14881 Schaefer Highway
Detroit, MI, 48227
$1,900,000
Beds
48 Baths
0 SqFt
0.7 Acres
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$1,900,000
14881 Schaefer Highway
Detroit, MI, 48227
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.

Property Details

Price:
$1,900,000
MLS #:
20251055692
Status:
Active
Beds:
0
Baths:
48
Address:
14881 Schaefer Highway
Type:
Single Family
City:
Detroit
Listed Date:
Nov 21, 2025
State:
MI
ZIP:
48227
Lot Size:
30,492 sqft / 0.70 acres (approx)
Year Built:
1965

Schools

School District:
Detroit

Interior

Heating
Baseboard, Radiant

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$214,270
Taxes
$32,952
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14881 Schaefer Highway
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