# 5117 University Place, Detroit, MI 48224

> **TL;DR:** 3bd/1ba single family, $49,990 ($37/sqft), built 1937, 1,336 sqft.
> Basement. Est. $217/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $49,990 |
| Price/sqft | $37 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,336 |
| Year Built | 1937 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $217 |
| **Total** | **$217** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1937
- 0.15 acre lot
- 1.5 stories

## Description

### Agent Description
No Wholesalers. Investor special in Cornerstone Village with strong upside—this 3-bedroom, 1-bath home offers over 1,300 sq ft and sits in a desirable East Detroit neighborhood with solid comparable sales supporting an estimated ARV in the mid $100's. The property has fire damage and will require a full rehab but features a solid foundation, making it an ideal project for investors looking to add value. Highlights include a spacious layout and a large detached garage that was not affected by the fire, adding strong appeal for future resale or rental potential. Located in a well-established area surrounded by maintained homes and ongoing renovations, this is a prime opportunity to capitalize on continued demand. Cash or renovation financing only; property sold as-is. BATVAI

## Location

- **Address:** 5117 University Place, Detroit, MI 48224
- **County:** Wayne
- **Neighborhood:** Farmbrook

## Listing Agent

- **Name:** Jordan White
- **Brokerage:** EXP Realty Main
- **Phone:** 3134034836
- **Email:** jnwhite5813@gmail.com

## Primary Photo

![5117 University Place - Primary Photo](http://lh.rdcpix.com/3be1a0542af47fa0c2695a6186e507d2l-f1348982591r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/5117-university-place-detroit-mi-48224-61022113)*

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**MLS#:** 20261022113 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5117-university-place-detroit-mi-48224-61022113)

---

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  "description": "No Wholesalers. Investor special in Cornerstone Village with strong upside—this 3-bedroom, 1-bath home offers over 1,300 sq ft and sits in a desirable East Detroit neighborhood with solid comparable sales supporting an estimated ARV in the mid $100's. The property has fire damage and will require a full rehab but features a solid foundation, making it an ideal project for investors looking to add value. Highlights include a spacious layout and a large detached garage that was not affected by the",
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