12722 Stoepel Street Detroit, MI ^$ 145,000

12722 Stoepel Street

^$ 145,000

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12722 Stoepel Street

Detroit, MI, 48238

^$ 145,000

Studio Baths0.0

Monthly Estimate*

^$ 893

12722 Stoepel Street, Detroit, MI 48238 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $145,000. This home was built in 1926 on a lot size of 0.09.

A compelling income-producing opportunity with established tenancy. This tenant-occupied property offers immediate cash flow with a solid rental history, featuring a long-term tenant in the downstairs unit generating $750 per month and a recently placed upstairs tenant at $645 per month. The combination of stable occupancy and diversified tenancy provides dependable income and reduced turnover risk.The property presents an attractive option for investors seeking a well-performing asset with consistent returns and long-term potential. All information is deemed reliable but not guaranteed; buyer to independently verify all details, including square footage, zoning, and any required city certifications. Showings are by appointment only and require a minimum of 24-hour notice to accommodate tenants.

Multi-Family Active

Price

^$ 145,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,822

Style

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70513747

Features

General

Heating Forced Air

Status Active Active

Year Built 1926

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description E STOEPEL 156ROBERT OAKMANS FORD HWY & GLENDALL35 P82 PLATS W C R 16/256 35X108

DOM 1

Postal Code 48238

Public Remarks A compelling income-producing opportunity with established tenancy. This tenant-occupied property offers immediate cash flow with a solid rental history

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 35

Lot Size Area 0.09

Lot Dimensions 35 by 108

Waterfront Y/N No

* Excluded Features

List By

Sydney Gonder

Listing Agent

@Properties Christie's Int'l

Broker

sydneygonder@atpropertiesremi.com

Affordability Calculator

$1,045

Per Month

Monthly Principal & Interest: $893
Monthly Property Taxes: $152
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$247,963

Percent of Sale Price 71%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/4/2026	$145,000		Listed Price

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12722 Stoepel Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $145,000 with a lot size of 0.09. 12722 Stoepel Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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12722 Stoepel Street

Multi-Family Home for sale in Detroit, MI

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