14881 Schaefer Highway Detroit MI 48227 MLS #20251055692

14881 Schaefer Highway
Detroit, MI, 48227
$1,900,000
Beds
48 Baths
25,970 SqFt
0.7 Acres
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Stacey Ann is a 48-unit multifamily property located in Northwest Detroit, offering stable cash flow with significant room for operational and rent growth. Built in 1965 and renovated in 2021, the property is currently 81% occupied, providing a clear path to increase NOI through lease-up, rent repositioning, and reduced management expenses.

This property is part of the Detroit 2 Portfolio (83 total units), which is currently 87%+ occupied and generating $686,000+ in annual income, offering investors a proven cash-flowing operation with meaningful upside in a supply-constrained rental market.

Property Details

Price:
$1,900,000
MLS #:
20251055692
Status:
Active
Beds:
0
Baths:
48
Type:
Single Family
Subtype:
Multi Family
Subdivision:
HURON HEIGHTS
Neighborhood:
05042det6tiregrnfldlivernois
Listed Date:
Nov 21, 2025
Finished Sq Ft:
25,970
Year Built:
1965
Short Sale05042 – Det 6-tire – Grnfld – Livernois05042det6tiregrnfldlivernoisHuron HeightsDetroitCall

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Schools

School District:
Detroit

Interior

Bathrooms
48 Full Bathrooms
Heating
Baseboard, Natural Gas, Radiant

Exterior

Architectural Style
Other
Construction Materials
Brick

Financial

Net Operating Income
$214,270
Taxes
$32,952

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Dec 01, 2025
3,359
Single Family Listed
112
Avg DOM
83
Avg $ / SqFt
$154,091
Avg List Price

Property Summary

    Located in the HURON HEIGHTS subdivision, 14881 Schaefer Highway Detroit MI is a Single Family for sale in Detroit, MI, 48227. It is listed for $1,900,000 and features 0 beds, 48 baths, and has approximately 25,970 square feet of living space, and was originally constructed in 1965. The current price per square foot is $73. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $154,091. To schedule a showing of MLS#20251055692 at 14881 Schaefer Highway in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of OakPointe Real Estate Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
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14881 Schaefer Highway
Detroit, MI