Address
9327 Schaefer Highway, Detroit, MI
Price
$ 215,000
Property Attributes
- MLS#60944071
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodPlymouth-Monnier Heights
- Zip48228
- StyleBungalow
- Year Built1951
- Taxes$ 1062
- Price$ 215,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1565
- Lot Size0.1 Acres
Data Source:
MiRealSource (MIRS)
Property Description
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.
| Price History | |
|---|---|
| 10/10/2025 | Listed $230,000 |
| 10/27/2025 | 7$215,000 |
General Features
| Heating | Forced Air |
|---|---|
| Kitchen Level | Entry |
| Cooling | Window Unit(s) |
| Possession | At Close |
| Garage | Detached Garage |
| Water | Public Water |
| Appliances | Freezer,Range/Oven,Refrigerator |
| Status | Active |
| Full Baths | 2 |
| Half Baths | 1 |
| Bathrooms | 3 |
| Year Built | 1951 |
| Subdivision | Plymouth-Monnier Heights |
| Water Heater | Gas |
| Style | Bungalow |
| County | Wayne |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| ROOMS | Breezeway |
| Structure Style | 1 1/2 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| ACCESSIBILITY FEATURES | Accessible Bedroom,Accessible Full Bath |
| Area | Detroit (82001) |
| Primary City | Detroit |
| Virtual Tour | https://youtu.be/869e-B8KwGY |
| Directions | S of W Chicago/ Schaefer Hwy |
| City | Detroit |
| School District | Detroit City School District |
| Lease Y/N | No |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional,FHA,VA |
| Legal Description | W SCHAEFER 36&37 PLYMOUTH MONNIER HTS SUB L49 P50 PLATS,W C R 22/558 40 X 110 |
| DOM | 343 |
| Postal Code | 48228 |
| Price Per Sq Ft Total AG | 137.38 |
| Public Remarks | Turnkey investment opportunity with immediate income. This updated bungalow is currently leased at $1 |
Interior Features
| Interior Amenities | Cable/Internet Avail.,DSL Available |
|---|---|
| Dining Room Level | Entry |
| Living Room Level | Entry |
| Basement | Partially Finished |
| Bedroom 3 Level | Entry |
| Bedroom 1 Level | Second |
| Bedroom 2 Level | Entry |
| Kitchen Length | 9 |
| Living Room Length | 14 |
| Bedroom 4 Width | 9 |
| Bedroom 2 Width | 9 |
| Bedroom 3 Width | 9 |
| Dining Room Width | 7 |
| Bedroom 4 Length | 11 |
| Bedroom 2 Length | 11 |
| Living Room Width | 12 |
| Bedroom 3 Length | 10 |
| Dining Room Length | 9 |
| Kitchen Width | 9 |
| Beds | 4 |
| Fireplace? | No |
| Total Rooms | 11 |
| Bedroom 1 Length | 17 |
| Bedroom 1 Width | 8 |
| Below Grade SqFt | 700 |
| Above Grade SqFt | 1565 |
| Basement Y/N | Yes |
| Total SqFt Finished | 1965 |
| Bathroom 1 Length | 9 |
| Bathroom 1 Width | 7 |
| Bathroom 2 Length | 8 |
| Bathroom 2 Width | 5 |
Exterior Features
| Exterior | Brick |
|---|---|
| Exterior Amenities | Fenced Yard |
| Frontage | 40 |
| Garage Dimensions | 12x20 |
| Lot Size Area | 0.1 |
| Pool (Y/N) | No |
| Lot Dimensions | 40X110 |
| Garage # of Car | 1 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
| Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 48228
Price
Taxes
Year Built
Visits
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
