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$154,900
Monthly Est:$771
-- Bed
2 Baths2 full baths
952sqft
12039-12041 Schaefer Hwy, Detroit, MI 48227
$154,900
$771/moEst:
Get Pre-Approved
Multi Family
Built in 1948
$-- HOA
2,613.6 sqft lot
$163/sq.ft
Description
Great investment opportunity! Side-by-side duplex conveniently located near I-96 and Grand River Avenue. Each unit features its own private front and back entrances with private basement. Both units are occupied by long-term tenants, providing an established rental opportunity. Both units received new furnaces in 2024, and the hot water heater in 12041 was replaced in 2026. Property consists of two parcels, 12039 and 12041 Schaefer Road, both included in the sale. Available individually or as part of a six-property investment portfolio.
- Houzeo last checked: 7 minutes ago
- Listing updated: September 30, 2026 at 4:27 pm
- Listing Provided by: Colleen Kennedy (248) 417-1396 DRE #6502432717 | Prospect Realty Group (248) 417-1396
- Source: MiRealSource MLS-MI | MLS#: 61034218
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
952 sqft
Lot Size
2,613.6 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
61034218
MLS Status
Active
Days on Market
10
Cumulative Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 2
Interior
Heating
Forced Air
Construction
Year Built
Year Built: 1948
Home type
Multi Family
Foundation Details
Basement
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Basement
Block, Poured
Laundry Features
Common Area
Other Features
Disclosures
Signed Disclosure
Subdivision Name
Pavedway
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Listed for Sale | $154,900 $163/sqft |
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Based on information from MiRealSource through Oct 09, 2026, 06:30AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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