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Street View
$154,900
Monthly Est:$771
-- Bed
2 Baths2 full baths
952sqft
12039 Schaefer Hwy, Detroit, MI 48227
$154,900
$771/moEst:
Get Pre-Approved
Multi Family
Built in 1948
$-- HOA
0.06 acre 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: 1 minute ago
- Listing updated: September 30, 2026 at 4:00 pm
- Listing Provided by: Colleen Kennedy (248) 417-1396 | Prospect Realty Group (248) 417-1396
- Source: Realcomp MLS-MI | MLS#: 20261078480
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
952 sqft
Lot Size
0.06 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261078480
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, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1948
Home type
Multi Family
Architectural Style
Brownstone
Foundation Details
Basement, Block, Poured
Construction Materials
Brick
Utilities & Energy
Laundry Features
In Unit
Basement
Full, Interior Entry, Private, Unfinished
Water Source
Public
Pool Features
None
Other Features
Disclosures
Conformsto Zoning, Legal Rental Certified, Exclusions Do Not Exist, No Restrictions, Projected Income, Taxes Not Homestead Exempt
Subdivision Name
Pavedway
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Listed for Sale | $154,900 +15390.00% $163/sqft |
11/12/2024 Source: | Price Decreased | $1,000 -4.76% $1/sqft |
11/12/2024 Source: | Sold | $1,050 $1/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 07:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial 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. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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