2597 W 8 Mile Road
Detroit, Michigan 48221
3
Bed
1.5
Bath
1,495Sqft
0.09Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1.5 Full Baths: 1 Half Baths: 1 -
Room Information
Total Rooms: 8Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1938 Building Stories: 2 Story Foundation/Basement: Basement Architecture: Colonial -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal),Water at Street
-
Lot Information
Lot Size: 0.09 Lot Dimensions: 40X100 Frontage Feet: 40 -
Property Information
SQ ft: 1495 Subdivision: Woodward Financing: Cash
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Listing Price Information
Original List Price: $99,000 -
Listing Information
Possession: At Close Legal Description: S W EIGHT MILE RD 552 551 WOODWARD SUB L48 P89 PLATS, WCR 2/155 40 X 100
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Tax Information
Annual Tax: $130 Parcel Number: W02I006155S -
Possession
At Close -
Legal Information
Legal Description: Section: S W EIGHT MILE RD 552 551 WOODWARD SUB L48 P89 PLATS, WCR 2/155 40 X 100
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Parking Information
Has Garage: Yes Garage Size: 2 Car Garage Description: Detached -
Multi-Unit Information
Road Frontage: Paved
-
School Information
School District: Detroit -
Utility Information
Water: Public (Municipal),Water at Street Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19211 Birwood Street , Detroit, MI, 48221 | $365,000 | 5 | 4.5 | 3,183 | 3,183 SqFt |
| 16605 Tuller Street , Detroit, MI, 48221 | $140,000 | 4 | 3 | 1,250 | 1,250 SqFt |
| 17198 Wildemere Street , Detroit, MI, 48221 | $475,000 | 4 | 3.5 | 3,008 | 3,008 SqFt |
| 16210 Inverness Street, Detroit, MI, 48221 | $238,900 | 5 | 3 | 1,523 | 1,523 SqFt |
| 16241 Inverness Street , Detroit, MI, 48221 | $165,000 | 3 | 1 | 1,426 | 1,426 SqFt |
| 16139 Inverness Street , Detroit, MI, 48221 | $164,900 | 4 | 3 | 1,435 | 1,435 SqFt |
| 16560 La Salle Avenue , Detroit, MI, 48221 | $172,000 | 3 | 2.5 | 1,231 | 1,231 SqFt |
| 16831 Lawton Street , Detroit, MI, 48221 | $239,900 | 3 | 1.5 | 1,579 | 1,579 SqFt |
| 16814 Parkside Street , Detroit, MI, 48221 | $330,000 | 5 | 3.5 | 2,900 | 2,900 SqFt |
| 2771 W 7 Mile Road , Detroit, MI, 48221 | $700,000 | 5 | 4.5 | 3,531 | 3,531 SqFt |
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ByOwner last updated this listing 07/31/2026 @ 18:25
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