5117 University Place
Detroit, MI, 48224
$27,000
3 Beds
1 Baths
1,336 SqFt
0.15 Acres
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$27,000
5117 University Place
Detroit, MI, 48224
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:
Single Family Residence
Listed Date:
Jun 17, 2026
Finished Sq Ft:
1,336
Total Sq Ft:
1,336
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1937
Detroit

Schools

School District:
Detroit

Interior

Bathrooms
1 Full Bathroom
Heating
Forced Air

Exterior

Construction Materials
Brick
Garage Spaces
2
Parking Features
Detached
Stories
2

Financial

Taxes
$3,757
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Current real estate data for Single Family in Detroit as of Sep 17, 2026
3,980
Single Family Listed
132
Avg DOM
85
Avg $ / SqFt
$151,080
Avg List Price

Community

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Property Summary

    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 $85. The average listing price for Single Family in Detroit is $151,080.
5117 University Place
Detroit, MI

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