18512 Schaefer Highway Detroit, MI $ 205,000
18512 Schaefer Highway
$ 205,000
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18512 Schaefer Highway

Detroit, MI, 48235
$ 205,000
Baths2.0 Sq 2,000

Monthly Estimate*

$ 1,262

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Studio

Multi-Family Home for sale in Detroit, MI

for $205,000 with 2 full baths. This 2,000 square foot home was built in 1948 on a lot size of 0.06.

MOVE Quick, this will not last long. This all-brick duplex offers an excellent investment opportunity with close access to major commuter routes, shopping, and grocery stores. Conveniently located near the Lodge Freeway, Southfield Freeway, and I-96, the property ensures easy connectivity. The duplex features 4 bedrooms and 2 full bathrooms in total, with each unit providing 2 bedrooms, 1 bathroom, and private side-by-side entry. Renovations throughout enhance the appeal and functionality of the home. One unit is vacant, while the other is tenant-occupied by a cooperative tenant who is flexible with showings. Whether you are looking to live in one unit and rent the other, or add to your investment portfolio, this property is move-in ready and a must-see. All measurements are approximate. Buyers must be accompanied by a licensed agent.

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Multi-Family Pending

Price

$ 205,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,587

Style

Bungalow,Cape Cod,Colonial,Duplex

Lot Size

0.06

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251050148

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style Bungalow CapeCod Colonial Duplex
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1948
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 13968.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name BLACKSTONE PARK
Garage Y/N Y
Full Baths 2
Status Pending
Directions Off Lodge FWY. and 7 Mile to Schaefer and OFF Lodge Service Drive
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05032Det6To8GrnfldToLimits
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 1587.0
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 Pending
Occupancy Type Vacant
Tax Assessed Value 7860
Expected Active Date 2025-10-30
Legal Description E SCHAEFER HWY N 10 FT 1054 S 17 FT FRT BG S 17.85 FT REAR 1055 BLACKSTONE PARK SUB L45 P51 PLATS W C R 22/286 27 IRREG
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2000.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features Garage
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 40X100
Lot Size Acres 0.06
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 18512
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* Excluded Features
List By
April A Griffin

Listing Agent

24/7 Realty Services Llc

Broker

(313) 855-8015

Phone

Affordability Calculator

$1,394
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,262
Monthly Property Taxes
$132
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
10/30/2025$205,000 Listed Price

Map


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18512 Schaefer Highway, Detroit, MI, 48235 is a Multi-Family Home for sale at $205,000 with 2,000 sqft and a lot size of 0.06. 18512 Schaefer Highway is a studio with 2.0 baths and was built in 1948. The property's zip code is 48235 which is in Detroit, MI