For sale

Price cut: $10K (11/5)

$79,000

5981 University Pl, Detroit, MI 48224

3beds

964sqft

Est.:

Single Family Residence

Built in 1948

5,227.2 Square Feet Lot

$-- Zestimate^®

$82/sqft

$-- HOA

What's special

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.

129 days

159

12

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Second
Area: 224
Dimensions: 14 X 16

Bedroom

Level: Entry
Area: 144
Dimensions: 12 X 12

Bedroom

Level: Entry
Area: 132
Dimensions: 12 X 11

Other

Level: Entry
Area: 56
Dimensions: 8 X 7

Heating

Forced Air, Natural Gas

Appliances

Laundry: Gas Dryer Hookup, Washer Hookup

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 964 sqft
Finished area above ground: 964

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached, Driveway
Garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Entry location: GroundLevel
Patio & porch: Porch
Pool features: None

Lot

Size: 5,227.2 Square Feet
Dimensions: 40 x 133.38

Details

Parcel number: 21077459
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1948
Major remodel year: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: LODEWYCK 1

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $82/sqft
Tax assessed value: $31,395
Annual tax amount: $2,954
Date on market: 7/3/2025
Cumulative days on market: 129 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Warranty Deed

Estimated market value

Not available

Estimated sales range

Not available

$1,289/mo

Price history

Date	Event	Price
11/5/2025	Price change	$79,000-11.2%$82/sqft
Source: Realcomp II #20251013249 Report a problem
10/29/2025	Listed for sale	$89,000$92/sqft
Source: Realcomp II #20251013249 Report a problem
9/24/2025	Pending sale	$89,000$92/sqft
Source: Realcomp II #20251013249 Report a problem
8/28/2025	Price change	$89,000-5.3%$92/sqft
Source: Realcomp II #20251013249 Report a problem
7/3/2025	Listed for sale	$94,000+100%$98/sqft
Source: Realcomp II #20251013249 Report a problem