MLS # 20261041208 (Realcomp)

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.
Source: SparkMLS
Located in Harmony Village in Detroit, this property offers 3-bedroom, 2-bath, 1,976 sq ft, with original construction dating to 1953.
Listed at $85,000 (about $43/sq ft).
Annual property taxes run approximately $1,104 ($92/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
S DE SOTO W 10 FT 51 50 LEYS SUB L15 P71 PLATS, WCR 16/255 40 X 100.67A
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gentraia Brown
REMAX City Centre
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
8539 Desoto Street, Detroit, MI 48238
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Neighborhood
Harmony Village
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Community
Detroit
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County
Wayne County
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