Back 5981 University Pl
Off Market

5981 University Pl

Detroit MI 48224

3
1
2
1727 sq. ft.
0.12 ac.
Single-Family
Last sold for $64,000
Arianna LeeArianna Lee, last sold this property on 20 March 2026 after 260 days on market.

Overview

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.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1727 sq. ft. floor area
0.12 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Detroit over the last 12 months, the estimated median property value of 5981 University Pl is $84.95k.

Median value
$84.95k
Estimated value range
$7.5k - $290k
Median days on market
36
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5981 University Pl

2026
Sold
$64,000
20 Mar 2026 by Arianna Lee, of National Realty Centers, Inc
2022
Sold
Undisclosed
10 Jun 2022

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 399 three-bedroom single-family properties similar to 5981 University Pl, have been sold.

This represents a 22% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent