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.
Sold for $64,000
$64,000
5981 University Pl, Detroit, MI 48224
3beds
964sqft
Single Family Residence
Built in 1948
5,227.2 Square Feet Lot
$64,900 Zestimate®
$66/sqft
$1,307 Estimated rent
Home value
$64,900
$60,000 - $71,000
$1,307/mo
Zestimate® history
Owner options
List your home for rent
$1,307/mo
Rent Zestimate®
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$1,307/mo
Rent Zestimate®
Refinance and save
$368/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$368/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Arianna Lee 313-401-9190,
National Realty Centers, Inc,
Ryan Donahue 734-377-3203,
National Realty Centers, Inc
Bought with:
Christine Sterling, 6501462157
EXP Realty Main
Source: Realcomp II,MLS#: 20251013249
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
- Entry location: GroundLevel
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 5,227 sqft
- 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 & neighborhood
Location
- Region: Detroit
- Subdivision: LODEWYCK 1
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $64,000+36.2%$66/sqft |
Source:  Realcomp II #20251013249 Report a problem | ||
| 8/21/2024 | Sold | $47,000-34.7%$49/sqft |
Source: Public Record Report a problem | ||
| 6/10/2022 | Sold | $72,000+16.1%$75/sqft |
Source: Public Record Report a problem | ||
| 1/19/2021 | Sold | $62,000-22.4%$64/sqft |
Source: Public Record Report a problem | ||
| 12/11/2018 | Sold | $79,908+24.7%$83/sqft |
Source: Public Record Report a problem | ||
| 1/30/2006 | Sold | $64,100-55%$66/sqft |
Source: Public Record Report a problem | ||
| 12/20/2004 | Sold | $142,592+5.6%$148/sqft |
Source: Public Record Report a problem | ||
| 7/30/2004 | Sold | $135,000+104.5%$140/sqft |
Source: Public Record Report a problem | ||
| 8/29/2003 | Sold | $66,000-7.8%$68/sqft |
Source: Public Record Report a problem | ||
| 3/1/2002 | Sold | $71,606+19.3%$74/sqft |
Source: Public Record Report a problem | ||
| 4/18/2000 | Sold | $60,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $40,200 +34.4% |
| 2024 | -- | $29,900 +21.1% |
| 2023 | -- | $24,700 +27.3% |
| 2022 | -- | $19,400 +10.9% |
| 2021 | -- | $17,500 |
| 2020 | $850 +52.5% | $17,500 +18.2% |
| 2019 | $557 | $14,800 +11.3% |
| 2018 | $557 | $13,300 -2.2% |
| 2017 | -- | $13,600 -31.3% |
| 2016 | $2,399 | $19,800 |
| 2015 | $2,399 +52.1% | $19,800 -10.2% |
| 2013 | $1,577 -34.3% | $22,044 -31.8% |
| 2010 | $2,399 | $32,320 -18% |
| 2009 | -- | $39,415 -14% |
| 2008 | -- | $45,831 |
| 2007 | -- | $45,831 +5.5% |
| 2005 | $531 | $43,442 +3% |
| 2004 | -- | $42,177 +8.7% |
| 2001 | $2,526 +36.2% | $38,800 +25.3% |
| 2000 | $1,854 | $30,977 |
Find assessor info on the county website
Neighborhood: Cornerstone Village
Nearby schools
GreatSchools rating
- 3/10Marquette Elementary-Middle SchoolGrades: PK-8Distance: 0.3 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 0.6 mi
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Estimated market value
$64,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$64,900
- Michigan
- Wayne County
- Detroit
- 48224
- Cornerstone Village
- 5981 University Pl
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