5117 University Place Detroit, MI ^$ 27,000

5117 University Place

^$ 27,000

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Recently Listed

5117 University Place

Detroit, MI, 48224

^$ 27,000

Bedrooms3 Baths1.0 Sq 1,336

Monthly Estimate*

^$ 166

5117 University Place, Detroit, MI 48224 - Image 1

5117 University Place, Detroit, MI 48224 - Image 2

Single Family Home for sale in Detroit, MI

for $27,000 with 3 bedrooms and 1 full bath. This 1,336 square foot home was built in 1937 on a lot size of 0.15.

Great investment opportunity in Detroit's Cornerstone Village neighborhood! This 3-bedroom, 1-bath home offers over 1,300 square feet and has tons of potential for the right investor. The property experienced fire damage and will need a full renovation, but it sits on a solid foundation and provides a great opportunity to add value. Features include a spacious floor plan and a large detached garage that was not affected by the fire. Located in an established neighborhood with many updated and well-maintained homes nearby, this property has strong upside for resale or rental income. Cash buyers only. Sold as-is. Buyer to verify all information (BATVAI).

Single Family Active

Price

^$ 27,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,757

Style

Bungalow

Lot Size

0.15

Year Built

1937

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61003302

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 1937

Subdivision Farmbrook MI

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions Head south on I-75 S (or Van Dyke Ave S) Merge onto I-94 E Take exit 224 for Cadieux Rd Turn right on Cadieux Rd heading south Turn right on University Pl Property is on the left - 5117 University P

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATS W C R 21/849 50 X 133.69

DOM 1

Postal Code 48224

Price Per Sq Ft Total AG 20.21

Public Remarks Great investment opportunity in Detroit's Cornerstone Village neighborhood! This 3-bedroom 1-bath home offers over 1

Interior

Basement Unfinished

Bedroom 3 Level Second

Bedroom 1 Level Entry

Bedroom 2 Level Entry

Beds 3

Fireplace? No

Total Rooms 6

Exterior

Exterior Brick

Frontage 50

Lot Size Area 0.15

Pool (Y/N) No

Lot Dimensions 50X133.69

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Albert Hakim

Listing Agent

Re/Max First

Broker

albert@alwayssold.com

Affordability Calculator

$479

Per Month

Monthly Principal & Interest: $166
Monthly Property Taxes: $313
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$132,103

Percent of Sale Price 389%

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
6/17/2026	$27,000		Listed Price

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5117 University Place, Detroit, MI, 48224 is a Single Family Home for sale at $27,000 with 1,336 sqft and a lot size of 0.15. 5117 University Place has 3 bedrooms, 1.0 baths, and was built in 1937. 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 6.25% 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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5117 University Place

Single Family Home for sale in Detroit, MI

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