9327 Schaefer Highway Detroit, MI $ 215,000
9327 Schaefer Highway
$ 215,000
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9327 Schaefer Highway

Detroit, MI, 48228
$ 215,000
Bedrooms4 Baths2.1 Sq 1,965

Monthly Estimate*

$ 1,324

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Single Family Home for sale in Detroit, MI

for $215,000 with 4 bedrooms and 2 full baths, 1 half bath. This 1,965 square foot home was built in 1951 on a lot size of 0.1.

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.

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Single Family Active

Price

$ 215,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,062

Style

Bungalow

Lot Size

0.1

Year Built

1951

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251043800

Features
Interior
Interior Amenities EntranceFoyer HighSpeedInternet ProgrammableThermostat
Basement Daylight Full PartiallyFinished
Furnished Y/N Unfurnished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features EgressWindows
Fireplace Y/N N
Above Grade Finished Area 1565.0
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 400.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WindowUnits
Utilities AboveGroundUtilities CableAvailable
Possession AtClose
Roof Asphalt
Appliances FreeStandingFreezer FreeStandingGasOven FreeStandingRefrigerator GasCooktop
Garage Spaces 1.0
Patio/Porch Features Breezeway Covered
Architectural Style Bungalow
Pool Features None
Security Features CarbonMonoxideDetectors ExteriorVideoSurveillance Other SmokeDetectors
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Year Built 1951
Electric Volts220 CircuitBreakers
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
Accessibility AccessibleBedroom AccessibleFullBath
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name PLYMOUTH-MONNIER HEIGHTS
Garage Y/N Y
Total Rooms 8
Full Baths 2
Status Active
Directions S of W Chicago/ Schaefer Hwy
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1062.75
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 12036
Expected Active Date 2025-10-09
Legal Description W SCHAEFER 36&37 PLYMOUTH MONNIER HTS SUB L49 P50 PLATS W C R 22/558 40 X 110
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Exterior
Exterior Amenities ChimneyCaps Lighting
Fencing BackYard Fenced
Parking Features OneCarGarage Detached Driveway
Water Source Public
Foundation Details Basement Block DrainageSystem
Spa N
Lot Dimensions 40X110
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 9327
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* Excluded Features
List By
Patrice Henderson

Listing Agent

Max Broock Realtors

Broker

(248) 780-2521

Phone

Affordability Calculator

$1,412
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,324
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2025$215,000 -6.52% Price Down
10/10/2025$230,000 Listed Price

Map


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9327 Schaefer Highway, Detroit, MI, 48228 is a Single Family Home for sale at $215,000 with 1,965 sqft and a lot size of 0.1. 9327 Schaefer Highway has 4 bedrooms, 2.1 baths, and was built in 1951. The property's zip code is 48228 which is in Detroit, MI