$79,000 for Sale
5981 university place, detroit, MI 48224
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Property Description
Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you'll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it’s perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer’s agent to verify all information.
General Information
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: lodewyck 1
Acres: 0.12
Lot Dimensions: 40X133.38
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 964 sq.ft.
Acreage: 0.12 est.
Year Built: 1948
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached, Driveway
Construction: Brick
Exterior: Brick
Garage: 2 Car
Garage Description: Detached, Driveway
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $2,615
Est. Winter Taxes: $339
Est. Summer Taxes: $2,615
Est. Winter Taxes: $339
HOA fees: 0
Legal Description: W UNIVERSITY PL 127 LODEWYCK SUB NO 1 L53 P26 PLATS, W C R 21/866 40 X 133.38A
Legal Description: W UNIVERSITY PL 127 LODEWYCK SUB NO 1 L53 P26 PLATS, W C R 21/866 40 X 133.38A
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates Inc. and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Arianna Lee of National Realty Centers, Inc, Phone: (248) 468-1444
810-600-2130
Call ReelSales Team - Residential Sales for more information about this property.
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Listings Presented by:
ReelSales Team - Residential Sales
Call:
810-600-2130 Office: 810-600-2130 |
This Single-Family Home located at
is currently for sale. This property is listed for $79,000.
5981 university place
has 3 bedrooms, approximately 964 square feet.
This home is in the detroit school district and has a lot size of 40X133.38 with 0.12 acres and was built in 1948.
5981 university place is in detroit and in ZIP Code 48224 area.
5981 university place, detroit MI, 48224
For Sale | $79,000
| 3 Bed, 1 Bath | 964 Sq Ft
MLS ID rcomi20251013249
If you have any question about this property or any others, please don't hesitate to contact me.
