8397 Lane Street
Detroit, Michigan 48209
5
Bed
2
Bath
2,076Sqft
0.06Acre(Lot)
Phenomenal Turn-Key investment opportunity in the heart of Southwest Detroit! This sale includes two parcels (8397 Lane & 8393 Lane Vacant Lot) , the residence and an adjacent gated vacant lot. Currently configured as two units, featuring a three-bedroom upper unit and a two-bedroom lower unit, with excellent projected rental-income potential. The property can also be converted into a spacious single-family home. Completely remodeled from top to bottom with updated electrical, plumbing, drywall and flooring. All appliances stay. Turnkey and move-in ready! Features include a gated driveway and partial garage structure. Conveniently located minutes from Dearborn, I-75 and major freeways. Buyer and buyer’s agent to verify zoning, legal use, projected income, parcel information, measurements a
Property Details
Open House
- 09/19 12 PM-2 PM
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 Full Baths: 2 -
Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1913 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Colonial -
Exterior Features
Construction: Other -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.06 Lot Dimensions: 30X90 -
Property Information
SQ ft: 2076 Subdivision: Cahalans Financing: Cash,Conventional
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Listing Price Information
Original List Price: $249,900 -
Listing Information
Possession: At Close Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. S LANE 32 CAHALANS SUB L19 P10 PLATS, WCR 20/181 30 X 90
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Tax Information
Annual Tax: $11,710 Parcel Number: W20I003331SPossession
At CloseLegal Information
Legal Description: Section: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. S LANE 32 CAHALANS SUB L19 P10 PLATS, WCR 20/181 30 X 90
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Unit 2 Information
# of Bedrooms: 1 -
Unit 3 Information
# of Bedrooms: 1
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1014 Waterman Street , Detroit, MI, 48209 | $159,900 | 6 | 2.5 | 2,600 | 0.11 Acre |
| 2398 Stair Street , Detroit, MI, 48209 | $315,000 | 8 | 2.5 | 2,016 | 0.08 Acre |
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ByOwner last updated this listing 09/19/2026 @ 03:58
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