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Sold for $520,000
  • $520,000

    18625 Schoenherr St, Detroit, MI 48205

    8beds
    5,054sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $526,300 Zestimate®
    $103/sqft
    $1,014 Estimated rent

    Home value

    $526,300

    $474,000 - $584,000

    $1,014/mo

    Zestimate® history
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    $1,014/mo

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    $3,716/mo

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    What's special

    Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. • 8-Unit Complex: Features updated windows and newer HVAC systems. • 12-Unit Complex: Equipped with newer HVAC systems. • All Units: 1-bedroom, 1-bathroom layouts in good condition. • Heating: No boilers—each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Other address included is 14103 Rochelle St, Detroit, MI 48205.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Zehel 248-979-3466,

    Keller Williams Paint Creek

    Bought with:

    Justin Zehel, 6501397844

    Keller Williams Paint Creek

    Source: MiRealSource,MLS#: 50170399MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced Air
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 5,054
    • Total interior livable area: 5,054 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,276 Square Feet
    • Dimensions: 65 x 124 x 65 x 124
    Details
    • Parcel number: 21029807.
    • Special conditions: Private

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Basement
    Condition
    • Year built: 1965

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Schoenherrs Home Sub
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $103/sqft
    • Annual tax amount: $5,637
    • Date on market: 4/3/2025
    • Cumulative days on market: 126 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Purchase Money MTG

    Price history

    DateEventPrice
    8/4/2026Listing removed$925
    Source: Zillow Rentals Report a problem
    6/30/2026Listed for rent$925
    Source: Zillow Rentals Report a problem
    9/1/2025Sold$520,000-12.7%$103/sqft
    Source: MiRealSource #50170399 Report a problem
    8/7/2025Pending sale$595,900$118/sqft
    Source: MiRealSource #50170399 Report a problem
    7/10/2025Price change$595,900-11.7%$118/sqft
    Source: MiRealSource #50170399 Report a problem
    6/3/2025Price change$675,000-3.6%$134/sqft
    Source: MiRealSource #50170399 Report a problem
    5/20/2025Price change$699,900-6.7%$138/sqft
    Source: MiRealSource #50170399 Report a problem
    5/15/2025Price change$750,000-6.3%$148/sqft
    Source: MiRealSource #50170399 Report a problem
    4/3/2025Price change$800,000+255.6%$158/sqft
    Source: MiRealSource #50170399 Report a problem
    11/7/2024Pending sale$225,000$45/sqft
    Source: MiRealSource #50147920 Report a problem
    7/9/2024Listed for sale$225,000-6.3%$45/sqft
    Source: MiRealSource #50147920 Report a problem
    5/31/2024Listing removed--
    Source: Realcomp II #5050133619 Report a problem
    2/16/2024Listed for sale$240,000-7.7%$47/sqft
    Source: MiRealSource #50133619 Report a problem
    8/16/2022Listing removed--
    Source: Realcomp II #5050064175 Report a problem
    6/2/2022Pending sale$260,000$51/sqft
    Source: MiRealSource #50064175 Report a problem
    5/12/2022Listed for sale$260,000$51/sqft
    Source: MiRealSource #50064175 Report a problem
    4/7/2022Pending sale$260,000$51/sqft
    Source: MiRealSource #50064175 Report a problem
    4/6/2022Price change$260,000-1.9%$51/sqft
    Source: MiRealSource #50064175 Report a problem
    1/15/2022Listed for sale$265,000$52/sqft
    Source: MiRealSource #50064175 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Franklin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Detroit City School District

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $526,300

    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

    $526,300