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8207 Schaefer, Detroit, MI 48228

Detroit
Local realty services provided by:CENTURY 21 Realty North
8207 Schaefer,Detroit, MI 48228
$2,800,000
  • 44 Beds
  • 44 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin zehel
Office: keller williams paint creek
MLS#:50188314
Source:MI_REALSOURCE

Price summary

  • Price:$2,800,000

About this home

Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!

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Home facts

  • Year built:1957
  • Listing ID #:50188314
  • Added:203 day(s) ago
  • Updated:April 03, 2026 at 10:19 AM

Rooms and interior

  • Bedrooms:44
  • Total bathrooms:44
  • Full bathrooms:36
  • Half bathrooms:8

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Year built:1957
  • Lot area:0.62 Acres
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$2,800,000
  • Tax amount:$64,580

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