Canceled
4845 University Place, Detroit, MI 48224
$95,000
MLS # 20251046711 (Realcomp)
3 beds1 bath1,450 sqftBuilt 19410.15 acres
1 / 30
Listing Description
Add this fully renovated Bungalow to your portfolio. This tenant occupied home is a great investment opportunity for a beginner investor looking to purchase a cash flowing property or for a seasoned investor looking to add to their portfolio. The property has been fully updated and is ready for move-in or a great rental for investment purchase. Home features hard wood floors throughout, new kitchen, updated bathroom. New roof, electric, and plumbing done in 2022. Backyard is fully fenced in with wooden privacy fence. Home has Certificate Of Occupancy valid through 6/01/27Tenant-occupied and professionally managed by Clara Robinson PA Property Management, offering a seamless transition for the new owner.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,450 sq ft home in Finney in Detroit built in 1941.
Asking $95,000 (about $66/sq ft).
Estimated annual property tax: $1,046, or about $87 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,450 sqft
Lot Size0.15 acres
Year Built1941
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionShingle Siding, Vinyl Siding
WaterPublic
SewerPublic
Sale & Financing
Listed10/16/2025
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,281
Tax Year2025
State Equalized Value$16,300
Assessed Value$16,300
Parcel #21077519.
Source: Public Records
Legal Description
W UNIVERSITY PL 17 MARY L HARRIS SUB L50 P69 PLATS, W C R 21/818 50 X 133.69
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jose Diaz
Detroit Progress Realty LLC
Frequently Asked Questions about 4845 University Place, Detroit, MI 48224
What school district is 4845 University Place, Detroit, MI 48224 in?
Per MLS# 20251046711, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 4845 University Place, Detroit, MI 48224?
Per MLS# 20251046711, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251046711, the most recent reported annual property tax for 4845 University Place, Detroit, MI 48224 is $1,533. 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 4845 University Place, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4845 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, 4845 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.
Is fiber internet available at 4845 University Place, Detroit, MI 48224?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
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$1,046
Monthly$87
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$703
Principal & interest$616
Property taxes$87
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteLicensed Fixed WirelessDSLSatellite
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4845 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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