$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

Alaysia Means

eXp Realty

313-758-9413

Contact Alaysia

Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.

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