$62,000
5540 Guilford Street, Detroit, MI 48224
Detroit, MI 48224
At a glance
About this home
This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use. The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision. The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan. Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside.
Property details
Living area
- Living area
- 1,169 sq ft
Interior
- Flooring
- Tile, Vinyl, Wood
- Fireplace
- Yes
- Fireplaces
- 1
- Total rooms
- 6
Bedrooms & bathrooms
- Bedrooms
- 3
- Full baths
- 1
- Half baths
- 1
- Main-level bedrooms
- 3
Basement / lower level
- Basement
- Other
Heating & cooling
- Heating
- Hot Water
Exterior
- Construction
- Brick
- Architectural style
- Ranch
- Roof
- Other
Lot & property
- Lot size
- 0 acres
- Lot dimensions
- 40x110
- Lot features
- Level
- Year built
- 1928
- Property type
- Single Family Residence
- Stories
- 1
Utilities
- Sewer
- Public
- Water source
- Public
Financial & taxes
- Annual taxes
- $1,237
- Assessed value
- $15,595
- Tax year
- 2025
Schools
- District
- Detroit
Listing details
- MLS #
- 26019543
- Listed on
- 2026-05-02
- County
- Wayne
Estimated monthly payment
Estimate only, not a loan offer. Includes estimated PMI (under 20% down). Taxes and insurance are estimates ... your lender will confirm exact figures.
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Location
Listing courtesy of ListWithFreedom.com · ccampbell@listwithfreedom.com
Information Deemed Reliable But Not Guaranteed.
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Listings displayed through Broker Reciprocity (IDX), brokered by Remerica United Realty.
Updated: 10/29/26
Information Deemed Reliable But Not Guaranteed.
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