Properties for sale in Michigan

5540 Guilford Street, Detroit, MI 48224

New Listing

$62,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,169 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $62,000 List Date: 5/02/2026 Last Modified: 5/02/2026

Overview

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.

Supplements: 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.

Listing Details MLS# 26019543

Location Property Info

County: Wayne
Street #: 5540
Street Name: Guilford
Suffix: Street
State: MI
Zip Code: 48224
Zip (4): 2133

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.16
Lot Square Footage: 6970
Lot Dimensions: 40x110
Year Built: 1928
Road Frontage: 40
Garage Y/N: No
Total Fireplaces: Yes
Income Property: No
Total Rooms AG: 6
Total Fin SqFt All Levels: 1169
SqFt Above Grade: 1169
Building Total SqFt: 1169
Total Beds Above Grade: 3
Total Bedrooms: 3
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
Main Level Primary: Yes
Stories: Yes
School District: Detroit
Association YN: No
Waterfront: No
Basement: Yes
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0

Tax Info

Tax ID #: 21075676.
Taxable Value: 15595
SEV: 39100
For Tax Year: 2025
Seller's Annual Property Tax: 1236.79
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: No

Remarks Misc

Directions: 1. Exit I-94 at exit 223 for M-102 / 8 Mile Road. 2. Head East on 8 Mile Road for approximately 1.5 miles. 3. Turn South (Right) onto Kelly Road. 4. Continue on Kelly Road for roughly 1.3 miles. 5. Turn South (Left) onto Whittier Avenue. 6. Turn East (Left) onto E. Warren Avenue. 7. Turn North (Left) onto Guilford Street. 8. The destination, 5540 Guilford Street, will be on your Left (West side of

Access Feat

Accessibility Features: No

More Information

Upper Rooms

Total Baths Above Grade: 2

Main Rooms

Main Bedrooms: 3
Main Full Baths: Yes
Main Half Baths: Yes
Main Level SQFT: 1169

Location & Property Info

Cross Streets: Southhampton St
Property Sub-Type: Single Family Residence
Municipality: Detroit City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 53.04

Remarks & Misc

Public Remarks: 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.
Legal: E GUILFORD 158 GROSSE PTE HIGHLANDS SUB L36 P61 PLATS, W C R 21/814 60 X 114.46

Lot Description

Level: Yes

Street Type

Paved: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes

Association Info.

Approx. Assoc Fee: 0

Laundry Features

Main Level: Yes

Exterior Material

Brick: Yes

Roofing

Other: Yes

Heat Source

None: Yes

Sale Conditions

None: Yes

Heat Type

Hot Water: Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Basement Rooms

Basement Finished SQFT: 0
Total Basement SQFT: 0

Driveway

Concrete: Yes

Substructure

Other: Yes

Water Heater

Natural Gas: Yes

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes

Architectural Style

Ranch: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Main Level Exterior Material: Brick Roofing: Other Substructure: Other Lot Description: Level Sewer: Public Sewer Water: Public Heat Source: None Heat Type: Hot Water Water Heater: Natural Gas Flooring: Tile; Vinyl; Wood Architectural Style: Ranch Driveway: Concrete Street Type: Paved Terms Available: Cash Possession: Close Of Escrow Sale Conditions: None

Room Information

Room Name	Level
Living Room	Main
Kitchen	Main
Primary Bedroom	Main

Listing Office: ListWithFreedom.com

Listing Agent: Charles Campbell

Last Updated: May - 02 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.