2597 W 8 Mile Road Detroit MI 48221 | MLS #20261058788

2597 W 8 Mile Road
Detroit, MI, 48221
$99,000
3 Beds
2 Baths
2,245 SqFt
0.09 Acres
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MLS #20261058788 image #0
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.

Property Details

Price:
$99,000
MLS #:
20261058788
Status:
Pending
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
WOODWARD
Neighborhood:
area05041det68grflddequindre
Listed Date:
Jul 28, 2026
Finished Sq Ft:
2,245
Year Built:
1938
Short SaleColonialArea05041det68grflddequindreArea05041det68grflddequindreWoodwardDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
1495
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Below Grade Finished Area
750
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Colonial
Construction Materials
Brick
Garage Spaces
2
Parking Features
TwoCarGarage, Detached

Financial

Taxes
$130

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 WOODWARD subdivision, 2597 W 8 Mile Road Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $99,000 and features 3 beds, 2 baths, and has approximately 2,245 square feet of living space, and was originally constructed in 1938. The current price per square foot is $44. 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#20261058788 at 2597 W 8 Mile Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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2597 W 8 Mile Road
Detroit, MI