2-Unit Updated
For Sale
$199,000
8676 Schaefer, Detroit, MI
Both two-bedroom residences are leased, with tenants in place through separate dates in 2026 and 2027.
Property SizeContact for details
Days on Market40
Property Features for 8676 Schaefer
General Information
Standard status
Active
Property subtype
Multi Family Home
Zoning
Multi-Family
Occupancy
100%
Financials
Gross Income
$31,200
Average Monthly Rent
$1,300
Site & Location
Neighborhood
Medical Center
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1953
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Exp Realty Main
(888) 501-7085
Listed By:
Brittney Dickerson
(313) 405-4345
Source:
Jabachler
Added: Sep 21
Changed: Oct 30
Last Checked: Oct 30 at 1:47AM
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 Exp Realty Main
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Investment Insights
Based on property information with market context.
Built in 1953, this duplex contains two two-bedroom residences. Interior updates and a replacement electrical panel are among its improvements, and rear parking serves the property. Multi-Family zoning is reported.
Both units are tenant-occupied under leases that extend through November 2026 and January 2027. One resident uses Section 8 assistance; the other pays rent directly.
Both units are tenant-occupied under leases that extend through November 2026 and January 2027. One resident uses Section 8 assistance; the other pays rent directly.
Key Highlights
- Two units, each configured with 2 bedrooms
- Leases run through November 2026 and January 2027
- One tenant uses Section 8; the other pays rent directly
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,556
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both two-bedroom residences are leased, with tenants in place through separate dates in 2026 and 2027.
Where is this duplex located?
The property is located at 8676 Schaefer Detroit, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two units, each configured with 2 bedrooms; Leases run through November 2026 and January 2027; One tenant uses Section 8; the other pays rent directly
