2597 8 Mile Road, Detroit, Michigan 48221
$118,500
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: 40
Description
Probate Court Approval Is Now Scheduled within The Next 30 Days!
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.
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 $118,500, 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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