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1 / 14Show Map Show Gallery 12039-12041 Schaefer HighwayDetroit City_Wayne, Michigan 48227FOR SALE · Active$154,900$163 / Sqft2Baths952Sqft0.06Acres1948Yr. BuiltMLS# 20261078480Cumulative Days on Market: 46 · Includes prior listings · Currently listed since 09/28/26 · Data provided by the MLS.Property 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.
Property Highlights
Property TypeResidential IncomeProperty Sub TypeMulti FamilyArchitectural StyleBrownstoneTotal Bathrooms2Living Area952Price / Sqft$163Acres0.06Year Built1948Cumulative Days on Market46Location
AreaArea05042Det6Tire Grnfld LivernoisCity/TownshipDetroit City_WayneSubdivisionPAVEDWAYCountyWayneZoning DescriptionResidentialProperty Details
Price$154,900Property TypeResidential IncomeProperty Sub TypeMulti FamilyBuilding
LevelsTwoCommunity
Local Schools
School DistrictDetroitInterior Features
Bedrooms and Bathrooms
Total Bathrooms2Full Bathrooms2Rooms and Basement
Has BasementYesBasement FeaturesFull, Interior Entry, Private, UnfinishedArea and Spaces
Living Area952Above Grade Finished Area952Number of Units2Interior Features
Laundry FeaturesIn UnitHeating and Cooling
Heating FeaturesForced Air, Natural GasBuilding Details
Construction
Architectural StyleBrownstoneYear Built1948FoundationsBasement, Block, PouredMaterials
Construction MaterialsBrickTerms
Terms
Special ConditionsShort Sale No, StandardSpecial TermsCash, Conventional, Warranty DeedCumulative Days on Market46Taxes
Tax
Tax (Annual)$9Tax Assessed Value105.00Heating, Cooling & Utilities
Utilities
SewerPublic SewerWater SourcePublicLot
Acres0.06Lot Dimensions27X90Road FrontagePavedPool Features
Pool FeaturesNone
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per month. fixed. % interest.$%$%Principal & Interest+ Home Insurance+ Property Tax+ HOA FeesTotal interest paid over s will be:All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 30-Oct-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.Get Walk Score ContentProperty History
16 days agoProperty information last updated31 days agoStatus Active. This is the date the listing was placed on market.Cumulative Days on Market: 46 days (includes prior listings) · Currently listed since September 28, 2026. Data provided by the MLS.Similar Properties
Listed by Prospect Realty Group, Colleen Kennedy
Residential & Commercial Real Estate in Southeast Michigan
