Detroit, MI and zip code 48224 in the Chandler Park neighborhood. This 765 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $79,900.

While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. The number of listings in Detroit, MI increased by 13.4% between March and April 2025. In April 2025 median list price was $90,000 and the average listing age was 47 days.

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

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