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

Detroit, MI, 48238
$ 64,900
Bedrooms2 Baths2.0 Sq 2,400

Monthly Estimate*

$ 400

12796 Stoepel, Detroit, MI 48238 - Image 1
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12796 Stoepel, Detroit, MI 48238 - Image 8
12796 Stoepel, Detroit, MI 48238 - Image 9

Multi-Family Home for sale in Detroit, MI

for $64,900 with 2 bedrooms and 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

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,918

Style

Colonial

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261041909

Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas SeparateMeters
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1926
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 15000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 2
Status Coming Soon
Directions Take I-96 to Davison Fwy East to Mansfield South to address
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 1918.95
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 ComingSoon
Occupancy Type Vacant
Tax Assessed Value 18527
Expected Active Date 2026-06-07
Legal Description E STOEPEL 166 ROBT OAKMANS FORD HIGHWAY & GLENDALE SUB L35 P82 PLATS WCR 16/256 36 X 108
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Interior
Basement Common Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features EnergyStarQualifiedWindows
Fireplace Y/N N
Above Grade Finished Area 2400.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Exterior Amenities PrivateEntrance
Water Source WateratStreet
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 36x108
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 12796
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* Excluded Features
List By
Danny Peterson

Listing Agent

Exp Realty Main

Broker

(810) 423-6669

Phone

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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$64,900 Listed Price

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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 has 2 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 48238 which is in Detroit, MI