9327 Schaefer Highway, Detroit, MI 48228

Detroit
Local realty services provided by:ERA Prime Real Estate Group
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...

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Home facts

  • Year built:1951
  • Listing ID #:20251043800
  • Added:284 day(s) ago
  • Updated:July 21, 2026 at 09:54 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
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