5220 University Place Detroit, MI ^$ 58,000

5220 University Place

^$ 58,000

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5220 University Place

Detroit, MI, 48224

^$ 58,000

Bedrooms2 Baths1.0 Sq 1,001

Monthly Estimate*

^$ 362

5220 University Place, Detroit, MI 48224 - Image 1

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5220 University Place, Detroit, MI 48224 - Image 9

Single Family Home for sale in Detroit, MI

for $58,000 with 2 bedrooms and 1 full bath. This 1,001 square foot home was built in 1925 on a lot size of 0.15.

Great investment property set on a huge double lot.A huge double lot right next door as a separate parcel to develop, put a tiny home, container home, extend, fence in or grow a garden, the possiblities are endless. Entertaining at home would be epic! Can be sold as a pakage or solo. MLS 25053085 Will entertain all reasonable offers.

Single Family Active

Price

^$ 58,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,408

Style

Lot Size

0.15

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70499732

Features

General

Heating Forced Air

Garage Detached Garage

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1925

Water Heater Gas

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Other/See Remarks

Municipality Detroit

New Construction Y/N No

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area Detroit (82001)

Primary City Detroit

City Detroit

Financial Terms Cash Conventional Land Contract

Legal Description E UNIVERSITY PL 26 FARMBROOK SUB L51 P79 PLATS W C R 21/849 48 X 133.69

DOM 49

Postal Code 48224

Price Per Sq Ft Total AG 57.94

Public Remarks Great investment property set on a huge double lot.A huge double lot right next door as a separate parcel to develop put a tiny home container home extend fence in or grow a garden

Interior

Basement MI Basement

Beds 2

Total Rooms 6

Exterior

Exterior Brick

Frontage 48

Lot Size Area 0.15

Pool (Y/N) No

Lot Dimensions 0.15

Waterfront Y/N No

* Excluded Features

List By

Nancy Brooks

Listing Agent

Exp Realty, Llc

Broker

nancy.brooks@exprealty.com

Affordability Calculator

$479

Per Month

Monthly Principal & Interest: $362
Monthly Property Taxes: $117
Monthly Home Insurance: --

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Interest Rate

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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 ^$133,523

Percent of Sale Price 130%

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.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$58,000	-3.33%	Price Down
11/12/2025	$60,000	-7.69%	Price Down
10/15/2025	$65,000		Listed Price

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5220 University Place, Detroit, MI, 48224 is a Single Family Home for sale at $58,000 with 1,001 sqft and a lot size of 0.15. 5220 University Place has 2 bedrooms, 1.0 baths, and was built in 1925. 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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5220 University Place

Single Family Home for sale in Detroit, MI

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