18920 Schoenherr Street
Detroit, MI 48205
Multi Family · MLS # 81026059352 · Listing courtesy of Adams & Assoc. Realty Group
About this home
An Investors dream! Bring your vision to this solid, two-family brick home, completely gutted and primed for a high-return transformation with the added bonus of a highly desirable 2-car detached garage. Stripped down to the studs with all drywall, plaster, and debris already cleared out; saving you thousands in labor and disposal fees. The durable all-brick exterior offers timeless curb appeal and excellent structural integrity, while the interior functions as a true blank canvas, giving you total design freedom to reconfigure the layout, maximize square footage, and build out a lucrative income-generating duplex or a premium fix-and-flip. Whether you are looking to expand your rental portfolio or execute a custom renovation, this rare, prep-work-done opportunity provides the perfect foundation for maximum equity growth--schedule your walkthrough today and bring your contractor!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $45,000, and has been on the market 5 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,136 a year. A buyer who lives here would pay about $528 to $1,459 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Detroit
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