Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you’ll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it’s perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer’s agent to verify all information.
Property Details
Price:
$94,000
MLS #:
20251013249
Status:
Active
Beds:
3
Baths:
1
Address:
5981 University Place
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LODEWYCK 1
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Jul 1, 2025
State:
MI
Finished Sq Ft:
964
ZIP:
48224
Year Built:
1948
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
Two Car Garage, Detached, Driveway
Financial
Taxes
$2,954
Map
Community
- Address5981 University Place Detroit MI
- SubdivisionLODEWYCK 1
- CityDetroit
- CountyWayne
- Zip Code48224
Similar Listings Nearby
- 17196 Murray Hill Street
Detroit, MI$122,000
1.07 miles away
- 16445 Fairmount Drive
Detroit, MI$122,000
2.29 miles away
- 12012 CONNER ST
Detroit, MI$120,000
4.02 miles away
- 9183 BISHOP ST
Detroit, MI$120,000
0.71 miles away
- 18580 KINGSVILLE ST
Detroit, MI$120,000
1.76 miles away
- 16516 COLLINGHAM DR
Detroit, MI$120,000
2.45 miles away
- 5918 CADIEUX RD
Detroit, MI$120,000
0.39 miles away
- 5500 Chalmers Street
Detroit, MI$120,000
2.06 miles away
- 13332 Maiden
Detroit, MI$120,000
2.33 miles away
- 11380 Roxbury Street
Detroit, MI$120,000
1.15 miles away
5981 University Place
Detroit, MI
LIGHTBOX-IMAGES
