Detroit, MI 48227,14881 Schaefer HWY
Detroit, MI 48227,14881 Schaefer HWY
Detroit, MI 48227,14881 Schaefer HWY
Detroit, MI 48227,14881 Schaefer HWY
Detroit, MI 48227,14881 Schaefer HWY
Detroit, MI 48227,14881 Schaefer HWY
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John Patrick McCabe

John Patrick McCabe

+1(313) 801-6090
$ 1,900,000

48 Baths

25,970 SqFt

Save
$ 1,900,000
Save

48 Baths

25,970 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 25,970 sqft

Subdivision Huron Heights

MLS Listing ID 20251055692

Style Other

Full Baths 48

Year Built 1965

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type MultiFamily

Property Description

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.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Natural Gas, Radiant

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Michael McClafferty of OakPointe Real Estate Advisors
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Martin Luther King Jr. Education Center Academy

    Public | KG - 8

  • 5

    Foreign Language Immersion and Cultural Studies

    Public | KG - 8

  • 5

    Lincoln-King Academy

    Public | KG - 8

  • 5

    Bates Academy

    Public | PK - 8

  • 5

    Pasteur Elementary School

    Public | PK - 6

  • 4

    Detroit Innovation Academy

    Public | KG - 6

  • 4

    Coleman A. Young Elementary School

    Public | PK - 5

  • 4

    Vernor Elementary School

    Public | PK - 6

  • 4

    Schulze Academy for Technology and Arts

    Public | PK - 8

  • 4

    Hope Academy

    Public | KG - 8

  • 3

    Noble Elementary-Middle School

    Public | PK - 8

  • 3

    Bagley Elementary School

    Public | PK - 6

  • 3

    Palmer Park Preparatory Academy

    Public | PK - 8

  • 3

    Joy Preparatory Academy

    Public | 3 - 8

  • 2

    Dossin Elementary-Middle School

    Public | PK - 8

  • 2

    Michigan Technical Academy Elementary School

    Public | PK - 4

  • 2

    John R. King Academic and Performing Arts Academy

    Public | PK - 8

  • 2

    Flagship Charter Academy

    Public | KG - 8

  • 1

    Edison Elementary School

    Public | PK - 5

  • 1

    Bow Elementary-Middle School

    Public | PK - 8

Middle Schools 1
  • 0

    Aisha Shule/Web Dubois Preparatory Academy School

    Public | 6 - 12

High Schools 12
  • 7

    Renaissance High School

    Public | 9 - 12

  • 5

    Communication and Media Arts High School

    Public | 9 - 12

  • 3

    Jalen Rose Leadership Academy

    Public | 9 - 11

  • 3

    Jerry L White Center High School

    Public | 9 - 12

  • 2

    Old Redford Academy - High School

    Public | 9 - 12

  • 1

    Detroit Institute of Technology at Cody

    Public | 9 - 12

  • 1

    Medicine and Community Health Academy at Cody

    Public | 9 - 12

  • 0

    Cody High School

    Public | 9 - 12

  • 0

    Hazel Park Empowerment West Alternative School

    Public | 9 - 12

  • 0

    Loyola High School

    Private | 9 - 12

  • 0

    Mumford High School

    Public | 9 - 12

  • 0

    Hazel Park Empowerment Impact Alternative School

    Public | 9 - 12

School and business data provided by Attom Data.
John Patrick McCabe

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 801-6090

johnpatrick.mccabe11@gmail.com

306 S Washington Ave, Royal Oak, MI, 48067, USA

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14881 Schaefer HWY