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$99,000
New Listing

2597 W 8 Mile Road
Detroit City, MI 48221

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
2,245
SqFt
$44
/SqFt
1938
Built
Subdivision:
WOODWARD
County:
Wayne

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1-248-228-6711
2597 W 8 Mile Road2597 W 8 Mile Road2597 W 8 Mile Road2597 W 8 Mile Road
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Note that the ability to sell was held up by the probate court, but we are now ready to go. 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 your portfolio, this property delivers on every front. Cash flow today, equity tomorrow — all in a ZIP code known for long-term stability.

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Listing Snapshot
Price 
$99,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
2,245 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
0.09 Acres
Year Built 
1938
MLS® Number 
20261058788
Status 
Active
Property Tax 
$130
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
18 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.09
Cross Street 
Eight Mile and Woodward
Disclosures 
Taxes Homestead Exempt
Foundation 
Block
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Parking 
Detached
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1495
SqFt Below 
750
Style 
Colonial
Utilities 
Sewer AvailableWater Available
Water Source 
Public
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
BathFull 
Dimensions - 14 X 9Level - Second
BathLav 
Dimensions - 8 X 3Level - Basement
Bedroom 
Dimensions - 11 X 10Level - Second
Dining Room 
Dimensions - 12 X 12
Kitchen 
Dimensions - 11 X 10
Living Room 
Dimensions - 18 X 12
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
Building Access 
GroundLevelwSteps
Financing Terms Available 
Cash
MLS Area 
Area05041Det68GrfldDequindre
Roads 
Paved
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Home Negotiators LLC: [email protected]



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Neighborhood & Commute
Source: Walkscore
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