2597 8 Mile Road, Detroit, Michigan 48221

$119,000

Property Details

MLS#: 20261016118
Bedrooms: 3
Bathrooms: 1.5
Square Feet: 2,245
Price per Sqft: $53
Lot Size: 0.09 acres
Year Built: 1938
Property Type: Residential
Status: Active
Days on Market: 17

Description

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. A new roof was installed about 3 years ago and at closing, a new furnace and hot water tank will be installed. 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: strong surrounding values, high rental demand, and 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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 2597 8 Mile Road?

2597 8 Mile Road is listed at $119,000, or $53 per square foot.

How many bedrooms does 2597 8 Mile Road have?

This property has 3 bedrooms and 1.5 bathrooms, with 2,245 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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