Movoto Real Estate
Sold on 06/27/2025
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2511 Schaefer Rd, Melvindale, MI 48122

  • $190,000

    Last sold 06/27/2025 after 66 Days

  • 4

    bed

  • 2

    bath

  • 2,000

    Sqft ($95/Sqft)

Multi-family not for sale
Movoto is helping 36 homebuyers near you

About 2511 Schaefer Rd

Property type Multi-family
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Rental estimate
Property description
Great opportunity to own this recently updated duplex with strong rental potential! Recent improvements throughout both units and exterior make this a low-maintenance addition to your portfolio. Exterior upgrades include new gutters, extensive tree trimming completed for curb appeal and safety, porch improvements including new railings and brickwork repairs. Interior updates on the vacant unit include window repairs, new kitchen including new fridge, updated bathroom, new luxury vinyl plank flooring and paint throughout, new electrical wiring, light fixtures and door hardware. Interior updates on the tenant occupied unit include minor electrical repairs and flooring in the kitchen. One unit is vacant and one unit is tenant occupied at $800/mo on a month to month basis. This property is ideal for both owner-occupants and investors. Live in one unit and rent the other, or lease both for strong cash flow from day one. Don’t miss this move-in-ready multifamily opportunity!
Listed by
Listing Agent - Robert Kabbani
Listing Agent Contact: 3137520000
Listing Office - Keller Williams Legacy
Source: Realcomp mls logo
MLS#20250027148 • last updated 9 months ago
Movoto checked Realcomp for data 5 minutes ago
Overview
Heating ForcedAir, NaturalGas
Levels/Style Two, Duplex
Status Closed
SubType Multi Family
Living Area 2000
MLS # 20250027148
Lot Size (Acres) 0.14
Property Tax 2858
Interior
Total # of Bathrooms 2
# of Full Baths 2
Exterior
Construction Brick
Foundation Basement, Block
Roof Asphalt
Amenities / Utilities
Pool None
Location
Subdivision FORT BOULEVARD HEIGHTS SUB
High School District Melvindale Allen Pk
APN 47001010146000
Directions Property Is Located On The Corner Of Schaefer Rd & Dora St.
Zoning Multi-Family, Residential
Multifamily Details
# Units Leased 1
Gross Scheduled Income 9600
Monthly Rental Income 800
Lot/ Land Details
Road Frontage Paved
$191K
Range: $175K-$206K
Last 30 days 
Rental est.: $1,050/month
Gross rent multiplier: 15.1
  • Jun 2025
    mls logo MLS # 20250027148
  • Jun 11, 2025 Pending
  • Jun 6, 2025 Listed
  • May 9, 2025 Pending
  • Apr 29, 2025 Price Change
    $189,900 (-5.0%)
  • Apr 22, 2025 Listed
    $199,900 (+33.3%)
  • Apr 2025
    mls logo MLS # 60387829
  • Apr 22, 2025 Listed
    $199,900
  • Nov 2024
    mls logo MLS # 20240077137
  • Nov 1, 2024 Sold
    $150,000 (+25.2%)
  • Oct 18, 2024 Accepting Backup Offers
  • Oct 15, 2024 Listed
    $119,800
  • Oct 2024
    mls logo MLS # 60347360
  • Oct 15, 2024 Listed
    $119,800
  • 2511 Schaefer Rd
    $190K
  • 05142 - Melvindale
  • 48122
    $159K -5% y/y
  • Melvindale
    $159K -5% y/y
No chart available
Statistics calculated by Movoto

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  • A smooth, fast sale
  • Skip staging and repairs
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N/A
5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 05142 - Melvindale

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  • Real Estate
  • MI
  • Wayne County
  • Melvindale
  • 48122
  • 2511 Schaefer Rd
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