9190 Schaefer Highway
Detroit, MI, 48228 $ 49,900
Baths2.0 Sq 1,416 Monthly Estimate*
$ 307
Studio for $49,900 with 2 full baths. This 1,416 square foot home was built in 1955 on a lot size of 0.12.
Opportunity meets flexibility at 9190 Schaefer, Detroit, MI 48228: a multi-family home with 1,416 sq ft and a layout that invites a smart, value-add transformation. With a little bit of fire damage and a clear need for some loving, this is the kind of hands-on project fix and flip investors look for when they want room to create, reposition, and capture upside through the finish work. Inside, the footprint is set up with 2 bedrooms and 2 baths, giving you a strong starting point for multiple exit strategies. The property can be converted into 1 unit, 2 units, or even 2 bed, 2 units, letting you tailor the configuration to your plan and your crew's strengths, whether that means designing a single larger residence or reworking it into separate living spaces. The existing 2 bedroom, 2 bath count also supports practical, straightforward planning as you map out repairs and improvements. Sitting on a 5,184 sq ft lot, the site adds breathing room beyond the walls and helps support the type of functional exterior use many buyers and residents appreciate. That lot size can give your renovation a stronger finish line, with the space to present the property cleanly, define outdoor areas, and deliver a more complete, polished final product that complements the interior changes you make. If you are looking for a Detroit multi-family sale where the story is not already written, this one stands out for its combination of existing space, workable core specs, and conversion potential. Request details and schedule a showing to evaluate 9190 Schaefer in person and lock in your renovation plan.
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FeaturesGeneralHeating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1955
Subdivision Robert M Grindleys Sub 5 MI
Style Ranch
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 25000
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions Take Shaefer North of Joy property on east side of block
City Detroit
School District Detroit City School District
Financial Terms Cash Exchange/Trade
Legal Description E SCHAEFER HWY S 40.75 FT OF W 127 FT 17 ROBERT M GRINDLEYS SUB NO 5 L31 P18 PLATS W C R 22/559 40.75 X 127
DOM 3
Postal Code 48228
Price Per Sq Ft Total AG 35.24
Public Remarks Opportunity meets flexibility at 9190 Schaefer Detroit MI 48228: a multi-family home with 1 416 sq ft and a layout that invites a smart
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ExteriorExterior Brick
Lot Size Area 0.12
Lot Dimensions 40.75X127
Roads Paved Street
Waterfront Y/N No
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InteriorFireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded FeaturesList ByRashad ElabedListing Agent
rashad@detroitexperts.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $307
- Monthly Property Taxes
- $471
- 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.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $285,720
Percent of Sale Price 473%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $49,900 | | Listed Price |