5290 University Place Detroit, MI ^$ 60,000

5290 University Place

^$ 60,000

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5290 University Place

Detroit, MI, 48224

^$ 60,000

Bedrooms2 Baths1.0 Sq 721

Monthly Estimate*

^$ 374

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Single Family Home for sale in Detroit, MI

for $60,000 with 2 bedrooms and 1 full bath. This 721 square foot home was built in 1939 on a lot size of 0.12.

Quaint, brick home on Detroit's Eastside with eat-in kitchen, basement and detached garage. Long term tenant paying all utilities making it income producing from day one! Ready to invest, this portfolio could be the perfect start! PROPERTY BEING SOLD IN A PACKAGE DEAL WITH 4 OTHER PROPERTIES(11461 Engleside, 5281 Marseilles, 5271 Marseilles, 5290 University and 18696 Gaylord). BATVAI. DO NOT DISTURB THE TENANTS

Single Family Active

Price

^$ 60,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,573

Style

Ranch

Lot Size

0.12

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60938856

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Garage Detached Garage

Water Public Water at Street

Status Active Accepting Backup Offers

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1939

Subdivision Marseilles Park MI

Style Ranch

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 3

Structure Style 1 Story

Area Detroit (82001)

Primary City Detroit

Directions South of Moross East of Chandler Par

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E UNIVERSITY PL 39 MARSEILLES PARK SUB L59 P80 PLATS W C R 21/946 40 X 133.69

DOM 79

Postal Code 48224

Price Per Sq Ft Total AG 83.22

Public Remarks Quaint brick home on Detroit's Eastside with eat-in kitchen basement and detached garage. Long term tenant paying all utilities making it income producing from day one! Ready to invest

Interior

Basement Unfinished

Beds 2

Fireplace? No

Total Rooms 6

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.12

Pool (Y/N) No

Lot Dimensions 40X133.69

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Angela Washington

Listing Agent

Rondo Investment Llc

Broker

angelafugarondo@yahoo.com

Affordability Calculator

$672

Per Month

Monthly Principal & Interest: $374
Monthly Property Taxes: $298
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$129,172

Percent of Sale Price 115%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2025	$60,000		Listed Price

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5290 University Place, Detroit, MI, 48224 is a Single Family Home for sale at $60,000 with 721 sqft and a lot size of 0.12. 5290 University Place has 2 bedrooms, 1.0 baths, and was built in 1939. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5290 University Place

Single Family Home for sale in Detroit, MI

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