5981 University Place, Detroit, MI 48224

$64,000
3
BD
1
BA
964
SqFt

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Sold Price
$64,000
List Price
$79,000
Closing Date
Mar 20, 2026
Days on Market
247
MLS#
20251013249
Status
SOLD
Type
Single Family Residential
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
964

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.

Additional Information

Taxes
$2,954
Acres
0.12
Garage
Yes
Heating
Forced Air
School District
Detroit
Sewer
Public Sewer
Stories
2
Style
Bungalow
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Arianna Lee from Listing Office: National Realty Centers, Inc.

Selling Agent: Selling Office: .

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .