5117 University Place, Detroit, MI 48224

• 3 beds |
• 1 bath |
• 1,336 sqft

Property Description

Great investment opportunity in Detroit's Cornerstone Village neighborhood! This 3-bedroom, 1-bath home offers over 1,300 square feet and has tons of potential for the right investor. The property experienced fire damage and will need a full renovation, but it sits on a solid foundation and provides a great opportunity to add value. Features include a spacious floor plan and a large detached garage that was not affected by the fire. Located in an established neighborhood with many updated and well-maintained homes nearby, this property has strong upside for resale or rental income. Cash buyers only. Sold as-is. Buyer to verify all information (BATVAI).

Listing Status:

Active

Date Added:

June 17, 2026

Data Last Updated:

June 19, 2026 at 3:45PM

Listing Office:

RE/MAX First : 586-799-8000

Listing Agent:

Albert Hakim : 586-495-0010

MLS ID:

61003302

Interior

• Basement: Unfinished
• Heating: Natural GasForced Air

Exterior

• Style: Bungalow
• Parking: Parking spaces: 2

Construction

• General: BrickOne and One HalfBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: W UNIVERSITY PL 10 FARMBROOK SUB L51 P79 PLATSW C R 21/849 50 X 133.69

Utilities

• Water: Public

Financial

• Source: MiRealSource