12796 Stoepel Detroit, MI $ 64,900
12796 Stoepel
$ 64,900
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12796 Stoepel

Detroit, MI, 48238
$ 64,900
Baths2.0 Sq 2,400

Monthly Estimate*

$ 400

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Studio

Multi-Family Home for sale in Detroit, MI

for $64,900 with 2 full baths. This 2,400 square foot home was built in 1926.

**Attention Investors & Developers!** Exceptional value-add opportunity with this large brick two-family property, ideal for a full renovation and long-term wealth-building strategy. The building has been taken down to the studs, providing a blank canvas to design and finish to your specifications. Two major capital improvements have already been completed, including a newer roof and vinyl replacement windows, helping reduce upfront renovation costs. Both units feature private front entrances and offer similar floor plans, with one upper and one lower unit. The common basement provides ample storage and could potentially be reconfigured to create separate tenant spaces. Utilities include one water meter, while gas and electric services are separately metered for each unit. Whether your strategy is BRRRR, buy-and-hold, or resale, this property presents significant upside potential for experienced investors seeking their next redevelopment project. Don't miss the opportunity to unlock the value this multifamily asset has to offer. Comparable Solds (12680 Santa Rosa for $197,500 on 5/11/26, 4308 Tyler St for $195,000 on 9/8/25)

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Multi-Family Coming Soon

Price

$ 64,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,918

Style

Colonial

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60999782

Features
General
Heating Forced Air
Possession At Close
Water Public Water at Street
Status Active Coming Soon
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1926
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 15000
Ownership Private
Municipality Detroit
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 4
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Take I-96 to Davison Fwy East to Mansfield South to address
City Detroit
School District Detroit City School District
Financial Terms Cash FHA 203K
Legal Description E STOEPEL 166 ROBT OAKMANS FORD HIGHWAY & GLENDALE SUB L35 P82 PLATS WCR 16/256 36 X 108
DOM 1
Postal Code 48238
Price Per Sq Ft Total AG 27.04
Public Remarks **Attention Investors & Developers!** Exceptional value-add opportunity with this large brick two-family property
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Interior
Basement Common
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick
Lot Dimensions 36x108
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Danny Peterson

Listing Agent

Exp Realty Main

Broker

danny.peterson@exprealty.com

Email

Affordability Calculator

$559
Per Month
71%
29%
0%
Monthly Principal & Interest
$400
Monthly Property Taxes
$160
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$64,900 Listed Price

Map


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12796 Stoepel, Detroit, MI, 48238 is a Multi-Family Home for sale at $64,900 with 2,400 sqft. 12796 Stoepel is a studio with 2.0 baths and was built in 1926. The property's zip code is 48238 which is in Detroit, MI