Address
8397 Lane Street, Detroit, MI
Price
$ 249,900
Property Attributes
  • MLS#61033898
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodCahalans
  • Zip48209
  • StyleColonial
  • Year Built1913
  • Taxes$ 11710
  • Price$ 249,900
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2076
  • Lot Size0.06 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Phenomenal Turn-Key investment opportunity or covert to a 5 bedroom single family home in the heart of Southwest Detroit! This sale includes two parcels (8397 Lane & 8393 Lane Vacant Lot) , the residence and an adjacent gated vacant lot. Currently configured as two units, featuring a three-bedroom upper unit and a two-bedroom lower unit, with excellent projected rental-income potential. The property can also be converted into a spacious single-family home. Completely remodeled from top to bottom with updated electrical, plumbing, drywall and flooring. All appliances stay. Turnkey and move-in ready! Features include a gated driveway and partial garage structure. Conveniently located minutes from Dearborn, I-75 and major freeways. Buyer and buyer's agent to verify zoning, legal use, projected income, parcel information, measurements and all property details.

Price History
9/27/2026 Listed $249,900

General Features

Heating Forced Air
Kitchen Level Entry
Possession At Close
Garage Detached Garage
Water Public Water
Status Active
Full Baths 2
Bathrooms 2
Year Built 1913
Pets Allowed Yes
Subdivision Cahalans
Style Colonial,Other
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions Lawndale to Lane
City Detroit
School District Detroit City School District
Lease Y/N No
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. S LANE 32 CAHALANS SUB L19 P10 PLATS,WCR 20/181 30 X 90
DOM 1
Postal Code 48209
Price Per Sq Ft Total AG 120.38
Public Remarks Phenomenal Turn-Key investment opportunity or covert to a 5 bedroom single family home in the heart of Southwest Detroit! This sale includes two parcels (8397 Lane & 8393 Lane Vacant Lot)

Interior Features

Dining Room Level Entry
Living Room Level Entry
Basement Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Laundry Room Level Second
Kitchen Length 16
Laundry Room Width 4
Living Room Length 16
Bedroom 4 Width 11
Bedroom 2 Width 10
Bedroom 3 Width 8
Laundry Room Length 10
Dining Room Width 12
Bedroom 4 Length 10
Bedroom 2 Length 10
Living Room Width 11
Bedroom 3 Length 10
Dining Room Length 16
Bedroom 5 Length 10
Kitchen Width 11
Beds 5
Fireplace? No
Total Rooms 14
Bedroom 5 Width 11
Bedroom 1 Length 10
Bedroom 1 Width 18
Below Grade SqFt 685
Above Grade SqFt 2076
Basement Y/N Yes
Total SqFt Finished 2076
Bathroom 1 Length 10
Bathroom 1 Width 6
Bathroom 2 Length 10
Bathroom 2 Width 7

Exterior Features

Exterior Other
Frontage 60
Lot Size Area 0.06
Pool (Y/N) No
Lot Dimensions 30X90
Garage # of Car 2
Roads Private Road
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48209

Price
AVG $170K
$250K
Taxes
AVG $2,541
$11,710
Year Built
AVG 1911
1913

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