Estimated payment $690/month
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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,615 | $46,500 | $0 | $0 |
| 2024 | $2,615 | $40,200 | $0 | $0 |
| 2023 | $2,542 | $29,900 | $0 | $0 |
| 2022 | $2,399 | $24,700 | $0 | $0 |
| 2021 | $579 | $19,400 | $0 | $0 |
| 2020 | $579 | $17,500 | $0 | $0 |
| 2019 | $573 | $14,800 | $0 | $0 |
| 2018 | $523 | $13,300 | $0 | $0 |
| 2017 | $68 | $13,600 | $0 | $0 |
| 2016 | $557 | $19,800 | $0 | $0 |
| 2015 | $355 | $19,800 | $0 | $0 |
| 2013 | $1,577 | $22,044 | $0 | $0 |
| 2010 | -- | $32,320 | $1,097 | $31,223 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 08/28/2025 08/28/25 | Price Changed | $89,000 | -5.3% | $92 / Sq Ft |
| 07/03/2025 07/03/25 | For Sale | $94,000 | -- | $98 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,000 | Regions Title | |
| Warranty Deed | $72,000 | None Listed On Document | |
| Warranty Deed | $62,000 | None Available | |
| Quit Claim Deed | $14,000 | Accommodation | |
| Sheriffs Deed | $79,908 | None Available | |
| Quit Claim Deed | -- | Colonial Title Co | |
| Quit Claim Deed | -- | Colonial Title Co | |
| Deed | $64,100 | None Available | |
| Corporate Deed | -- | Parks Title | |
| Sheriffs Deed | $142,592 | -- | |
| Warranty Deed | $135,000 | -- | |
| Deed | $66,000 | Heritage Title Co | |
| Warranty Deed | -- | -- | |
| Deed | $71,606 | -- | |
| Deed | $60,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $84,800 | Fannie Mae Freddie Mac |
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Source: Realcomp
MLS Number: 20251013249
APN: 21-077459
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393