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5540 Guilford Street, Detroit, MI 48224 (Sold on )

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 $62,000

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  • 3 BedBeds
  • 2 BathBaths
  • 1,169 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 26019543

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Property Description

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. This is a great opportunity for those experienced in renovation projects or looking to expand their portfolio with a property that can be transformed through TLC and thoughtful updates.


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Property Details 5540 Guilford Street, Detroit, MI 48224

General

  • MLS#: 26019543
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 05/02/2026
  • Year Built: 1928
  • County: Wayne
  • Beds: 3
  • Full Bath: 1
  • Half Bath: 1
  • Total Baths: 2
  • Annual Property Tax: $1,236.79
  • Association Fee: $0

Schools

  • School District: Detroit

Structure

  • Stories: 1
  • Roof: Other

Size & Lot

  • Sq.Ft.: 1,169

Utilities

  • Sewer: Public
  • Water: Public
  • Heat Type: Hot Water

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