13181 Stoepel Street, Detroit, MI 48238

• 3 baths |
• 2,600 sqft

Property Description

Updated Triplex for Investors Seeking Cash Flow, Stability & Immediate Income. Perfect for cash investors, new landlords, or buyers looking to house-hack while tenants cover the mortgage. This updated triplex near Detroit’s historic Russell Woods neighborhood would generate $3,050/month in projected gross rent across three spacious units; delivering dependable income with minimal overhead. The property includes a 3-bed/1-bath unit (1,300 sq ft, $1,300/mo) and two1-bed/1-bath units (700 sq ft at $900/mo, 600 sq ft at $850/mo), each offering updated finishes and solid market appeal. Note: Roof on the property needs to be redone. Priced with condition in mind and still ready to deliver strong cash flow. Recent upgrades include new electrical panels, updated plumbing supply and drain lines, new carpet/laminate flooring, fresh paint and updated vanities; delivering a clean, low-maintenance product for any investor. Investor highlights: • NOI: $25,482 • Cap Rate: 12.13% (at $210,000 purchase price) • Cash Flow (with 20% down): ~$12,766/year • Cash-on-Cash Return: 30.40% • Expenses include standard reserves for maintenance, property management, and vacancy. Also for sale is 13167 Stoepel another triplex. Acquire both triplex's, maximize your wealth potential and continue to scale up your real estate portfolio.

Listing Status:

Active

Data Last Updated:

September 23, 2026 at 12:41PM

Listing Office:

KW Grosse Pointe : 3138867239

Listing Agent:

Roland C Walker III : 5865255138

MLS ID:

20261069603

Interior

• Basement: FullUnfinished
• A/C: Ceiling fans
• Heating: Natural gasRadiantSteam

Exterior

• Style: DuplexTriplex
• Other Structures: Patio
• Pool: None
• Parking: On street

Construction

• Roofing: Asphalt
• General: BrickTwoBasementBlock

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: W STOEPEL 201 ROBERT OAKMANS FORD HIGHWAY & GLENDALE SUB L35 P82 PLATSWCR 16/256 36 X 108W16I019668C9
• Fencing: Back yard

Utilities

• Utilities: Above ground utilitiesCable available
• Water: PublicWaterat street
• Sewer: Public sewerSewer at street

Financial

• Source: Realcomp II Ltd