19955 Schaefer Highway Detroit, MI ^$ 265,000

19955 Schaefer Highway

^$ 265,000

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19955 Schaefer Highway

Detroit, MI, 48235

^$ 265,000

Studio Baths2.0 Sq 2,444

Monthly Estimate*

^$ 1,673

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Studio

Multi-Family Home for sale in Detroit, MI

for $265,000 with 2 full baths. This 2,444 square foot home was built in 1958 on a lot size of 0.12.

Nice investment opportunity on Detroit's upper west side. Fully occupied duplex with 3 BR in each unit and $2,975 in total monthly rental income. Tenants pay individually metered electric and gas. Large basement storage areas. Recent updates include new roof, new bathrooms, new furnaces, new kitchen appliances and new washers and dryers. Solid cash flowing asset!

Multi-Family Active

Price

^$ 265,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,455

Style

Lot Size

0.12

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61024833

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1958

Subdivision Manhattan City Park MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 28915

Ownership Bank Owned

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Head west onto Pembroke Ave then turn right onto Schaefer Hwy. The house will be on your left-hand side.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description W SCHAEFER HWY 43&44 AND E 8 FT VAC ALLEY ADJ MANHATTAN CITY PARK SUB L39 P28 PLATS W C R 22/216 40 X 133.04

DOM 13

Postal Code 48235

Price Per Sq Ft Total AG 108.43

Public Remarks Nice investment opportunity on Detroit's upper west side. Fully occupied duplex with 3 BR in each unit and $2

Interior

Basement Poured

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Lot Size Area 0.12

Lot Dimensions 40X133.04

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Christian Brown

Listing Agent

Oak And Stone Real Estate

Broker

myrealtorbrown@gmail.com

Affordability Calculator

$2,294

Per Month

Monthly Principal & Interest: $1,673
Monthly Property Taxes: $621
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$257,069

Percent of Sale Price 3%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/26/2026	$265,000		Listed Price

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19955 Schaefer Highway, Detroit, MI, 48235 is a Multi-Family Home for sale at $265,000 with 2,444 sqft and a lot size of 0.12. 19955 Schaefer Highway is a studio with 2.0 baths and was built in 1958. The property's zip code is 48235 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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19955 Schaefer Highway

Multi-Family Home for sale in Detroit, MI

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