For Sale
5727 University Place, Detroit, MI 48224
$99,900
MLS # 26035642 (Michigan Regional Information Center (MichRIC))
3 beds1 bath953 sqftBuilt 19490.15 acres
1 / 25
Listing Description
This charming 3-bedroom, 1-bath home blends timeless character with everyday comfort. Original hardwood floors run throughout, adding warmth and classic appeal to the living spaces. The spacious backyard offers plenty of room for entertaining, gardening, or relaxing outdoors. Whether you're a first-time homebuyer or an investor, this well-maintained property is full of potential and ready for its next chapter.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 953 sq ft home in Finney in Detroit built in 1949.
Asking $99,900 (about $105/sq ft).
Estimated annual property tax: $1,900, or about $158 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
Bathrooms1
Living Area953 sqft
Lot Size0.15 acres
Year Built1949
Stories1
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/12/2026
Terms AcceptedCash, FHA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,217
Tax Year2025
State Equalized Value$29,600
Assessed Value$29,600
Parcel #21077478.
Source: Public Records
Legal Description
W UNIVERSITY PL 13 FARMDALE SUB L51 P26 PLATS, W C R 21/745 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 Alana Paap
Investor's Prop Mgmt Detroit
Frequently Asked Questions about 5727 University Place, Detroit, MI 48224
Which school district serves 5727 University Place, Detroit, MI 48224?
Per MLS# 26035642, 5727 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 FHA or VA financing for this property?
Per MLS# 26035642, this listing accepts Cash, FHA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5727 University Place, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $2,591 (2025). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5727 University Place, Detroit, MI 48224 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 5727 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 5727 University Place, Detroit, MI 48224?
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.
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
$
Annual tax$1,900
Monthly$158
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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%
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Monthly payment$806
Principal & interest$648
Property taxes$158
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
5727 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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