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5117 University Place Detroit, MI $ 27,000
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5117 University Place
$ 27,000
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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).

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Single Family Active

Price

$ 27,000

Bedrooms

3

Full Bath

1

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

20261045731
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 2.0
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Year Built 1937
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name FARMBROOK
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
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 Pl
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3757.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 27827
Expected Active Date 2026-06-17
Legal Description W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATS W C R 21/849 50 X 133.69
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1336.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features TwoCarGarage Detached
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 50X133.69
Lot Size Acres 0.15
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5117
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* Excluded Features
List By
Albert Hakim

Listing Agent

Re/Max First

Broker

(586) 495-0010

Phone

Affordability Calculator

$479
Per Month
35%
65%
0%
Monthly Principal & Interest
$166
Monthly Property Taxes
$313
Monthly Home Insurance
--
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
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/18/2026$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

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