#20250026705, Bashar G Nijem, Listing office: Downtown Realty
$94,000 List price
5981 University Pl Detroit, MI 48224
3 beds
1 full
964 sqft
0.1 acres
$98 / sqft
House
Property details
About 5981 University Pl
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size964 sqft
BasementYes
Lot size0.12 Acres
Year built1948
ParkingTwo Car Garage, Detached, Driveway
MLS #20251013249
Garage2 spaces
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Two Car Garage, Detached, Driveway
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $94,000
- Price/SqFt: $97
- Annual Tax Amount: $578
- Tax Year: 2024
- Directions: Turn right on Chandler Park Dr onto University Pl
- Year Built: 1948
- Living Area: 964 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 20251013249
- MLS Name: Realcomp II Ltd
- Office Name: National Realty Centers, Inc
- Office Phone: (248) 468-1444
- Listing Agent: Arianna Lee, Ryan Donahue
Disclaimer: 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: 7/4/2025, 2:50:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 21, 2024 | Home Sold | $47,000 |
| Jun 10, 2022 | Home Sold | $72,000 |
| Jan 19, 2021 | Home Sold | $62,000 |
| Jul 30, 2004 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $40,200 | $578 |
| 2023 | $29,900 | $578 |
| 2022 | $24,700 | $850 |
| 2021 | $19,400 | $850 |
| 2020 | $17,500 | $557 |
| 2018 | $13,300 | $557 |
| 2017 | $13,600 | $555 |
History based on county public records data.
Nearby schools
1
Distinctive College Preparatory
Public Charter KG-6
0.8 mi
•19360 Harper Ave
1
Tyrone Elementary School
Public Magnet 4-6
1.0 mi
•19525 Tyrone St
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
1.0 mi
•9740 McKinney St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,813. Typical income of Detroit, MI residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
44%
<35k
35%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
42%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
#20251005457, Shuajb Gerguri, Listing office: Inside Realty, LLC
#20251005741, Zena Berri, Hassan Hammoud, Listing office: U.S. Investor Group
#81024064036, Charlotte Hypes, Nisha Patel, Listing office: Remerica United Realty
#20250032563, Anthony Djon, Dimitri Abro, Listing office: Anthony Djon Luxury Real Estate
#20250029358, David Rabior, Listing office: Clyde Realty LLC
#20250024409, Amanda Bacall, Listing office: EXP Z Real Estate
#20251005691, Hassan Hammoud, Wael Nehme, Listing office: U.S. Investor Group
#20250027304, Ibrahim J Cadoura, Listing office: Century 21 Curran & Oberski
#20250037824, Carlos M Polanco, Listing office: RE/MAX Leading Edge
Frequently asked questions
About 5981 University Pl
The listing price of 5981 University Pl property is $94,000.
The property 5981 University Pl is a house located in Detroit, Michigan, 48224.
Active Listing: 5981 University Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5981 University Pl are: Distinctive College Preparatory (GreatSchools Rating 1/10), Tyrone Elementary School (GreatSchools Rating 1/10), Marvin L Winans Academy Elementary School (GreatSchools Rating 1/10), Marquette Elementary-Middle School (GreatSchools Rating 1/10), Marvin L Winans Academy Middle School (GreatSchools Rating 3/10), Brownell Middle School (GreatSchools Rating 9/10), East English Village Preparatory Academy at Finney (GreatSchools Rating 1/10), Denby High School (GreatSchools Rating 2/10), Capstone Academy Charter Schoolmayfield (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $578 (source: MLS/based on county public records data).
The last sale was on August 21, 2024 for $47,000 (source: MLS/tax record).
The property at 5981 University Pl has 3 bedrooms and 1 bathroom.
The property 5981 University Pl is 964 SqFt (source: MLS/tax record).
The year of construction for 5981 University Pl is 1948.
This home is located at 5981 University Pl in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 964 square foot home, which was built in 1948, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $94,000.
While more than 79 listings in Detroit, MI in June 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 144 were sold below. The number of homes for sale in Detroit, MI increased by 16.7% between May and June 2025. Listings spent 45 days on the market in June 2025, and had a median list price of $92,746 during the same period.
From Rocket Homes Real Estate and based on county public records data.