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9327 Schaefer, Detroit, MI 48228

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
9327 Schaefer,Detroit, MI 48228
$215,000
  • 4 Beds
  • 3 Baths
  • 1,565 sq. ft.
  • Single family
  • Active
Listed by: patrice henderson
Office: max broock realtors
MLS#:60944071
Source:MI_REALSOURCE

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...

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Home facts

  • Year built:1951
  • Subdivision & Development:Plymouth-Monnier Heights
  • Listing ID #:60944071
  • Added:384 day(s) ago
  • Updated:October 29, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:11
  • Dining Description:On Entry Level
  • Kitchen Description:Freezer, On Entry Level, Range/Oven, Refrigerator
  • Bedroom Description:Bedroom 1 on Second Level, Bedroom 2 on Entry Level, Bedroom 3 on Entry Level, Bedroom 4 on Second Level
  • Basement Description:Partially Finished
  • Living area:1,565 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1951
  • Building area:1,565 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Exterior Features:Fenced Yard
  • Foundation Description:Basement
  • Levels:1 1/2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$215,000
  • Price per sq. ft.:$109.41
  • Tax amount:$1,063

Features and amenities

  • Appliances:Freezer, Range/Oven, Refrigerator
  • Amenities:Cable/Internet Available, DSL Available

Parking

  • Parking description:Detached Garage
  • Garage spaces:1
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