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14881 Schaefer Hwy

detroit, MI 48227

US$1,900,000

  • 48 BA
    approx. 25,970 SF

Interested? Let's Connect

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.

Details

25,970 Sq Ft

0.7 Private Acres Lot Size

investment

US$32,952 Annual Tax

Built in 1965

MLS/Listing ID 20251055692

48 Units

Amenities & Features

Heating - Baseboard

Heating - Natural Gas

Heating - Radiant

Basement

Construction - Brick

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TOTAL MONTHLY COST

US$0

  • PRINCIPAL & INTEREST

    US$0

  • PROPERTY TAXES

    US$0

  • Common Charges

    US$0

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