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12081 Stout Street Detroit, MI $ 69,998
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$ 69,998 Get more info
12081 Stout Street
$ 69,998
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Share Save

12081 Stout Street

Detroit, MI, 48228
$ 69,998
Bedrooms3 Baths1.0 Sq 846

Monthly Estimate*

$ 437

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Single Family Home for sale in Detroit, MI

for $69,998 with 3 bedrooms and 1 full bath. This 846 square foot home was built in 1946 on a lot size of 0.12.

Discover the potential of this investment opportunity at 12081 Stout St, Detroit, MI. This "as-is" property presents a unique chance for investors looking to expand their rental portfolio and generate passive income. Situated in a neighborhood poised for growth, the home offers significant promise for those with a vision and the willingness to undertake renovations. Understanding the demands of transforming "as-is" homes into profitable rental properties will enable investors to maximize the opportunity this address provides. With the growing interest in Detroit's real estate market, this property stands as a promising project for those with the intent to create a stable and lucrative rental income stream. Property Sold "AS-IS". ALL DATA AND MEASUREMENTS ARE APPROXIMATE AND DEEMED RELIABLE BUT NOT GUARANTEED. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION PROVIDED. A MICHIGAN LISENCED REAL ESTATE AGENT IS TO BE PRESENT AT ALL SHOWINGS.

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Single Family Active

Price

$ 69,998

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,384

Style

Bungalow

Lot Size

0.12

Year Built

1946

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251012243
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 2.0
Architectural Style Bungalow
Pool Features None
Construction Materials AluminumSiding
Exclusions Exclusion(s) Do Not Exist
Year Built 1946
Levels OneandOneHalf
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name MAPLES PARK 2
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions NORTH OF PLYMOUTH WEST OF EVERGREEN
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05034DetJoySchoolcraftGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1384.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 13163
Expected Active Date 2025-06-26
Legal Description W STOUT S 5 FT 398 397 MAPLES PARK SUB NO 2 L59 P51 PLATS W C R 22/598 40 X 127.50
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 846.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features TwoCarGarage Detached
Water Source Public WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 40X127.5
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 12081
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* Excluded Features
List By
Ali Karkaba

Listing Agent

Re/Max Leading Edge

Broker

(313) 277-7777

Phone

Affordability Calculator

$552
Per Month
79%
21%
0%
Monthly Principal & Interest
$437
Monthly Property Taxes
$115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/24/2025$69,998 0.00% Price Down
11/6/2025$69,999 -12.50% Price Down
6/26/2025$79,999 Listed Price

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12081 Stout Street, Detroit, MI, 48228 is a Single Family Home for sale at $69,998 with 846 sqft and a lot size of 0.12. 12081 Stout Street has 3 bedrooms, 1.0 baths, and was built in 1946. The property's zip code is 48228 which is in Detroit, MI

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