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*

$ 1,440

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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 triplex on Detroit's west side with two additional vacant lots included in the sale. The building consists of one 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. All units are occupied with tenants currently paying rent, providing immediate income from day one. The property has a current City of Detroit Certificate of Compliance and separate gas and electric meters for each unit. One shared water meter services the building. Recent improvements include a new sewer line to the city tap (2026), new sump pump (2026), and one newer furnace. The property has been maintained over the years, with repairs completed as needed. The two adjoining lots to the south create additional value and flexibility. Use them for tenant parking, outdoor space, future development opportunities, or simply hold them as part of your investment portfolio. Conveniently located near Livernois Avenue and the Lodge Freeway with easy access to major employment centers, transportation routes, and neighborhood amenities. A solid brick multi-family property with existing income, recent capital improvements, and extra land included in the sale. A great opportunity for investors looking to add a performing asset to their portfolio.

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Multi-Family Active

Price

$ 228,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,414

Style

Colonial,Triplex

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261044150

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Colonial Triplex
Pool Features None
Security Features CarbonMonoxideDetectors ClosedCircuitCameras ExteriorVideoSurveillance SmokeDetectors
Construction Materials Brick
Pets Allowed BreedRestrictions NumberLimit Yes
Year Built 1927
Levels Two
Property Subtype MultiFamily
Community Features Sidewalks
County Wayne
Net Operating Income 24000.0
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
Full Baths 3
Status Active
Directions From Livernois Avenue head west on Glendale Avenue to Stoepel Street. Turn right (north) on Stoepel Street. Property is located on the west side of the street between Glendale Avenue and Elmhurst St
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 2414.0
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 2026-06-12
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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Interior
Basement Common 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
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Exterior Amenities Balcony
Fencing BackYard FencingAllowed
Parking Features OnStreet SharedDriveway
Water Source Public
Foundation Details Basement Block SumpPump
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

$1,641
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,440
Monthly Property Taxes
$201
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/12/2026$228,000 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