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$2,800,000 for Sale

8207 schaefer, detroit, MI 48228

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Property Description
Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
General Information
Sale Price: $2,800,000
Price/SqFt: $99
Status: Active
MLS#: 50188314
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: esper gardens
Acres: 0.62
Lot Dim: 27007
Bedrooms:44
Bathrooms:44   (36 full, 8 half)
Size: 28,406 sq.ft.
Acreage: 0.62 est.
Year Built: 1957
Style: 2 Story
Features & Room Sizes
Basement:  Yes
Heating:  Boiler
Tax, Fees & Legal
Est. Summer Taxes:  $55,378
Est. Winter Taxes:  $9,202


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Justin Zehel of Keller Williams Paint Creek

This listing last updated: Fri, September 12, 2025 at 2:38:07 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, October 22 2025 at 5:45pm
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Listings presented by:
Justin Zehel
Keller Williams Paint Creek
Call: (248) 979-3466

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