Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Property Details
Price:
$2,800,000
MLS #:
58050188314
Status:
Active
Beds:
44
Baths:
44
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ESPER GARDENS
Neighborhood:
05042det6tiregrnfldlivernois
Listed Date:
Sep 12, 2025
Finished Sq Ft:
28,406
Year Built:
1957
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
36 Full Bathrooms, 8 Half Bathrooms
Heating
Natural Gas, Separate Meters, Steam
Exterior
Financial
Taxes
$64,580
Map
Community
- Address8207 Schaefer Detroit MI
- SubdivisionESPER GARDENS
- CityDetroit
- CountyWayne
- Zip Code48228
Market Summary
Current real estate data for Single Family in Detroit as of Oct 31, 2025
3,483
Single Family Listed
109
Avg DOM
83
Avg $ / SqFt
$150,957
Avg List Price
Property Summary
- Located in the ESPER GARDENS subdivision, 8207 Schaefer Detroit MI is a Single Family for sale in Detroit, MI, 48228. It is listed for $2,800,000 and features 44 beds, 44 baths, and has approximately 28,406 square feet of living space, and was originally constructed in 1957. The current price per square foot is $99. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,957. To schedule a showing of MLS#58050188314 at 8207 Schaefer in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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