5117 University Place Detroit MI 48224 MLS #20261045731

5117 University Place
Detroit, MI, 48224
$27,000
3 Beds
1 Baths
1,336 SqFt
0.15 Acres
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MLS #20261045731 image #0
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).

Property Details

Price:
$27,000
MLS #:
20261045731
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
FARMBROOK
Neighborhood:
area05055detconmorsgrathstn7mack
Listed Date:
Jun 17, 2026
Finished Sq Ft:
1,336
Year Built:
1937
Short SaleBungalowArea05055detconmorsgrathstn7mackArea05055detconmorsgrathstn7mackFarmbrookDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
1336
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Levels
One And One Half

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Garage Spaces
2
Parking Features
TwoCarGarage, Detached

Financial

Taxes
$3,757

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Jun 20, 2026
3,853
Single Family Listed
125
Avg DOM
95
Avg $ / SqFt
$152,943
Avg List Price

Property Summary

    Located in the FARMBROOK subdivision, 5117 University Place Detroit MI is a Single Family for sale in Detroit, MI, 48224. It is listed for $27,000 and features 3 beds, 1 baths, and has approximately 1,336 square feet of living space, and was originally constructed in 1937. The current price per square foot is $20. The average price per square foot for Single Family listings in Detroit is $95. The average listing price for Single Family in Detroit is $152,943. To schedule a showing of MLS#20261045731 at 5117 University Place in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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