9327 Schaefer HWY, Detroit, MI 48228
9327 Schaefer HWY, Detroit, MI 48228
9327 Schaefer HWY, Detroit, MI 48228
44
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$215,000
Est. payment /mo
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4 Beds
3 Baths
1,565 SqFt
Active

9327 Schaefer HWY Detroit, MI 48228

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Cyrus Wheeler

Cyrus Wheeler

+1(313) 482-7432

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,565 sqft

Price per Sqft $137

Subdivision Plymouth-Monnier Heights

MLS Listing ID 20251043800

Style Bungalow

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1951

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

Property 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.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Daylight, Full, Partially Finished

Interior

Interior Features EntranceFoyer, HighSpeedInternet, ProgrammableThermostat

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Exterior

Exterior Feature ChimneyCaps, Lighting

Parking Features OneCarGarage, Detached, Driveway

Garage Spaces 1.0

Garage Description 12x20

Fence Back Yard, Fenced

Pool None

Utilities Available AboveGroundUtilities, CableAvailable

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Block, DrainageSystem

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Virtual Tour https://youtu.be/869e-B8KwGY

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Patrice Henderson of Max Broock Realtors

NEARBY SCHOOL & BUSINESS

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

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9327 Schaefer HWY