For Sale
5290 University Place, Detroit, MI 48224
$1,200
MLS # 20261047758 (Realcomp)
2 beds1 bath721 sqft0.12 acres
1 / 29
Listing Description
**This property is boarded but don't let that keep you from looking at it** Lease this 2-bedroom ranch on Detroit's east side. Carpet and fresh paint throughout. Sorry no central air. All measurements are estimated. Lease application required. $35 application fee, per adults age 18 and older. We will conduct a background/credit check! Minimum 600 credit score required with no collections, repossessions, evictions, charge-offs, liens, judgments of any kind, and no issues with DTE. Credit criteria also applies to co-applicants and Section 8 applicants. Income to equal or exceed 3 times the rent OR Section 8. Security deposit plus rent, to move in. No smoking in any of our properties. **This property is professionally managed by the listing broker.**
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 2-bedroom, 1-bath, 721 sq ft.
Asking $1,200 (about $2/sq ft).
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential Lease
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area721 sqft
Lot Size0.12 acres
Stories1
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
Garage1 space
Sale & Financing
Listed6/21/2026
Source: SparkMLS
Tax Information
Source: SparkMLS
Legal Description
12 Months,13-24 Months
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sandra J McGee
The Home Store Inc.
Frequently Asked Questions about 5290 University Place, Detroit, MI 48224
Which school district serves 5290 University Place, Detroit, MI 48224?
Per MLS# 20261047758, 5290 University Place, Detroit, MI 48224 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5290 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.
Is 5290 University Place, Detroit, MI 48224 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 5290 University Place, Detroit, MI 48224?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$8
Principal & interest$8
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
5290 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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