$215,000

9327 Schaefer Highway – 48228

Detroit, Michigan 48228

We Care Community Neighborhood

4 Beds

3 Baths

1965 Sq FT

$109.41 Price per Sq Ft

Highlights

FreeStandingFreezerFreeStandingGasOvenFreeStandingRefrigeratorGasCooktopEntranceFoyerHighSpeedInternet

About This Home

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.

Listing Agent

Patrice Henderson

Max Broock Realtors

Listed on : October 9, 2025

Activity

Days on Market:

258

Home Details

Home Type

Residential

Est. Annual Taxes

$1,063

Year Built

Built in 1951

Lot Details

0.1 Acre Lot
Lot Dimensions are 40X110

Parking

OneCarGarage
Detached
Driveway

Home Design

ChimneyCaps
Lighting

Interior Spaces

1,965 Sq Ft Home
EntranceFoyer
HighSpeedInternet
ProgrammableThermostat

Kitchen

Flooring

Bedrooms and Bathrooms

4 Bedrooms
3 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48228

Utilities

ForcedAir, NaturalGas
WindowUnits
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

Contact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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