9327 Schaefer Highway, Detroit, MI 48228
Local realty services provided by:CENTURY 21 Curran & Oberski
9327 Schaefer Highway,Detroit, MI 48228
$215,000
- 4 Beds
- 3 Baths
- 1,965 sq. ft.
- Single family
- Active
Listed by: patrice henderson
Office: max broock realtors
MLS#:20251043800
Source:MI_REALCOMP
Price summary
- Price:$215,000
- Price per sq. ft.:$109.41
About this home
Turnkey investment opportunity with immediate income. This updated bungalow is currently leased at $1,800 per month under a one-year lease to a business tenant that has expressed interest in a longer-term tenancy, offering investors immediate cash flow with potential for continued occupancy. The property features extensive updates, including a new roof, laminate flooring, fresh paint, an expanded upper level for additional living space, and an updated kitchen complete with a stainless steel refrigerator and gas range. The partially finished basement adds additional functional space, enhancing overall usability and appeal. Major mechanical updates help reduce near-term capital expense concerns, including the furnace and hot water heater already in place, making this an attractive low-maintenance addition to a buy-and-hold portfolio. Conveniently located just minutes from the Aviation Subdivision, Eastborn Market, gas stations, I-96, and everyday amenities, this location supports strong ongoing rental appeal. A compelling opportunity for investors seeking a stabilized, income-producing asset with immediate returns and long-term upside. Measurements are approximate. Be sure to view the video tour and smart floor plan. Showings only upon accepted offer....
Contact an agent
Home facts
- Year built:1951
- Listing ID #:20251043800
- Added:254 day(s) ago
- Updated:June 21, 2026 at 09:59 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Rooms Total:8
- Basement Description:Daylight, Full, Partially Finished
- Living area:1,965 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1951
- Building area:1,965 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Bungalow
- Construction Materials:Brick
- Exterior Features:Breezeway, Chimney Caps, Covered, Lighting
- Foundation Description:Basement, Block, Drainage System
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$215,000
- Price per sq. ft.:$109.41
- Tax amount:$1,062
Features and amenities
- Appliances:Free Standing Freezer, Free Standing Gas Oven, Free Standing Refrigerator, Gas Cooktop
- Amenities:Entrance Foyer, High Speed Internet, Programmable Thermostat
Parking
- Parking description:Detached, Driveway, One Car Garage
- Garage spaces:1
New listings near 9327 Schaefer Highway
- New
$130,000Active3 beds 2 baths1,506 sq. ft.917 Burlingame Street, Detroit, MI 48202
MLS# 20261046781Listed by: KW SHOWCASE REALTY - New
$50,000Active4 beds 1 baths900 sq. ft.18831 Brinker Avenue, Detroit, MI 48234
MLS# 20261046788Listed by: REAL BROKER, LLC - New
$50,000Active4 beds 1 baths900 sq. ft.18831 Brinker, Detroit, MI 48234
MLS# 61004403Listed by: REAL BROKER, LLC - New
$80,000Active3 beds 1 baths968 sq. ft.12793 Payton Street, Detroit, MI 48224
MLS# 20261046760Listed by: MUNOZ REALTY INC - New
$115,000Active3 beds 1 baths1,915 sq. ft.7140 Iowa Street, Hamtramck, MI 48212
MLS# 20261046762Listed by: MR REALTY PLUS - New
$65,000Active3 beds 2 baths1,200 sq. ft.2460 S Deacon Street, Detroit, MI 48217
MLS# 20261046764Listed by: MUNOZ REALTY INC - New
$99,900Active3 beds 1 baths881 sq. ft.7815 Artesian Street, Detroit, MI 48228
MLS# 20261046773Listed by: EMPIRE REALTY GROUP - New
$49,900Active3 beds 1 baths1,059 sq. ft.15026 Eastburn Street, Detroit, MI 48205
MLS# 20261046457Listed by: RE/MAX FIRST - New
$59,000Active1 beds 1 baths616 sq. ft.3441 S Edsel Street, Detroit, MI 48217
MLS# 20261046745Listed by: RE/MAX LEADING EDGE - New
$58,000Active3 beds 1 baths960 sq. ft.18821 Caldwell Street, Detroit, MI 48234
MLS# 20261044913Listed by: EXP REALTY MAIN