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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1203912041 12039-12041 Schaefer Hwy , Detroit, MI 48227
$154,900
Est. Payment: $344.22/mo
2 Bath
0.06 Acres
Status: active | Days on site: 35
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Jim Blehm
Team Owner, Realtor®

House Description

Great investment opportunity! Side-by-side duplex conveniently located near I-96 and Grand River Avenue. Each unit features its own private front and back entrances with private basement. Both units are occupied by long-term tenants, providing an established rental opportunity. Both units received new furnaces in 2024, and the hot water heater in 12041 was replaced in 2026. Property consists of two parcels, 12039 and 12041 Schaefer Road, both included in the sale. Available individually or as part of a six-property investment portfolio.

Highlights

Listed by Colleen Kennedy , 248-417-1396 Prospect Realty Group , 248-417-1396. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.06

HOA Fee

Year Built

1948

County

Wayne

School District

Detroit

Listing ID

20261078480

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
Water:Public

Exterior Features

Principal Interest
$344
Taxes
$1
HOA
$0

Home Price

$154,900

Loan Details

30 yrs
0%

Down Payment

20%
$30,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$344.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $344.22 $0.75 $0.00 $344.97
Yearly $4,130.67 $9.00 $0.00 $4,139.67
Total $123,920.00 $270.00 $0.00 $124,190.00
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T18:23:34.000Z

© 2026 MichRIC