For Sale
2400 S SCHAEFER Highway, Detroit, MI 48217
$129,900
MLS # 20261023185 (Realcomp)
0.52 acres
1 / 7
Listing Description
Possibilities are Endless on this sought over Corner Commercial Lot! 200x116 with over half an acre consisting of 10 lots at corner traffic light of Schaefer and Beatrice. Located in Southern Boynton Neighborhood of Detroit which is like a pie shape bordering Dearborn, Melvindale, Ecorse and River Rouge. Close Proximity to Fort St. and I 75. Fenced all around with Two Driveways and 2 Gate access, sewer drains and lot was recently redone lot last year. Check with City of Detroit on Possibilities for land usage.
Source: SparkMLS
About this home
Listed at $129,900.
Annual property taxes run approximately $1,367 ($114/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.52 acres
Location
CityDetroit
Zip Code48217
CountyWayne
School DistrictDetroit
Sale & Financing
Listed4/7/2026
Original Price$139,900
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,130
Tax Year2025
State Equalized Value$21,300
Assessed Value$21,300
Parcel #20018109-18
Source: Public Records
Legal Description
W SCHAEFER HWY 597 THRU 606 S W 10 FT OF VAC ALLEY ADJ EXC LOTS 601-606 INCL MARION PARK NO 1 L55 P25 PLATS, W C R 20/456 195.21 IRREG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sada A Hojaij
RE/MAX Team 2000
Frequently Asked Questions about 2400 S SCHAEFER Highway, Detroit, MI 48217
Which school district serves 2400 S SCHAEFER Highway, Detroit, MI 48217?
Per MLS# 20261023185, 2400 S SCHAEFER Highway, Detroit, MI 48217 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261023185, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2400 S SCHAEFER Highway, Detroit, MI 48217?
Per public tax records, annual property taxes for this property are $1,605. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2400 S SCHAEFER Highway, Detroit, MI 48217 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 2400 S SCHAEFER Highway, Detroit, MI 48217 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 2400 S SCHAEFER Highway, Detroit, MI 48217?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,367
Monthly$114
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$956
Principal & interest$843
Property taxes$114
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2400 S SCHAEFER Highway, Detroit, MI 48217
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Neighborhood
Boynton
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Community
Detroit
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County
Wayne County
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