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Fiskhorn Multifamily Home for Sale

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    $2,800,000

    • 44 Beds
    • 44 Baths
    • 28,406 Sq Ft

    8207 Schaefer Hwy, Detroit, MI 48228

    Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or

    Justin Zehel Keller Williams Paint Creek

    8207 Schaefer Hwy, Detroit, MI 48228

Why Live in Fiskhorn

Fiskhorn in Detroit is gaining attention for its accessibly priced homes and growth potential, making it appealing to first-time buyers and investors. The neighborhood features classic Detroit brick bungalows, many over 80 years old, with smaller lots and fenced backyards. While Fiskhorn hasn't experienced the same level of revitalization as other Detroit areas, it has seen a steady increase in home values, rising by 5.2% annually. Residents enjoy proximity to several parks, including the expansive 1,200-acre Rogue Park, located 4 miles west, which offers a variety of recreational features such as playgrounds, hiking trails, and an archery range. Patton Park, 5 miles south, provides sports fields and a recreation center, while the recently revamped Muhammad Ali Park offers a new playscape for children. For shopping and dining, residents often travel to nearby Dearborn, just a 10-minute drive south, where they can find big-box stores and the Fairlane Mall. Fiskhorn's convenient location near major roads like I-96 and accessible public transportation options, including DDOT bus routes, make commuting to downtown Detroit, 12 miles southeast, straightforward.

Home Trends in Fiskhorn, MI

Housing Trends

Median Sale Price
$79,000
Median Single Family Sale Price
$81,000
Average Price Per Sq Ft
$86
Number of Homes for Sale
20
Last 12 months Home Sales
36
Months of Supply
6.70
Median List Price
$85,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
13%
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