Address
5117 University Place, Detroit, MI
Price
$ 27,000
Property Attributes
- ID#20261045731
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDet Con Mors Grat Hstn7 Mack
- NeighborhoodFARMBROOK
- Zip48224
- StyleBungalow
- Year Built1937
- Taxes$ 3757
- Price$ 27,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1336
- Lot Size0.15 Acres
Data Source:
RealComp
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 | |
|---|---|
| 6/18/2026 | Listed $27,000 |
General Features
| 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 | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | FARMBROOK |
| Garage Y/N | Yes |
| 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 | No |
| High School District | Detroit |
| MLS Area | Area05055DetConMorsGratHstn7Mack |
| Lot Size Units | Acres |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3757.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Assessed Value | 27827 |
| Expected Active Date | 2026-06-17 |
| MobileHomeRemainsYN | No |
| PostalCity | Detroit_Wayne |
| Legal Description | W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATS, W C R 21/849 50 X 133.69 |
Interior Features
| Basement | Unfinished |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1336.0 |
| Total Bedrooms | 3 |
| LivingAreaSource | PublicRecords |
| Above Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 1 |
Exterior Features
| Parking Features | TwoCarGarage, Detached |
|---|---|
| Water Source | Public |
| Foundation Details | Basement, Block |
| Spa | No |
| Lot Dimensions | 50X133.69 |
| Lot Size Acres | 0.15 |
| Waterfront Y/N | No |
| Road Frontage Type | Paved |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
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
IDX provided courtesy of Realcomp II Ltd., via Tina Pichette Team and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. 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.
Data is updated as of September 15, 2026 3:28 AM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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