8539 Desoto Street
Detroit, MI, 48238 $ 85,000
Bedrooms3 Baths1.1 Sq 988 Monthly Estimate*
$ 523
for $85,000 with 3 bedrooms and 1 full bath, 1 half bath. This 988 square foot home was built in 1953 on a lot size of 0.09.
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.
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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Cooling Ceiling Fan(s)
Possession At Close
Garage Detached Garage
Water Public Water at Street
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1953
Subdivision Leys MI
Water Heater Gas
Style Ranch
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions South of Fenkell and East of Wyoming
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional VA
Legal Description S DE SOTO W 10 FT 51 50 LEYS SUB L15 P71 PLATS WCR 16/255 40 X 100.67A
DOM 1
Postal Code 48238
Price Per Sq Ft Total AG 86.03
Public Remarks 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
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InteriorBasement Partially Finished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 8
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ExteriorExterior Other
Frontage 40
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 40X100
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByGentraia BrownListing Agent
gentraiabrown@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $523
- Monthly Property Taxes
- $120
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $132,697
Percent of Sale Price 56%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/4/2026 | $85,000 | | Listed Price |