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14881 Schaefer Highway, Detroit, MI 48227

$1,900,000

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BEDS0 BATHS48 full SQUARE FEET25,970 MLS#20251055692

STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHuron Heights SCHOOLDetroit

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Property Description

Stacey Ann is a 48-unit multifamily property located in Northwest Detroit, offering stable cash flow with significant room for operational and rent growth. Built in 1965 and renovated in 2021, the property is currently 81% occupied, providing a clear path to increase NOI through lease-up, rent repositioning, and reduced management expenses. This property is part of the Detroit 2 Portfolio (83 total units), which is currently 87%+ occupied and generating $686,000+ in annual income, offering investors a proven cash-flowing operation with meaningful upside in a supply-constrained rental market.

14881 Schaefer Highway | MLS# 20251055692

This multi-family property located at 14881 Schaefer Highway, Detroit, MI 48227 is currently listed for sale with an asking price of $1,900,000. Schaefer Highway is located within the Detroit school district. Search Detroit real estate on dduncan.griffithrealty.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Unfinished

Fuel Type: Natural Gas

Heating: Baseboard, Radiant

Lot Size: 0.70 Acres

Year Built: 1965

Feature Descriptions

Architecture: Other

Days on Site: 139

Exterior: Brick

Foundation: Basement

Lot Dimensions: 0.70 Acre(s)

Road Frontage: Paved

Summer Tax: $25432.0000

Winter Tax: $7520.0000

Year Remoldeled: 2021

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: OakPointe Real Estate Advisors
Agency Phone: (248) 972-7040

Shown By

Agent Name: Diane Duncan
Agent Phone: (810) 227-1016 ext. 215
Agency Title: Griffith Realty

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Estimated Payment

$ 4,782.74 per month $4,228.58 Principal & Interest $0.00 Property Tax (data not provided by mls) $554.17 Homeowner's Insurance

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14881 Schaefer Highway, Detroit, MI 48227

$1,900,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 1:00:45 AM EST) or RealComp MLS (last updated Thu 04/09/2026 12:46:11 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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14881 Schaefer Highway, Detroit, MI 48227

Property Description

14881 Schaefer Highway | MLS# 20251055692

Property Features

Feature Descriptions

Local Schools

Listed By / Shown By

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14881 Schaefer Highway, Detroit, MI 48227

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