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5117 University Place, Detroit, MI 48224

$49,990
  • 5117 University Place, Detroit, MI 48224 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,336 MLS#20261022113
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONFarmbrook SCHOOLDetroit

Property Description

No Wholesalers. Investor special in Cornerstone Village with strong upside—this 3-bedroom, 1-bath home offers over 1,300 sq ft and sits in a desirable East Detroit neighborhood with solid comparable sales supporting an estimated ARV in the mid $100's. The property has fire damage and will require a full rehab but features a solid foundation, making it an ideal project for investors looking to add value. Highlights include a spacious layout and a large detached garage that was not affected by the fire, adding strong appeal for future resale or rental potential. Located in a well-established area surrounded by maintained homes and ongoing renovations, this is a prime opportunity to capitalize on continued demand. Cash or renovation financing only; property sold as-is. BATVAI

5117 University Place | MLS# 20261022113

This single family home located at 5117 University Place, Detroit, MI 48224 is currently listed for sale with an asking price of $49,990. This property was built in 1937 and has 3 bedrooms and 1 full baths with 1336 sq. ft. University Place is located in the Farmbrook subdivision within the Detroit school district. Search Farmbrook real estate on dduncan.griffithrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.15 Acres
Year Built: 1937

Feature Descriptions

Architecture: Bungalow
Days on Site: 2
Exterior: Brick
Foundation: Basement
Frontage Feet: 30
Garage/Parking: Detached
Lot Dimensions: 0.15 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $1674.0000
Winter Tax: $300.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085

Shown By

Agent Name: Diane Duncan
Agent Phone: (810) 227-1016 ext. 215
Agency Title: Griffith Realty

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Estimated Payment

$ 125.84 per month $111.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $14.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 1:00:45 AM EST) or RealComp MLS (last updated Thu 04/09/2026 12:46:11 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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