Pending
5309 University Place, Detroit, MI 48224
$65,000
MLS # 50211572 (MiRealSource)
3 beds1 bathBuilt 19390.12 acres
1 / 11
Listing Description
*New Price* Charming 3br/1ba bungalow with hardwood floors and newer roof. Large fenced-in yard with detached two car garage. Second floor bedroom/bonus room (25x15) offers beautiful hardwood floors and wood paneling with a vaulted ceiling. Close to parks, restaurants and shopping.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 1-bath, with original construction dating to 1939.
Currently offered at $65,000.
Property tax estimate: $1,996 per year ($166/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
Bedrooms3
Bathrooms1
Lot Size0.12 acres
Year Built1939
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
Garage2 spaces
HeatingForced Air
SewerPublic
Sale & Financing
Listed6/15/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,108
Tax Year2025
State Equalized Value$31,100
Assessed Value$31,100
Homestead (PRE)100%
Parcel #21077493.
Source: Public Records
Legal Description
W UNIVERSITY PL 42 MARSEILLES PK SUB L59 P80 PLATS, W C R 21/946 40 X 137.84A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jennifer Frustaci Adlhoch
Adlhoch & Associates, REALTORS
Frequently Asked Questions about 5309 University Place, Detroit, MI 48224
Which school district serves 5309 University Place, Detroit, MI 48224?
Per MLS# 50211572, 5309 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.
What type of financing is accepted for this listing?
Per MLS# 50211572, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5309 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 5309 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 5309 University Place, Detroit, MI 48224?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. 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.
Map
Tax Estimate
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Annual tax$1,996
Monthly$166
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$588
Principal & interest$422
Property taxes$166
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
5309 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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