Turnkey investment opportunity with immediate income. This updated bungalow is currently leased at $1,800 per month under a one-year lease to a business tenant that has expressed interest in a longer-term tenancy, offering investors immediate cash flow with potential for continued occupancy. The property features extensive updates, including a new roof, laminate flooring, fresh paint, an expanded upper level for additional living space, and an updated kitchen complete with a stainless steel refrigerator and gas range. The partially finished basement adds additional functional space, enhancing overall usability and appeal. Major mechanical updates help reduce near-term capital expense concerns, including the furnace and hot water heater already in place, making this an attractive low-maintenance addition to a buy-and-hold portfolio. Conveniently located just minutes from the Aviation Subdivision, Eastborn Market, gas stations, I-96, and everyday amenities, this location supports strong ongoing rental appeal. A compelling opportunity for investors seeking a stabilized, income-producing asset with immediate returns and long-term upside. Measurements are approximate. Be sure to view the video tour and smart floor plan. Showings only upon accepted offer.
For sale
$215,000
9327 Schaefer Hwy, Detroit, MI 48228
4beds
1,965sqft
Single Family Residence
Built in 1951
4,356 Square Feet Lot
$212,300 Zestimate®
$109/sqft
$-- HOA
What's special
Partially finished basementFresh paintUpdated bungalowNew roofLaminate flooringUpdated kitchenStainless steel refrigerator
- 267 days |
- 126 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Patrice Henderson 248-780-2521,
Max Broock Realtors 248-851-4100
Source: Realcomp II,MLS#: 20251043800
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 136
- Dimensions: 17 X 8
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 11 X 9
Bedroom
- Level: Entry
- Area: 90
- Dimensions: 10 X 9
Bedroom
- Level: Second
- Area: 99
- Dimensions: 11 X 9
Other
- Level: Entry
- Area: 63
- Dimensions: 9 X 7
Other
- Level: Second
- Area: 40
- Dimensions: 8 X 5
Other
- Level: Basement
- Area: 30
- Dimensions: 6 X 5
Bonus room
- Level: Basement
- Area: 110
- Dimensions: 11 X 10
Dining room
- Level: Entry
- Area: 63
- Dimensions: 9 X 7
Kitchen
- Level: Entry
- Area: 81
- Dimensions: 9 X 9
Living room
- Level: Entry
- Area: 168
- Dimensions: 14 X 12
Heating
- Forced Air, Natural Gas
Cooling
- Window Units
Appliances
- Included: Free Standing Freezer, Free Standing Gas Oven, Free Standing Refrigerator, Gas Cooktop
Features
- Entrance Foyer, High Speed Internet, Programmable Thermostat
- Windows: Egress Windows
- Basement: Daylight,Full,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,965 sqft
- Finished area above ground: 1,565
- Finished area below ground: 400
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached, Driveway
- Garage spaces: 1
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Full Bath
Features
- Levels: One And One Half
- Stories: 1.5
- Entry location: GroundLevel
- Patio & porch: Breezeway, Covered
- Exterior features: Chimney Caps, Lighting
- Pool features: None
- Fencing: Back Yard,Fenced
Lot
- Size: 4,356 Square Feet
- Dimensions: 40 x 110
Details
- Parcel number: W22I031097C8
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block, Drainage System
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1951
- Major remodel year: 2025
Utilities & green energy
- Electric: Volts 220, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detectors, Exterior Video Surveillance, Other, Smoke Detectors
- Subdivision: PLYMOUTH-MONNIER HEIGHTS
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $12,036
- Annual tax amount: $1,062
- Date on market: 10/9/2025
- Cumulative days on market: 267 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$212,300
$202,000 - $223,000
$1,626/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2026 | Price change | $1,800-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/7/2026 | Listed for rent | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/27/2025 | Price change | $215,000-6.5%$109/sqft |
Source:  Realcomp II #20251043800 Report a problem | ||
| 10/10/2025 | Listed for sale | $230,000$117/sqft |
Source: Realcomp II #20251043800 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $29,500 +27.7% |
| 2024 | -- | $23,100 +10.5% |
| 2023 | -- | $20,900 +33.1% |
| 2022 | -- | $15,700 +6.8% |
| 2021 | -- | $14,700 |
| 2020 | $1,410 +52.9% | $14,700 +30.1% |
| 2019 | $922 | $11,300 +0.9% |
| 2018 | $922 | $11,200 -8.2% |
| 2017 | -- | $12,200 +7% |
| 2016 | $847 | $11,400 |
| 2015 | $847 -33.9% | $11,400 -28.9% |
| 2013 | $1,282 +51.3% | $16,027 -30.2% |
| 2010 | $847 | $22,964 -12% |
| 2009 | -- | $26,096 -13.5% |
| 2008 | -- | $30,169 |
| 2007 | -- | $30,169 +5.5% |
| 2005 | $128 | $28,596 +3% |
| 2004 | -- | $27,763 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Plymouth-Hubbell
Nearby schools
GreatSchools rating
- 3/10Mackenzie Elementary-Middle SchoolGrades: PK-8Distance: 0.9 mi
- 3/10Cody High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48228
- Plymouth-Hubbell
- 9327 Schaefer Hwy
Nearby cities
Nearby neighborhoods
Nearby zip codes
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