$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
Taxes
$32,952
Mortgage Calculator
Map
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14881 Schaefer Highway
Detroit, MI
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