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8676 Schaefer Highway Detroit, MI $ 209,000
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8676 Schaefer Highway
$ 209,000
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8676 Schaefer Highway

Detroit, MI, 48228
$ 209,000
Bedrooms4 Baths2.0 Sq 2,786

Monthly Estimate*

$ 1,320

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Multi-Family Home for sale in Detroit, MI

for $209,000 with 4 bedrooms and 2 full baths. This 2,786 square foot home was built in 1953 on a lot size of 0.12.

Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income. One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027. Property features include a new electrical panel, updated interiors, and convenient rear parking. A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today! Tenant occupied. No showings prior to accepted offer. Please do not disturb tenants.

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Multi-Family Active

Price

$ 209,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,352

Style

Duplex

Lot Size

0.12

Year Built

1953

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261078299
Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials Brick
Pets Allowed No
Year Built 1953
Levels OneAndOneHalf
Property Subtype MultiFamily
County Wayne
Net Operating Income 31200.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ROBERT OAKMAN LAND COS AVIATION FIELD SUB 4 L58 P48
Garage Y/N N
Full Baths 2
Status Active
Directions From Joy Rd head north on Schaefer Hwy. Property is located on Schaefer Hwy north of Joy Rd.
City DetroitCity_Wayne
Disclosures NoRestrictions ProjectedIncome TaxesPartiallyHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 7352.0
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 Owner
Tax Assessed Value 59668
Expected Active Date 2026-09-28
Legal Description E SCHAEFER HWY N 17.5 FT 3562 3563 S 9.5 FT 3564 AND W 10 FT OF VAC ALLEY ADJ R OAKMAN LAND COS AVIATION FIELD SUB NO 4 L58 P48 PLATS W C R 22/550 47 X 110
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1868.0
Half Baths 0
Below Grade Finished Area 918.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source WateratStreet
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 47X110
Lot Size Acres 0.12
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 8676
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* Excluded Features
List By
Brittney Dickerson

Listing Agent

Exp Realty Main

Broker

(313) 405-4345

Phone

Affordability Calculator

$1,932
Per Month
68%
32%
0%
Monthly Principal & Interest
$1,320
Monthly Property Taxes
$613
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/28/2026$209,000 Listed Price

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8676 Schaefer Highway, Detroit, MI, 48228 is a Multi-Family Home for sale at $209,000 with 2,786 sqft and a lot size of 0.12. 8676 Schaefer Highway has 4 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 48228 which is in Detroit, MI

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