8207 Schaefer Hwy, Detroit, MI 48228

Building Details

Year Built

1957

Listing office Eagle Realty LLC d/b/a Keller Williams Eagle Realty Z***@proteamkw.com Show Phone

Listing date Nov 28, 2025

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Eagle Realty LLC d/b/a Keller Williams Eagle Realty

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Overview

This is a renovated 40-unit brick apartment complex, consisting of four connected two-story buildings, each containing 10 units. The unit mix includes 36 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, situated on a 27,007 square foot site. The property currently has an 80% occupancy rate and features updated boilers and roof. An environmental assessment has been completed. The property includes a rear parking lot for tenants and a security system. A property manager is currently in place, offering the option for continued management or self-management. The complex is located near Dearborn and presents an opportunity for cash buyers or bank financing. The property can be sold as a package with three other apartment complexes.

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Parking Lot & Garage Dental Office Skin Care Clinic Hotel & Motel HVAC Service Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Detroit

County

Wayne

State

Michigan

Longitude

-83.1777

Latitude

42.3541

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FAQs

What type of property is this?

Apartment building - Renovated apartment complex near Dearborn with high demand.

Where is this apartment building located?

The property is located at 8207 Schaefer Hwy Detroit, MI.

What is the asking price?

The asking price for this property is $2,800,000.

What are key features of this property?

This property features: Renovated 40‑unit brick apartment complex.; High demand building near Dearborn.; Updated boilers and roof.