$119,000

2597 W 8 Mile Road, Detroit, MI 48221

3 beds |
2 baths |
2,245 sqft

Single-Family Home
Built in 1938
3,920sqft lot
2 car garage
$53/sqft
Listed 20 days ago

Property Description

NEW ROOF WITH A NEW HOT WATER TANK AND FURNACE GOING IN AT CLOSING. Unlock the potential in this solid Detroit property located right on the edge of Ferndale and Royal Oak, offering rare proximity to three major lifestyle corridors - Downtown Detroit, Downtown Ferndale, and Downtown Royal Oak. Whether you're an investor seeking your next rehab project or an owner-occupant planning to use an FHA 203k renovation loan, this home delivers outstanding upside in a high-demand location. Just two blocks from the Meijer-anchored retail complex, you'll have immediate access to groceries, shopping, restaurants, and daily conveniences - an amenity package that's hard to beat at this price point. The property needs renovation, but the fundamentals are here with virtual before and after pictures to demonstrate what's possible. With strong surrounding values and high rental demand, this is a location that continues to benefit from ongoing reinvestment along the Eight Mile corridor. Perfect for a full redesign, long-term hold, or a customized owner-occupied renovation. After repair values for this area average about $250,000, excellent upside. Seller will consider all offers.

Listing Status:: Active
Date Added:: March 12, 2026
Data Last Updated:: April 2, 2026 at 7:45AM
Listing Office:: Home Negotiators LLC : 313-822-1708
Listing Agent:: Phillip VanBuren : 313-622-1456
MLS ID:: 60975746

Kitchen: Floor: Linoleum
Dining: Floor: Wood
Living Room: Floor: Wood
Basement: Unfinished
Heating: Natural GasForced Air

Style: Colonial
Parking: Parking spaces: 2

General: BrickTwoBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: S W EIGHT MILE RD 552 551 WOODWARD SUB L48 P89 PLATSWCR 2/155 40 X 100

Water: PublicPublic Water at Street
Sewer: Public At Street

Source: MiRealSource

This listing courtesy of Phillip VanBuren , Home Negotiators LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pasteur Elementary School

19811 Stoepel St, Detroit, MI, 48221

Grades PK-6

0.87 miles away

Palmer Park Preparatory Academy

3901 Margareta St, Detroit, MI, 48221

Grades 5-8

1.37 miles away

Mumford High School

17525 Wyoming St, Detroit, MI, 48221

Grades 9-12

2.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.