$58,000
Detroit, MI 48224
MLS# 25053083
2 beds | 1 baths | 1001 sqft
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Property Description
Great investment property set on a huge double lot, A huge double lot right next door is a separate parcel that can be purchased as a package to develop, put a tiny home, container home, extend, fence in or grow a garden, the possiblities are endless. Entertaining at home would be epic! Can be sold as a pakage or solo. MLS 25053085 Will entertain all reasonable offers. Probate property subject to third party approval. Probate is approved, just need an offer.
Details
Maps
Location Property Info
County: Wayne
Street #: 5220
Street Name: University
Suffix: Place
State: MI
Zip Code: 48224
Zip (4): 1370
Area: Wayne County - 100
OfficeContract Info
Status: Active
List Price: $58,000
Current Price: $58,000
Listing Date: 2025-10-15
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.15
Lot Square Footage: 6534
Lot Dimensions: 0.15
Year Built: 1925
Road Frontage: 48
Garage Y/N: Yes
Garage Spaces: 1
Total Fireplaces: 1
Income Property: Yes
Total Rooms AG: 6
Total Fin SqFt All Levels: 1001
SqFt Above Grade: 1001
Below Grade Unfinished SqFt: 376
Building Total SqFt: 1001
Total Beds Above Grade: 1
Total Bedrooms: 2
Full Baths: 1
Total Baths: 1
Main Level Primary: No
Stories: 1
School District: East Detroit
Association YN: No
Waterfront: No
Tax Info
Tax ID #: 21077344.
Taxable Value: 15850
SEV: 39000
For Tax Year: 2025
Seller's Annual Property Tax: 1408
Tax Year: 2025
Spec Assessment & Type: none
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Main Rooms
Main Bedrooms: 1
Basement Rooms
Total Basement SQFT: 376
Terms Available
Land Contract Down Payment: 0.25
Land Contract Interest Rate: 9%
Land Contract Terms (# Months): 24-36
Property Features
Laundry Features: In Basement
Exterior Material: Brick
Roofing: Shingle
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Parking Features: Detached; Garage Faces Front
Architectural Style: Bungalow
Terms Available: Cash; Conventional; Land Contract
Possession: Close Of Escrow
Sale Conditions: Other
Room Information
| Room Name | Level |
| Primary Bedroom | Upper |
| Bedroom 2 | Main |
| Primary Bathroom | Main |
Listing Office: eXp Realty, LLC
Listing Agent: Nancy Brooks
Last Updated: January - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.