18625 Schoenherr St, Detroit, MI 48205

$520,000
8
BD
8
BA
5,054
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$520,000
List Price
$595,900
Closing Date
Sep 01, 2025
MLS#
58050170399
Status
CLOSED
Bedrooms
8
Bathrooms
8
Subdivision
SCHOENHERRS HOME SUB

Property Description

Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. 8-Unit Complex: Features updated windows and newer HVAC systems. 12-Unit Complex: Equipped with newer HVAC systems. All Units: 1-bedroom, 1-bathroom layouts in good condition. Heating: No boilers-each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Other address included is 14103 Rochelle St, Detroit, MI 48205.

Additional Information

Year Built
1965
Acres
0.19
Acres
0.19
School District
Detroit
Heating
Forced Air, Natural Gas, Separate Meters

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Keller Williams Paint Creek 2486098000

Selling Office: Keller Williams Paint Creek.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.