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Jenn Smart

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5117 University , Detroit, MI 48224
$27,000
Est. Payment: $140.70/mo
3 Bed
1 Bath
1336 Sqft
Status: active | Days on site: 20
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Great investment opportunity in Detroit's Cornerstone Village neighborhood! This 3-bedroom, 1-bath home offers over 1,300 square feet and has tons of potential for the right investor. The property experienced fire damage and will need a full renovation, but it sits on a solid foundation and provides a great opportunity to add value. Features include a spacious floor plan and a large detached garage that was not affected by the fire. Located in an established neighborhood with many updated and well-maintained homes nearby, this property has strong upside for resale or rental income. Cash buyers only. Sold as-is. Buyer to verify all information (BATVAI).

Highlights

Listed by Albert Hakim , 586-495-0010 RE/MAX First , 586-799-8000. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.15

Year Built

1937

County

Wayne

Area

Detroit (82001)

Neighborhood

Farmbrook

School District

Detroit City School District

Listing ID

61003302

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Above Ground Sq Ft:1336
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:50X133.69
Parking Features:Detached Garage
Principal Interest
$141
Taxes
$313

Home Price

$27,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$5,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$140.70

Principal

Taxes

Principal Taxes HOA Total
Monthly $140.70 $313.08 $0.00 $453.78
Yearly $1,688.41 $3,757.00 $0.00 $5,445.41
Total $50,652.27 $112,710.00 $0.00 $163,362.27
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T03:11:55.100Z

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