$193,000

509 E University Dr Unit 503 Rochester, MI 48307

$2,292
Closing credit¹
2 beds
1 full, 1 partial
998 sqft
$193 / sqft
Condo

Property details

About 509 E University Dr Unit 503

Fantastic Downtown Rochester location!! Walk right over to the Paint Creek trail along the river, to the library and all your favorite downtown spots. Condo is on the 1st floor and has a 1 car attached garage and large locking storage unit. Two generously sized bedrooms, 1.5 baths. Right up against the Paint Creek Trail. Also walking distance to the public library, post office and all the vibrant downtown Rochester offers! COMMON BASEMENT WITH PRIVATE STORAGE AND ALSO ONE CAR GARAGE. The condo is tenant occupied currently till 6/30. Potential buyers can have the option to have current tenants carried over until they move out.

Highlights

Home typeCondominium
HeatingElectric, Forced Air
StatusComing Soon
Size998 sqft
BasementYes
Year built1966
ParkingOne Car Garage, Attached
MLS #20250030028
Attached garage1 space
Active DateMay 01, 2025

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: One Car Garage, Attached
  • Architectural Style: Other
  • Heating: Electric, Forced Air
  • List Price: $193,000
  • Price/SqFt: $193
  • HOA Amount: $355
  • HOA Frequency: Monthly
  • Directions: NORTH OFF UNIVERSITY DIRECTLY ACROSS FROM ROYAL PARK HOTEL
  • Year Built: 1966
  • Living Area: 998 SqFt
  • MLS Number: 20250030028
  • MLS Name: Realcomp II Ltd
  • Office Name: AutoCity Realty LLC
  • Office Phone: (248) 605-5320
  • Listing Agent: Shuye Pan

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring brick siding

$193,000

509 E University Dr Unit 503

$2,292

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

9

North Hill Elementary School

Public District PK-5

0.8 mi

1385 Mahaffy Ave

5

McGregor Elementary School

Public District PK-5

1.1 mi

1101 1st St

8

Long Meadow Elementary School

Public District PK-5

1.6 mi

450 Allston Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,183. Residents of Rochester, MI typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

22%
<35k
39%
35k-100k
34%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
6%
Single, with Kids
17%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • H&MH&M

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 509 E University Dr Unit 503

The listing price of 509 E University Dr Unit 503 property is $193,000.

The property 509 E University Dr Unit 503 is a condo located in Rochester, Michigan, 48307.

Coming Soon: 509 E University Dr Unit 503 is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

The nearby schools for 509 E University Dr Unit 503 are: North Hill Elementary School (GreatSchools Rating 9/10), McGregor Elementary School (GreatSchools Rating 5/10), Long Meadow Elementary School (GreatSchools Rating 8/10), Hart Middle School (GreatSchools Rating 8/10), West Middle School (GreatSchools Rating 8/10), Reuther Middle School (GreatSchools Rating 7/10), Stoney Creek High School (GreatSchools Rating 10/10), Rochester High School (GreatSchools Rating 9/10), John M Schultz Educational Campus (GreatSchools Rating 3/10).

The property at 509 E University Dr Unit 503 has 2 bedrooms and 1 full and 1 half bathrooms.

The property 509 E University Dr Unit 503 is 998 SqFt (source: MLS/tax record).

The year of construction for 509 E University Dr Unit 503 is 1966.

This home is located at 509 E University Dr Unit 503 in Rochester, MI and zip code 48307. This 998 square foot home was built in 1966. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $193,000.

Rochester, MI housing market in March 2025 saw over 6 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. The inventory of homes for sale in Rochester, MI between February and March 2025 increased by 17.3%. In March 2025, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $550,000.

From Rocket Homes Real Estate and based on county public records data.

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