USAMIDetroitHuron Heights14881 Schaefer Hwy
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14881 Schaefer Hwy, Detroit, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,900,000

0480

MLS® 20251055692

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 25970 sqft
Garage No
Taxes $32,952
Days Active 53
Lot Size 0.7 acres
Approx. Age 1965
Avg. Price Per Sqft $73
MLS® Number 20251055692

Property Address: 14881 Schaefer Hwy, Detroit, MI, 48227-5606

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number20251055692
Laundry Level
Central VacNo
FireplaceNo
Acreage0.7
Exterior
GarageNo
Approx. Age1965
BasementFull, Unfinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 21, 2025List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
14881 Schaefer Hwy, Detroit, MI

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