5220 University Place, Detroit, MI 48224

$58,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,001 Lot Size (sq. ft.): 6,534 Status: Pending
Current Price: $58,000 List Date: 2/10/2026 Last Modified: 6/13/2026

Overview

Description

Great investment property set on a huge double lot, A huge double lot right next door is a separate parcel that can be purchased as a package to develop, put a tiny home, container home, extend, fence in or grow a garden, the possiblities are endless. Entertaining at home would be epic! Can be sold as a pakage or solo. MLS 25053085 Will entertain all reasonable offers. Probate property subject to court approval. Motion has already been filed, just need an offer.

Listing Details MLS# 25053083

Location Property Info

County
Wayne
Street #
5220
Street Name
University
Suffix
Place
State
MI
Zip Code
48224
Zip (4)
1370

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.15
Lot Square Footage
6534
Lot Dimensions
0.15
Year Built
1925
Road Frontage
48
Garage Y/N
Yes
Garage Spaces
Yes
Total Fireplaces
Yes
Income Property
Yes
Total Rooms AG
6
Total Fin SqFt All Levels
1001
SqFt Above Grade
1001
Below Grade Unfinished SqFt
376
Building Total SqFt
1001
Total Beds Above Grade
Yes
Total Bedrooms
2
Full Baths
Yes
Total Baths
Yes
Main Level Primary
No
Stories
Yes
School District
East Detroit
Association YN
No
Waterfront
No
Basement
Yes
Below Grade Finished SqFt
0

Tax Info

Tax ID #
21077344.
Taxable Value
15850
SEV
39000
For Tax Year
2025
Seller's Annual Property Tax
1408
Tax Year
2025
Spec Assessment & Type
none
Homestead %
0

Status Change Info

Under Contract Date
2026-03-16

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Main Rooms

Main Bedrooms
Yes
Main Level SQFT
0

Basement Rooms

Total Basement SQFT
376
Basement Finished SQFT
0

Terms Available

Land Contract Down Payment
0.25
Land Contract Interest Rate
9%
Land Contract Terms (# Months)
24-36
Cash
Yes
Conventional
Yes
Land Contract
Yes

Location & Property Info

Cross Streets
Southampton and Frankfort Ave
Property Sub-Type
Single Family Residence
Area
Wayne County - 100
Municipality
Detroit City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
57.94
Ownership Type
Private Owned

Remarks & Misc

Public Remarks
Great investment property set on a huge double lot, A huge double lot right next door is a separate parcel that can be purchased as a package to develop, put a tiny home, container home, extend, fence in or grow a garden, the possiblities are endless. Entertaining at home would be epic! Can be sold as a pakage or solo. MLS 25053085 Will entertain all reasonable offers. Probate property subject to court approval. Motion has already been filed, just need an offer.
Legal
E UNIVERSITY PL 26 FARMBROOK SUB L51 P79 PLATS, W C R 21/849 48 X 133.69

Sewer

Public Sewer
Yes

Water

Public
Yes

Laundry Features

In Basement
Yes

Exterior Material

Brick
Yes

Roofing

Shingle
Yes

Parking Features

Detached
Yes
Garage Faces Front
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

Other
Yes

Heat Type

Forced Air
Yes

Lower Rooms

Lower Bedrooms
Yes
Lower Full Baths
Yes
Lower Finished SQFT
1001
Total Lower SQFT
1001

Substructure

Michigan Basement
Yes

Water Heater

Natural Gas
Yes

Architectural Style

Bungalow
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick Roofing: Shingle Substructure: Michigan Basement Sewer: Public Sewer Water: Public Heat Source: Natural Gas Heat Type: Forced Air Water Heater: Natural Gas Parking Features: Detached; Garage Faces Front Architectural Style: Bungalow Terms Available: Cash; Conventional; Land Contract Possession: Close Of Escrow Sale Conditions: Other

Room Information

Room NameLevel
Primary BedroomUpper
Bedroom 2Main
Primary BathroomMain
IDX
Listing Office: eXp Realty, LLC
Listing Agent: Nancy Brooks
Source MLS Verified
Last Updated: June - 13 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.