663 Philip Street
Detroit, MI 48215
Improved Land · MLS # 20261090111 · Listing courtesy of Nika & Co
About this home
Incredible Investment Opportunity in Detroit's Jefferson Chalmers neighborhood! This is your chance to own a fenced lot in this rapidly-growing community, known for its historic canals & riverfront charm. Zoned Residential for single-family or multi-family homes. The current owner added a beautiful wooden fence and used the lot as a garden and green space. A new owner could continue to use this as their own personal garden or even make it a community garden. The possibilities are endless! The lot has alley access making it easy to get in and out. Located just minutes from local restaurants & shops - Yellow Light Coffee & Donuts, Antidote Detroit, Detroit Soul, Coriander Kitchen & Farm, and much more! Less than a 20 minute walk (or 4 minute drive) to the new & improved Alfred Brush Ford Park along the Detroit River! Local & Federal Investments coming to the area include a $130 Million Pump Station Improvement Project & New Pump Station, $21 Million towards Canal & Seawall Projects, & the $21 Million Jefferson Avenue Apartments bringing 52 new affordable housing units to the neighborhood!
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
Property taxes for a new owner
The current owner pays about $111 a year. A buyer who lives here would pay about $89 to $632 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
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IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 4:29 PM.