$228,000

12703 Stoepel Street, Detroit, MI 48238

  • 3 baths |
  • 2,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $88/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
June 20, 2026 at 7:43AM
Listing Office:
VM Real Estate Group : 5867970999
Listing Agent:
Tracy A Petersen : 5867970999
MLS ID:
20261044150
  • Basement: CommonFullUnfinished
  • Heating: Forced airNatural gasSeparate meters
  • General: BalconySheds allowed
  • Style: ColonialTriplex
  • Other Structures: CoveredPorch
  • Pool: None
  • Parking: On streetShared driveway
  • Roofing: Asphalt
  • General: BrickTwoBasementBlockSump pump
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: 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 PLATSWCR 16/256 35 X 108W16I019694S
  • Fencing: Back yardFencing allowed
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Tracy A Petersen , VM Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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