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12039 Schaefer Highway

Detroit, Michigan 48227
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Bed 4

Bed

Bath 2

Bath

SqFt952

Sqft

Acres0.06

Acre(Lot)

Great investment opportunity! Side-by-side duplex conveniently located near I-96 and Grand River Avenue. Each unit features its own private front and back entrances with private basement. Both units are occupied by long-term tenants, providing an established rental opportunity. Both units received new furnaces in 2024, and the hot water heater in 12041 was replaced in 2026. Property consists of two parcels, 12039 and 12041 Schaefer Road, both included in the sale. Available individually or as part of a six-property investment portfolio.

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Detail Ic Property Details

Property Type : Multifamily

Price : $154,900

AD Id : 91549836

MLS Id : 20261078480

Beds : 4

Lot Size : 0.06 Acre

Living Area Size : 952 Sq. Ft

Tax Amount : $9

Year Built : 1948

County : Wayne

Subdivision: Pavedway

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Laundry Facility Basement Description: Interior Entry,Unfinished,Private
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1948 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Brownstone
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.06 Lot Dimensions: 27X90 Frontage Feet: 27
  • Property Information

    SQ ft: 952 Subdivision: Pavedway Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    Original List Price: $154,900
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2026. W SCHAEFER HWY S 11 FT 198 N 16 FT 199 PAVEDWAY SUB L51 P6 PLATS, W C R 22/582 27 X 90

  • Tax Information

    Annual Tax: $9 Parcel Number: W22I030963S
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2026. W SCHAEFER HWY S 11 FT 198 N 16 FT 199 PAVEDWAY SUB L51 P6 PLATS, W C R 22/582 27 X 90

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
14828 Sussex Street , Detroit, MI, 48227 $180,000 5 3.5 2,674 0.10 Acre
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 09/29/2026 @ 11:34

MLS: 20261078480 LISTED BY: Colleen Kennedy , Prospect Realty Group 248-417-1396 SOURCE: Realcomp II Ltd

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