Address
5117 University Place, Detroit, MI
Price
$ 27,000
Property Attributes
- ID#61003302
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodFarmbrook
- Zip48224
- StyleBungalow
- Year Built1937
- Taxes$ 3757
- Price$ 27,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1336
- Lot Size0.15 Acres
Data Source:
MiRealSource (MIRS)
Property Description
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).
| Price History | |
|---|---|
| 6/17/2026 | Listed $27,000 |
General Features
| Heating | Forced Air |
|---|---|
| Kitchen Level | Entry |
| Possession | At Close |
| Garage | Detached Garage |
| Water | Public Water |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1937 |
| Subdivision | Farmbrook |
| Style | Bungalow |
| County | Wayne |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 1 1/2 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| 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 |
| Lease Y/N | No |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash |
| Legal Description | W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATS,W C R 21/849 50 X 133.69 |
| DOM | 84 |
| 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 Features
| Living Room Level | Entry |
|---|---|
| Basement | Unfinished |
| Bedroom 3 Level | Second |
| Bedroom 1 Level | Entry |
| Bedroom 2 Level | Entry |
| Kitchen Length | 12 |
| Living Room Length | 12 |
| Bedroom 2 Width | 10 |
| Bedroom 3 Width | 12 |
| Bedroom 2 Length | 10 |
| Living Room Width | 10 |
| Bedroom 3 Length | 13 |
| Kitchen Width | 10 |
| Beds | 3 |
| Fireplace? | No |
| Total Rooms | 6 |
| Bedroom 1 Length | 11 |
| Bedroom 1 Width | 10 |
| Below Grade SqFt | 1136 |
| Above Grade SqFt | 1336 |
| Basement Y/N | Yes |
| Total SqFt Finished | 1336 |
| Bathroom 1 Length | 8 |
| Bathroom 1 Width | 5 |
Exterior Features
| Exterior | Brick |
|---|---|
| Frontage | 50 |
| Lot Size Area | 0.15 |
| Pool (Y/N) | No |
| Lot Dimensions | 50X133.69 |
| Garage # of Car | 2 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
| Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 48224
Price
Taxes
Year Built
Visits
IDX provided courtesy of Realcomp II Ltd., via REMAX First and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. The information being provided is 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.
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