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USAMIDetroitPlymouth-Monnier Heights9327 Schaefer Hwy
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9327 Schaefer Hwy, Detroit, MI

House

For Sale

Listed price in listed location currency (USD).
$215,000

431

MLS® 20251043800

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1965 sqft
Garage Yes
Taxes $1,063
Days Active 233
Lot Size 
Approx. Age 1951
Avg. Price Per Sqft $109
MLS® Number 20251043800

Property Address: 9327 Schaefer Hwy, Detroit, MI, 48228-2518

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number20251043800
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1951
BasementDaylight, Full, Partially Finished
DrivewayOne Car Garage, Detached, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$215,000List Price
May 15, 2026End Date
$1,800Sold Price

Leased

Mar 7, 2026List Date
$1,800List Price
How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $103,000 and $271,000.
Similar properties in this area sold on average for: $103,945
Expected to sell very soon! Similar properties sold in 54 days. This home has been on Zoocasa for 233 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
9327 Schaefer Hwy, Detroit, MI

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