2597 W 8 Mile Road, Detroit, MI 48221

Local realty services provided by:CENTURY 21 Metro Brokers
2597 W 8 Mile Road,Detroit, MI 48221
$99,000
  • 3 Beds
  • 2 Baths
  • 2,245 sq. ft.
  • Single family
  • Active
Listed by: phillip vanburen
Office: home negotiators llc.
MLS#:20261058788
Source:MI_REALCOMP

Price summary

  • Price:$99,000
  • Price per sq. ft.:$44.1

About this home

Outstanding buy-and-hold opportunity in one of Detroit’s most stable and appreciating rental pockets. This solid brick colonial offers investors a clear path to strong returns. the property features a new roof and other updates. Once an estimated $30,000 in improvements, are completed, the property is positioned to qualify for top-tier Section 8 payment standards, delivering an estimated 14% annual return. The equity story is just as compelling. Recent sales in the immediate micro-market—including 2444 Woodstock, located directly behind the subject—support an after-repair value of $250,000. The Woodstock comps demonstrate consistent buyer demand, strong retail values, and a neighborhood trajectory that continues to push upward. You'll get both high guaranteed rents and meaningful back-end appreciation, creating a rare dual-benefit hold. Whether you’re looking to lock in predictable Section 8 cash flow, execute a BRRR-style refinance, or simply add a high-performing Detroit asset to...

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Home facts

  • Year built:1938
  • Listing ID #:20261058788
  • Added:1 day(s) ago
  • Updated:July 28, 2026 at 08:54 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:6
  • Basement Description:Unfinished
  • Living area:2,245 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1938
  • Building area:2,245 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public, Water at Street
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$99,000
  • Price per sq. ft.:$44.1
  • Tax amount:$130

Parking

  • Parking description:Detached, Two Car Garage
  • Garage spaces:2
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