BACK ON MARKET, UPDATED PRICE, !!!CASH ONLY!!! 10 unit apartment building on high traffic road in Detroit. Ready for investment income today. 4 upper units, 4 lower units and 2 two story units. 1 Gas Meter, 1 Water Meter, tenants pay electric bill for units. Price reflects repairs needed, nothing a small crew couldn't handle. 900-1050 previous section 8 rents. Do not disturb current tenants.
Sold for $275,000
$275,000
16222 Schaefer Hwy, Detroit, MI 48235
10beds
7,911sqft
Multi Family
Built in 1962
-- sqft lot
$288,500 Zestimate®
$35/sqft
$1,102 Estimated rent
Home value
$288,500
$260,000 - $323,000
$1,102/mo
Zestimate® history
Owner options
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$1,102/mo
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$1,102/mo
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$1,875/mo
Est. payment
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$1,875/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tyson T Reeves 248-212-3312,
Tyson Reeves & Associates Realty
Bought with:
Schakerra Edwards, 6501362351
Front Page Properties
Source: Realcomp II,MLS#: 20250005861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Baseboard, Natural Gas
Cooling
- Ceiling Fans, Wall Units
Appliances
- Laundry: Laundry Room
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 7,911 sqft
- Finished area above ground: 7,911
Property
Parking
- Parking features: Parking Lot, Unassigned
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 8,276 sqft
- Dimensions: 74.00 x 110.00
Details
- Parcel number: W22I030037C8
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Upper Lower Apartment
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: MONNIER-PURITAN (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Sold | $275,000$35/sqft |
Source:  Realcomp II #20250005861 Report a problem | ||
| 3/27/2025 | Pending sale | $275,000$35/sqft |
Source: Realcomp II #20250005861 Report a problem | ||
| 3/3/2025 | Price change | $275,000-21.4%$35/sqft |
Source: Realcomp II #20250005861 Report a problem | ||
| 1/28/2025 | Listed for sale | $350,000$44/sqft |
Source: Realcomp II #20250005861 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Harmony Village
Nearby schools
GreatSchools rating
- 4/10King John R. Academic And Performing Arts AcademyGrades: PK-8Distance: 0.4 mi
- 2/10Ford High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$288,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$288,500
- Michigan
- Wayne County
- Detroit
- 48235
- Harmony Village
- 16222 Schaefer Hwy
Nearby cities
Nearby neighborhoods
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