8397 Lane Street Detroit MI 48209 | MLS #20261075535

8397 Lane Street
Detroit, MI, 48209
$249,900
Beds
2 Baths
2,076 SqFt
0.06 Acres
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MLS #20261075535 image #0
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 and all property details.

Property Details

Price:
$249,900
MLS #:
20261075535
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
CAHALANS
Neighborhood:
area05101detsouthofgrandriver
Listed Date:
Sep 18, 2026
Finished Sq Ft:
2,076
Year Built:
1913
Short SaleColonialArea05101detsouthofgrandriverArea05101detsouthofgrandriverCahalansDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
2076
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Colonial
Construction Materials
Other

Financial

Net Operating Income
$20,000
Taxes
$11,710

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Sep 22, 2026
3,920
Single Family Listed
124
Avg DOM
95
Avg $ / SqFt
$150,809
Avg List Price

Property Summary

    Located in the CAHALANS subdivision, 8397 Lane Street Detroit MI is a Single Family for sale in Detroit, MI, 48209. It is listed for $249,900 and features 0 beds, 2 baths, and has approximately 2,076 square feet of living space, and was originally constructed in 1913. The current price per square foot is $120. The average price per square foot for Single Family listings in Detroit is $95. The average listing price for Single Family in Detroit is $150,809. To schedule a showing of MLS#20261075535 at 8397 Lane Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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