# 9327 Schaefer Highway, Detroit, MI 48228

> **TL;DR:** 4bd/3ba single family, $215,000 ($137/sqft), built 1951, 1,565 sqft.
> A/C. Est. $932/mo. Listed 235 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $215,000 |
| Price/sqft | $137 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,565 |
| Year Built | 1951 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 235 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $932 |
| **Total** | **$932** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1951
- 0.10 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 9327 Schaefer Highway, Detroit, MI 48228
- **County:** Wayne
- **Neighborhood:** Plymouth-Monnier Heights
- **Coordinates:** 42.364049, -83.178027
- **Google Maps:** https://www.google.com/maps?q=42.364049,-83.178027

## Listing Agent

- **Name:** Patrice Henderson
- **Brokerage:** Max Broock Realtors
- **Phone:** (248) 304-6700
- **Email:** patrice@designedlivingre.com

## Primary Photo

![9327 Schaefer Highway - Primary Photo](http://lh.rdcpix.com/e681854878e0e779ec0add901bfdbb8fl-f855951654r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.com/listing/9327-schaefer-highway-detroit-mi-48228-51043800)*

---

**MLS#:** 20251043800 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/9327-schaefer-highway-detroit-mi-48228-51043800)

---

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