MI > Wayne > Detroit > 18625 Schoenherr
  • 8 Units
  • 5,054 SqFt
  • MLS# 50170399
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248-304-6700

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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. o 8-Unit Complex: Features updated windows and newer HVAC systems. o 12-Unit Complex: Equipped with newer HVAC systems. o All Units: 1-bedroom, 1-bathroom layouts in good condition. o 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. Seller financing is available--just ask! Other address included is 14103 Rochelle St, Detroit, MI 48205.

Property Information

Status
Active 
Address
18625 Schoenherr 
City
Detroit 
Zip
48205 
Year Built
1965 
Listing Date
04/03/2025 
List Price
$800,000
Subdivision
Schoenherrs Home Sub 
County
Wayne 
Above Grade SqFt
5,054 
Total No of Units

School Information

School District
Detroit 

Taxes

Taxes
$5,637 
Summer Taxes
$5,037 
Winter Taxes
$600 

Rooms and Land

Lot Dimensions
65x124x65x124 
Total Acres
0.19 

Features

Heating
Forced Air 

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  • Market Statistics
  • Property History
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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
50170399 Active Apr 3 2025 1:52PM $800,000 15
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

MIRM Logo

Listing Courtesy of Keller Williams Paint Creek
(248) 609-8000
Office Address 440 S Main Street
Originating MLS: MiRealSource
Source MLS: MiRealSource

18625 Schoenherr Detroit
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$800,000
For Sale • No. of Units: 8