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8207 Schaefer HWY, Detroit, MI 48228

Detroit
Local realty services provided by:CENTURY 21 Affiliated
8207 Schaefer HWY,Detroit, MI 48228
$2,800,000
  • 44 Beds
  • 44 Baths
  • 28,406 sq. ft.
  • Multi-family
  • Active
Listed by: justin zehel
Office: keller williams paint creek
MLS#:58050188314
Source:MI_REALCOMP

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$98.57

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 #:58050188314
  • Added:44 day(s) ago
  • Updated:April 22, 2026 at 10:01 AM

Rooms and interior

  • Bedrooms:44
  • Total bathrooms:44
  • Full bathrooms:36
  • Half bathrooms:8
  • Living area:28,406 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Separate Meters, Steam

Structure and exterior

  • Year built:1957
  • Building area:28,406 sq. ft.
  • Lot area:0.62 Acres
  • Foundation Description:Basement
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$98.57
  • Tax amount:$64,580
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