5117 University Place, Detroit, MI 48224

Detroit
Local realty services provided by:ERA Prime Real Estate Group
5117 University Place,Detroit, MI 48224
$27,000
  • 3 Beds
  • 1 Baths
  • 1,336 sq. ft.
  • Single family
  • Active
Listed by: albert hakim
Office: re/max first
MLS#:20261045731
Source:MI_REALCOMP

Price summary

  • Price:$27,000
  • Price per sq. ft.:$20.21

About this home

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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Home facts

  • Year built:1937
  • Listing ID #:20261045731
  • Added:33 day(s) ago
  • Updated:July 21, 2026 at 10:06 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement Description:Unfinished
  • Living area:1,336 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1937
  • Building area:1,336 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Foundation Description:Basement, Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$27,000
  • Price per sq. ft.:$20.21
  • Tax amount:$3,757

Parking

  • Parking description:Detached, Two Car Garage
  • Garage spaces:2
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