12703 Stoepel Street Detroit, MI $ 228,000
12703 Stoepel Street
$ 228,000
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12703 Stoepel Street

Detroit, MI, 48238
$ 228,000
Bedrooms3 Baths3.0 Sq 2,600

Monthly Estimate*

$ 1,404

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Multi-Family Home for sale in Detroit, MI

for $228,000 with 3 bedrooms and 3 full baths. This 2,600 square foot home was built in 1927 on a lot size of 0.09.

Income-producing brick 3-unit on Detroit’s west side. The property includes one 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. All units are occupied with tenants current on rent. The property has a current Certificate of Compliance from the City of Detroit. It is a compliant, operating asset with income in place. Ownership has maintained the property consistently, with repairs addressed as needed. Major updates include a new sewer line installed to the city tap (2026), a new sump pump (2026), and one new furnace. All three units have separate gas and electric meters. One shared water meter. The sale includes two adjoining vacant lots to the south of the property. Can be used for parking, tenant use, future development, or long-term hold. Solid brick construction. Located near Livernois and the Lodge Freeway with steady rental demand. Stabilized asset with income in place, recent infrastructure updates, and additional land. Property is being sold in its current condition, offering a clean transition for the next owner.

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Multi-Family Active

Price

$ 228,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,661

Style

Colonial

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261009284

Features
Interior
Interior Amenities ProgrammableThermostat
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2600.0
Half Baths 0
Laundry Features GasDryerHookup WasherHookup
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Cooling CeilingFans
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Colonial
Pool Features None
Security Features CarbonMonoxideDetectors ExteriorVideoSurveillance SmokeDetectors
Construction Materials Brick
Pets Allowed Yes
Year Built 1927
Levels Two
Property Subtype MultiFamily
Community Features Sidewalks
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ROBERT OAKMANS FORD HWY & GLENDALE
Garage Y/N N
Other Structures ShedsAllowed
Rent Includes Sewer SnowRemoval TrashCollection Water YardMaintenance
Full Baths 3
Status Active
Directions Home is located on the west side of the street
City DetroitCity_Wayne
Disclosures ActualIncome LegalRentalCertified TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 3
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 1661.0
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 Tenant
Tax Assessed Value 16887
Expected Active Date 2026-03-02
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/31/2025. W STOEPEL 226 ROBERT OAKMANS FORD HWY & GLENDALE SUB L35 P82 PLATS WCR 16/2
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Exterior
Exterior Amenities Balcony
Fencing BackYard FencingAllowed
Parking Features OnStreet Other
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 35X108
Lot Size Acres 0.09
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 12703
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* Excluded Features
List By
Tracy A Petersen

Listing Agent

Vm Real Estate Group

Broker

(586) 797-0999

Phone

Affordability Calculator

$1,542
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,404
Monthly Property Taxes
$138
Monthly Home Insurance
--
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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$228,000 -0.87% Price Down
4/28/2026$230,000 -5.35% Price Down
3/2/2026$243,000 Listed Price

Map


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12703 Stoepel Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $228,000 with 2,600 sqft and a lot size of 0.09. 12703 Stoepel Street has 3 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 48238 which is in Detroit, MI