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

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

Monthly Estimate*

$ 1,404

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Studio

Multi-Family Home for sale in Detroit, MI

for $228,000 with 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

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,414

Style

Colonial

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61001831

Features
General
Heating Forced Air
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1927
Parking On Street
Subdivision Robert Oakmans Ford Hwy & Glendale MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 24000
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions From Livernois Avenue
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA
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
DOM 0
Postal Code 48238
Price Per Sq Ft Total AG 87.69
Public Remarks 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
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Interior
Basement Block Common
Fireplace? No
Total Number of Units 3
Fuel Type Natural Gas
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Exterior
Exterior Brick
Exterior Amenities Fenced Yard Porch Exterior Balcony
Lot Size Area 0.09
Lot Dimensions 35X108
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Tracy Petersen

Listing Agent

Vm Real Estate Group

Broker

treyscouter68@aol.com

Email

Affordability Calculator

$1,605
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,404
Monthly Property Taxes
$201
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
759604 Elementary School
760475 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 is a studio with 3.0 baths and was built in 1927. The property's zip code is 48238 which is in Detroit, MI