14881 Schaefer Hwy Detroit, MI 48227
Bethune Community NeighborhoodEstimated payment $12,750/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
- 30,492 Sq Ft 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 14938 Tracey St
- 14848 Lesure St
- 14960 Tracey St
- 14814 Lesure St
- 15036 Tracey St
- 14815 Stansbury Ave
- 14905 Littlefield St
- 13588 Lesure St
- 15090 Schaefer Hwy
- 15032 Snowden St
- 14960 Littlefield St
- 15095 Lesure St
- 15110 Lesure St
- 15080 Littlefield St
- 15104 Ardmore St
- 15358 Schaefer Hwy
- 14869 Freeland St
- 14040 Fenkell Ave
- 15354 Stansbury St
- 14901 Sorrento St
- 14903 Tracey St
- 15041 Cruse Unit#1 St
- 14590 Ardmore St
- 15340 Hartwell St Unit Lower Unit
- 15340 Hartwell St
- 14600 Strathmoor St
- 14903 Appoline St
- 15073 Strathmoor St
- 15081 Strathmoor St
- 15735 Schaefer Hwy
- 15391 Appoline St
- 15766 Hartwell St Unit Upper Unit
- 15429 Appoline St
- 15738 Sorrento Ave
- 15736 Steel St Unit 2
- 14941 Robson St
- 14925 Mendota St
- 14375 Terry St
- 14834 Sussex St
- 15751 Monte Vista St
Ask me questions while you tour the home.