9327 Schaefer Highway, Detroit, MI 48228

• 4 beds |
• 3 baths |
• 1,965 sqft

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.

Listing Status:

Active

Date Added:

October 9, 2025

Data Last Updated:

July 21, 2026 at 8:45PM

Listing Office:

Max Broock Realtors : 248-851-4100

Listing Agent:

Patrice Henderson : 248-780-2521

MLS ID:

60944071

Interior

• General: Cable/Internet Avail.DSL Available
• Appliances: FreezerRange/OvenRefrigeratorGas Water Heater
• Basement: Partially Finished
• A/C: Window Unit(s)
• Heating: Natural GasForced Air
• Disability Feature: Accessible BedroomAccessible Full Bath

Exterior

• Style: Bungalow
• Parking: Parking spaces: 1

Construction

• General: BrickOne and One HalfBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: W SCHAEFER 36&37 PLYMOUTH MONNIER HTS SUB L49 P50 PLATSW C R 22/558 40 X 110
• Fencing: Fenced

Utilities

• Water: Public

Financial

• Source: MiRealSource