5981 University Place
Detroit, MI 48224
Map
- 3 beds
- 1 bath
- 964 sqft
- 5,227 sqft lot
- $97 per sqft
- 1948 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jul 3, 2025
•
MLS# 20251013249 —
The Building
-
Year Built:1948
-
Year Remodeled:2025
-
New Construction:false
-
Construction Materials:Brick
-
Architectural Style:Bungalow
-
Levels:OneandOneHalf
-
Entry Location:Ground Level
-
Basement:Unfinished
-
Basement:true
-
Foundation Details:Basement, Block
-
Patio And Porch Features:Porch
-
Above Grade Finished Area:964.0
-
Below Grade Total Area:763
Interior
-
Fireplace:false
-
Laundry Features:GasDryerHookup, WasherHookup
Room Dimensions
-
Living Area:964.0
-
Living Area Source:PublicRecords
Location
-
Directions:Turn right on Chandler Park Dr onto University Pl
-
Cross Street:Chandler Park Dr/ University Pl
-
Latitude:42.416368
-
Longitude:-82.927821
The Property
-
Parcel Number:21077459
-
Property Type:Residential
-
Property Subtype:SingleFamilyResidence
-
Lot Size Acres:0.12
-
Lot Size Dimensions:40X133.38
-
Lot Size Units:Acres
-
Road Frontage Feet:40
-
Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 401-9190
- Office phone:
- (248) 468-1444
Taxes
-
Tax Legal Description:W UNIVERSITY PL 127 LODEWYCK SUB NO 1 L53 P26 PLATS, W C R 21/866 40 X 133.38A
-
Tax Assessed Value:31395
-
Tax Annual Amount:2954.0
Beds
-
Total Bedrooms:3
Baths
-
Total Baths:1
-
Full Baths:1
The Listing
-
Home Warranty:false
Heating & Cooling
-
Heating:ForcedAir, NaturalGas
-
Heating:true
-
Cooling:false
Utilities
-
Sewer:PublicSewer
-
Water Source:Public
Schools
-
High School District:Detroit
The Community
-
Subdivision Name:LODEWYCK 1
-
Senior Community:false
-
Pool Features:None
-
Waterfront:false
-
Association:false
Parking
-
Garage:true
-
Garage Spaces:2.0
-
Attached Garage:false
-
Parking Features:TwoCarGarage, Detached, Driveway
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$94,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$503
|
| Taxes | $246 |
| Insurance | $25 |
| Utilities | $146 See report |
| Total | $920/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/2/25
Jul 2, 2025
|
Listed / Active | REALCOMP | $94,000 | |
|
7/1/25
Jul 1, 2025
|
Delisted / Withdrawn | REALCOMP | $94,000 |
