5260 University Place Detroit, MI ^$ 85,000

5260 University Place

^$ 85,000

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Recently Listed

5260 University Place

Detroit, MI, 48224

^$ 85,000

Bedrooms3 Baths1.0 Sq 954

Monthly Estimate*

^$ 537

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Single Family Home for sale in Detroit, MI

for $85,000 with 3 bedrooms and 1 full bath. This 954 square foot home was built in 1939 on a lot size of 0.15.

Welcome to 5260 University -- a move-in-ready 3-bedroom, 1-bathroom single-family home. This property is a great opportunity for a first-time buyer looking for an affordable home with room to build equity or an investor seeking to add a solid single-family property to their portfolio. Featuring three bedrooms, one full bathroom, and a move-in-ready condition, this home offers the convenience of getting started without taking on a major renovation project. Whether you're ready to stop renting and become a homeowner or looking for your next investment opportunity, this property deserves a closer look. BATVAI.

Single Family Active

Price

^$ 85,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,429

Style

Bungalow

Lot Size

0.15

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61026172

Features

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Garage Detached Garage

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1939

Subdivision Farmbrook MI

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions N. of E. Warren Ave W. of Radnor St. E. of Neff Ave. & S. of Southhampton St.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description E UNIVERSITY PL 30 FARMBROOK SUB L51 P79 PLATS W C R 21/849 48 X 133.69

DOM 0

Postal Code 48224

Price Per Sq Ft Total AG 89.1

Public Remarks Welcome to 5260 University -- a move-in-ready 3-bedroom

Interior

Basement Unfinished

Bedroom 3 Level Entry

Bedroom 1 Level Second

Bedroom 2 Level Entry

Beds 3

Fireplace? No

Total Rooms 5

Exterior

Exterior Asphalt

Frontage 48

Lot Size Area 0.15

Pool (Y/N) No

Lot Dimensions 48X133.69

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

D'Metria Wilson

Listing Agent

Ips Management Llc

Broker

dwilson@ipsmanagementllc.com

Affordability Calculator

$739

Per Month

Monthly Principal & Interest: $537
Monthly Property Taxes: $202
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 6.49% 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 ^$132,174

Percent of Sale Price 55%

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
8/31/2026	$85,000		Listed Price

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5260 University Place, Detroit, MI, 48224 is a Single Family Home for sale at $85,000 with 954 sqft and a lot size of 0.15. 5260 University Place has 3 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 6.49% 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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5260 University Place

Single Family Home for sale in Detroit, MI

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