5117 University Place
Detroit, Michigan 48224
3
Bed
1
Bath
1,336Sqft
0.15Acre(Lot)
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
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Room Information
Total Rooms: 6Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1937 Building Stories: 1 1/2 Story Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.15 Lot Dimensions: 50X133.69 Frontage Feet: 50 -
Property Information
SQ ft: 1336 Subdivision: Farmbrook Financing: Cash
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Listing Price Information
Original List Price: $27,000 -
Listing Information
Possession: At Close Legal Description: W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATS, W C R 21/849 50 X 133.69
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Tax Information
Annual Tax: $3,757 Parcel Number: W21I077505S -
Possession
At Close -
Legal Information
Legal Description: Section: W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATS, W C R 21/849 50 X 133.69
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Parking Information
Has Garage: Yes Garage Size: 2 Car Garage Description: Detached -
Multi-Unit Information
Road Frontage: Paved
-
School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4850 Courville Street , Detroit, MI, 48224 | $130,000 | 3 | 1 | 1,498 | 1,498 SqFt |
| 4880 Lodewyck Street , Detroit, MI, 48224 | $8,500 | 2 | 1 | 729 | 729 SqFt |
| 4845 University Place , Detroit, MI, 48224 | $95,000 | 3 | 1 | 1,450 | 1,450 SqFt |
| 4203 Woodhall Street, Detroit, MI, 48224 | $64,000 | 4 | 1 | 1,100 | 1,100 SqFt |
| 5154 Hereford Street, Detroit, MI, 48224 | $87,000 | 3 | 1 | 960 | 960 SqFt |
| 4705 Neff Avenue , Detroit, MI, 48224 | $75,000 | 2 | 1 | 750 | 750 SqFt |
| 5951 Radnor Street , Detroit, MI, 48224 | $64,500 | 3 | 1.5 | 1,531 | 1,531 SqFt |
| 4576 Guilford Street , Detroit, MI, 48224 | $15,000 | 2 | 1 | 712 | 712 SqFt |
| 17178 Munich Street, Detroit, MI, 48224 | $44,990 | 2 | 1 | 1,140 | 1,140 SqFt |
| 17135 Munich Street , Detroit, MI, 48224 | $64,000 | 2 | 1 | 750 | 750 SqFt |
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ByOwner last updated this listing 06/18/2026 @ 10:32
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