For Sale
4617 University Place, Detroit, MI 48224
$70,000
MLS # 20261043733 (Realcomp)
5 beds2 baths1,274 sqftBuilt 19280.15 acres
1 / 1
Listing Description
No access to property. Occupied by squatters. Cash buyers only.Investor special with strong upside potential. Currently configured as a two-family duplex with separate entrances and separate electric service. Upper unit features 3 bedrooms, while the lower unit offers 2 bedrooms. Property may offer the opportunity to be converted to a single-family residence. Located in a stable Detroit neighborhood near East English Village and Grosse Pointe. Ideal for investors looking for a value-add opportunity. Property sold as-is. BATVAI. Room dimensions are estimated and not guaranteed.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 5-bedroom, 2-bath, 1,274 sq ft, with original construction dating to 1928.
Currently offered at $70,000 (about $55/sq ft).
Property tax estimate: $3,652 per year ($304/month). 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
Bedrooms5
Bathrooms2
Living Area1,274 sqft
Lot Size0.15 acres
Year Built1928
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/10/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,083
Tax Year2025
State Equalized Value$56,900
Assessed Value$56,900
Parcel #21077525.
Source: Public Records
Legal Description
W UNIVERSITY PL 109 LODEWYCK SUB L46 P67 PLATS, W C R 21/816 50 X 133.69
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Deja Lee
Real Broker, LLC Troy
Frequently Asked Questions about 4617 University Place, Detroit, MI 48224
What school district is 4617 University Place, Detroit, MI 48224 in?
Per MLS# 20261043733, 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# 20261043733, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261043733, the most recent reported annual property tax for 4617 University Place, Detroit, MI 48224 is $4,048. 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 4617 University Place, Detroit, MI 48224 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4617 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.
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Tax Estimate
$
Annual tax$3,652
Monthly$304
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$758
Principal & interest$454
Property taxes$304
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
4617 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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