About This Home

This 4-bedroom, 2-bathroom residential multi family at 8676 Schaefer Highway in Detroit, MI is listed for $199,000 ($107 per sqft). Built in 1953, the home offers 1,868 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1953
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
2 full
1953
Listing Description

Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income. One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027.

Property features include a new electrical panel, updated interiors, and convenient rear parking. A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today! Tenant occupied. Please do not disturb tenants.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

8676 Schaefer Highway

Detroit, MI 48228

Robert Oakman Land Cos Aviation Field Sub 4 L58 P4

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 8676 Schaefer Highway is listed at $199,000 ($107/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.12 acre lot, 2 stories.

This property is listed by Brittney Dickerson.

BD

Brittney Dickerson

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 501-7085 · View on Broker Site

MLS# 20261078299· Source: Realcomp Limited II· 37 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8676 Schaefer Highway, Detroit, MI 48228

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