5815 University Place
Detroit, MI 48224
Single Family Residence · MLS # 81026059601 · Listing courtesy of Keller Williams Metro
About this home
Welcome to this charming three-bedroom, one-and-a-half-bath brick bungalow situated on a spacious corner lot in Detroit! Inside, you'll find beautiful hardwood floors, inviting living spaces, and the timeless character of a classic Detroit home. The fenced backyard offers plenty of room for gardening, entertaining, or relaxing, complete with a rear deck and a two-car garage. With a little TLC and your personal touches, this home offers a wonderful opportunity to make it your own. Conveniently located near neighborhood parks, shopping, dining, and major commuter routes, you'll enjoy easy access to everyday essentials and the best of Detroit's east side. Don't miss the opportunity to bring your vision to life!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $94,900, or $81 per square foot, 14% above the city median, and has been on the market 2 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,246 a year. A buyer who lives here would pay about $775 to $3,076 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Detroit
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:49 PM.