MI > Wayne > Detroit > 16222 Schaefer Highway
  • 10 Units
  • 7,911 SqFt
  • MLS# 20250005861
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248-304-6700

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248-208-3883

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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.

Property Information

Status
Sold 
Address
16222 Schaefer Highway 
City
Detroit 
Zip
48235 
Year Built
1962 
Style
Upper/Lower Apartment 
Possession
At Close 
Architecture
3 Story 
Listing Date
01/27/2025 
Sold Price
$275,000
Subdivision
Monnier-Puritan (plats) 
County
Wayne 
Total Lower SqFt
2,000 
Above Grade SqFt
7,911 
Total No of Units
10 

School Information

School District
Detroit 

Taxes

Summer Taxes
$11,174 
Winter Taxes
$623 

Rooms and Land

Lot Dimensions
74.00 x 110.00 
Total Acres
0.19 

Features

Style
Upper/Lower Apartment 
Basement
Partially Finished 
Cooling
Ceiling Fan(s), Wall Unit(s) 
Heating
Baseboard, Natural Gas 

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  • Property History
  • Schools Information
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Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20250005861 Sold Pending Apr 16 2025 8:05AM $275,000 22
20250005861 Pending Contingency Mar 27 2025 1:40PM 22
20250005861 Contingency Active Mar 5 2025 10:06AM 22
20250005861 Active Contingency Mar 3 2025 6:39PM $275,000 $350,000 22
20250005861 Contingency Active Feb 16 2025 5:05PM 22
20250005861 Active Jan 28 2025 2:14AM $350,000 22
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MIRC Logo

Listing Courtesy of Tyson Reeves & Associates Realty
(248) 212-3312
Office Address 14548 Eastport Dr

16222 Schaefer Highway Detroit
Contact us
$275,000
Sold • No. of Units: 10