12703 Stoepel Street, Detroit, MI 48238
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12703 Stoepel Street, Detroit, MI 48238
12703 Stoepel Street, Detroit, MI 48238
12703 Stoepel Street, Detroit, MI 48238
12703 Stoepel Street, Detroit, MI 48238

$215,000

Est. payment /mo

$228,000

5.7%
Est.Price: ?

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12703 Stoepel Street Detroit, MI 48238

3 Baths

3,920 Sqft Lot

SOLD DATE : 09/28/2026

Key Details

Sold Price $215,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20261044150

Sold Date 09/28/26

HOA Y/N true

Year Built 1927

Annual Tax Amount $2,414

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X108

Source Realcomp

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.

Location

State MI

County Wayne

Zoning Multi-Family,Residential

Direction 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 Street

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Lot Description Sidewalk

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I019694S

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by VM Real Estate Group

NEARBY SCHOOLS & BUSINESSES

Neil Hackler

Neil Hackler

Real Estate Advisor License ID: 167138

+1(773) 677-3479

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