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Homes for sale in Detroit City Wayne, MI | 8207 Schaefer Hwy, Detroit City Wayne, MI 48228 | MLS# 58050188314
Homes for sale in Detroit City Wayne, MI | 8207 Schaefer Hwy, Detroit City Wayne, MI 48228 | MLS# 58050188314
Homes for sale in Detroit City Wayne, MI | 8207 Schaefer Hwy, Detroit City Wayne, MI 48228 | MLS# 58050188314
Homes for sale in Detroit City Wayne, MI | 8207 Schaefer Hwy, Detroit City Wayne, MI 48228 | MLS# 58050188314
Homes for sale in Detroit City Wayne, MI | 8207 Schaefer Hwy, Detroit City Wayne, MI 48228 | MLS# 58050188314
7+
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$2,200,000

  • Beds Icon44 Beds
  • Beds Icon
    44 Baths

    36 full baths + 8 half baths

  • Beds Icon28,406sqft

8207 Schaefer Hwy, Detroit City Wayne, MI 48228

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  • Multi Family

  • Built in 1957

  • $-- HOA

  • 27,007.2 sqft lot

  • $77/sq.ft

Description

Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!

  • Houzeo last checked: 46 Minutes ago
  • Listing updated: June 1, 2026 at 2:24 am
  • Listing Provided by: Justin Zehel | Keller Williams Paint Creek (248) 609-8000
  • Source: Realcomp MLS-MI | MLS#: 58050188314 Realcomp MLS-MI
  • Originating MLS: MiRealSource

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit City Wayne

  • Neighborhood

    --

  • Year Built

    1957

  • HOA Fees

    -

  • Finished Area

    28,406 sqft

  • Lot Size

    27,007.2 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    58050188314

  • MLS Status

    Active

  • Days on Market

    262

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