14881 Schaefer Hwy Detroit, MI 48227
Bethune Community NeighborhoodEstimated payment $12,681/month
Highlights
- 0.7 Acre Lot
- Cass Technical High School Rated 10
- Baseboard Heating
About This Home
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.
Listing Agent
OakPointe Real Estate Advisors License #6501421721 Listed on: 11/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1965 | Remodeled in 2021
Lot Details
- 0.7 Acre Lot
- Lot Dimensions are 300x102.2
Home Design
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 48 Full Bathrooms
- 25,970 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number W22I030826C40
Community Details
Overview
- 48 Units
- Huron Heights Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,432 | $743,600 | $0 | $0 |
| 2024 | $25,224 | $701,600 | $0 | $0 |
| 2023 | $24,553 | $586,200 | $0 | $0 |
| 2022 | $26,544 | $513,800 | $0 | $0 |
| 2021 | $25,667 | $346,600 | $0 | $0 |
| 2020 | $25,658 | $288,800 | $0 | $0 |
| 2019 | $24,286 | $273,300 | $0 | $0 |
| 2018 | $22,138 | $338,500 | $0 | $0 |
| 2017 | $5,319 | $316,400 | $0 | $0 |
| 2016 | $24,821 | $311,700 | $0 | $0 |
| 2015 | $27,702 | $311,700 | $0 | $0 |
| 2013 | $26,837 | $311,714 | $0 | $0 |
| 2010 | -- | $335,706 | $19,662 | $316,044 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $1,900,000 | 0.0% | $73 / Sq Ft |
| 11/12/2025 11/12/25 | Price Changed | $765 | -4.4% | $1 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $800 | +16.8% | $2 / Sq Ft |
| 07/25/2025 07/25/25 | For Rent | $685 | -- | -- |
Source: Realcomp
MLS Number: 20251055692
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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