For Sale
4230 University Place, Detroit, MI 48224
$110,000
MLS # 20261045645 (Realcomp)
3 beds2 baths975 sqftBuilt 19510.13 acres
1 / 12
Listing Description
Calling all investors looking for a cash flowing property!! This is a tenant occupied home in a desirable neighborhood ready for you to take over. Located by downtown Grosse Pointe and minutes from downtown Detroit. Don’t miss your opportunity to call it yours! **Please do not disturb the tenant, showings are welcome with an accepted offer**
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 2-bath, 975 sq ft, with original construction dating to 1951.
Listed at $110,000 (about $113/sq ft).
Estimated annual property tax: $2,073, or about $173 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area975 sqft
Lot Size0.13 acres
Year Built1951
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/24/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,241
Tax Year2025
State Equalized Value$32,300
Assessed Value$32,300
Homestead (PRE)100%
Parcel #21077310.017
Source: Public Records
Legal Description
E UNIVERSITY PL 46 WEINHART GARDEN CT SUB L71 P82 PLATS, W C R 21/1026 42 X 135.43 NEZH CERT # 2007-3347,PARCEL # 27073347
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jennifer McNairnie
DOBI Real Estate
Frequently Asked Questions about 4230 University Place, Detroit, MI 48224
What school district is 4230 University Place, Detroit, MI 48224 in?
Per MLS# 20261045645, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261045645, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261045645, the most recent reported annual property tax for 4230 University Place, Detroit, MI 48224 is $2,463. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4230 University Place, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4230 University Place, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4230 University Place, Detroit, MI 48224 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$2,073
Monthly$173
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$886
Principal & interest$713
Property taxes$173
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4230 University Place, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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