Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income.
One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027. Property features include a new electrical panel, updated interiors, and convenient rear parking.
A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today!
Tenant occupied. No showings prior to accepted offer. Please do not disturb tenants.
For sale
$209,000
8676 Schaefer Hwy, Detroit, MI 48228
4beds
2,786sqft
Duplex
Built in 1953
-- sqft lot
$205,600 Zestimate®
$75/sqft
$-- HOA
What's special
- 16 days
- 103
- 19
Zillow last checked:
Listing updated:
Listed by:
Brittney Dickerson 888-501-7085,
EXP Realty Main 888-501-7085,
Future D Davis 888-501-7085,
EXP Realty Main
Source: Realcomp II,MLS#: 20261078299
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,786 sqft
- Finished area above ground: 1,868
- Finished area below ground: 918
Property
Features
- Levels: One And One Half
- Stories: 1.5
- Pool features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 47 x 110
Details
- Parcel number: W22I029629S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Sewer At Street
- Water: Waterat Street
Community & HOA
Community
- Subdivision: ROBERT OAKMAN LAND COS AVIATION FIELD SUB 4 L58 P48
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $59,668
- Annual tax amount: $7,352
- Date on market: 9/28/2026
- Cumulative days on market: 16 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$205,600
$195,000 - $216,000
$1,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $209,000+49.3%$75/sqft |
Source: | ||
| 12/4/2024 | Sold | $140,000-12.5%$50/sqft |
Source: | ||
| 10/25/2024 | Pending sale | $160,000$57/sqft |
Source: | ||
| 9/11/2024 | Listed for sale | $160,000-20.2%$57/sqft |
Source: | ||
| 7/22/2024 | Listing removed | -- |
Source: | ||
| 7/2/2024 | Listed for sale | $200,500$72/sqft |
Source: | ||
| 6/26/2024 | Pending sale | $200,500$72/sqft |
Source: | ||
| 2/6/2024 | Listed for sale | $200,500-4.5%$72/sqft |
Source: | ||
| 1/16/2024 | Listing removed | -- |
Source: | ||
| 12/29/2023 | Listed for sale | $210,000-6.7%$75/sqft |
Source: | ||
| 12/18/2023 | Listing removed | -- |
Source: | ||
| 12/11/2023 | Listed for sale | $225,000+275%$81/sqft |
Source: | ||
| 10/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/27/2023 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 7/15/2022 | Sold | $60,000-25%$22/sqft |
Source: | ||
| 7/5/2022 | Pending sale | $80,000$29/sqft |
Source: | ||
| 6/27/2022 | Price change | $80,000-20%$29/sqft |
Source: | ||
| 6/22/2022 | Listed for sale | $100,000$36/sqft |
Source: | ||
| 3/4/2021 | Listing removed | $100,000$36/sqft |
Source: | ||
| 1/4/2021 | Pending sale | $100,000$36/sqft |
Source: | ||
| 11/19/2020 | Listed for sale | $100,000+2477.3%$36/sqft |
Source: Reach Realty Group, LLC #2200095215 Report a problem | ||
| 7/3/2012 | Sold | $3,880-84.5%$1/sqft |
Source: Public Record Report a problem | ||
| 7/10/2008 | Sold | $25,000-58.3%$9/sqft |
Source: Public Record Report a problem | ||
| 8/8/2006 | Sold | $60,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $49,000 +27.9% |
| 2024 | -- | $38,300 +8.8% |
| 2023 | -- | $35,200 +33.8% |
| 2022 | -- | $26,300 +6.9% |
| 2021 | -- | $24,600 |
| 2020 | $1,012 +44.8% | $24,600 +33% |
| 2019 | $699 | $18,500 +6.9% |
| 2018 | $699 | $17,300 +0.6% |
| 2017 | -- | $17,200 +186.7% |
| 2016 | $978 | $6,000 |
| 2015 | $978 +38.8% | $6,000 -14.8% |
| 2013 | $704 -28% | $7,041 -27.9% |
| 2010 | $978 | $9,771 -18% |
| 2009 | -- | $11,916 -14.5% |
| 2008 | -- | $13,937 -3.5% |
| 2007 | -- | $14,442 +5.5% |
| 2005 | $160 | $13,689 +3% |
| 2004 | -- | $13,290 |
Find assessor info on the county website
Monthly payment
Est. payment







