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About This Home

This 3-bedroom, 2-bathroom single family at 8539 Desoto Street in Detroit, MI is listed for $85,000 ($86 per sqft). Built in 1953, the home offers 988 sqft of living space on a 0.09 acres lot.

Agent Description

SELLER WILL CONSIDER ALL OFFERS! What if you could buy a remodeled Detroit home, add the adjacent lot for a few hundred dollars, and own one of the best opportunities on the block, all for just $85,000? Whether you're searching for your first home, your next rental property, or a smart long-term investment, 8539 De Soto offers the rare combination of affordability, updates, and future upside that today's buyers are struggling to find.

Situated in Detroit's emerging Chalfonte neighborhood, this 3-bedroom, 1.5-bath home features natural hardwood flooring, an open-concept layout, butcher block countertops, luxurious porcelain tile, fresh paint, updated plumbing, and updated electrical.

The finished basement provides valuable bonus living space, perfect for a home office, recreation room, fitness area, or additional entertaining space. The detached one-car garage also adds convenience. But what truly sets this property apart is what surrounds it.

Just a few doors down, you'll find rows of newer homes built in 2006, helping strengthen the appeal of the block and highlighting the area's continued evolution. Even more exciting, the possibility of expanding your yard, creating additional outdoor space, or securing extra land for future value by acquiring the fenced in adjacent lot from the city.

Some homes are simply places to live. Others are opportunities to get ahead. 8539 De Soto is both. Investors purchasing without representation are encouraged to contact the listing agent for recent neighborhood rental comparables to help verify market rents and investment potential, as this home will likely rent for $1300-$1400. Schedule your showing today before someone else recognizes the opportunity.

Key Features

  • Built in 1953
  • 0.09 acre lot

Property Details

1 story
1 full, 1 half
1953

Monthly Cost Estimate

$455/mo

20% down · 6.5% · 30 years

Principal$61
Interest$368
Insurance$25

Estimates only. Actual payments may vary.

Location

8539 Desoto Street

Detroit, MI 48238

Leys

Property Details

Heating

Forced Air

Cooling

Ceiling Fan(s)

Questions & Answers

This 3-bedroom, 2-bathroom single family at 8539 Desoto Street is listed at $85,000 ($86/sqft). The estimated monthly payment is $368 based on 20% down at 6.5% interest.

Key features include: Built in 1953, 0.09 acre lot.

This property is listed by Gentraia Brown and can be reached at (313) 528-3002 or gentraiabrown@gmail.com.

GB

Gentraia Brown

Agent at REMAX City Centre

(313) 528-3002

Listed by REMAX City Centre · View on Broker Site

MLS# 20261041208· Source: listhub· Updated 3 days ago

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8539 Desoto Street, Detroit, MI 48238

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