12703 Stoepel Street, Detroit, MI 48238
Local realty services provided by:CENTURY 21 Signature Realty
12703 Stoepel Street,Detroit, MI 48238
$243,000
- - Beds
- 3 Baths
- 2,600 sq. ft.
- Multi-family
- Active
Listed by: tracy a petersen
Office: vm real estate group
MLS#:20261009284
Source:MI_REALCOMP
Price summary
- Price:$243,000
- Price per sq. ft.:$93.46
About this home
Solid, income-producing brick 3-unit located in a strong rental area on Detroit’s west side. This property features one large 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units *** all currently occupied with tenants up to date on rental payments***.
Most importantly for investors: the property holds a current Certificate of Compliance from the City of Detroit. This is a fully operating, compliant asset with income in place. Ownership has been proactive and detail-oriented, with ongoing maintenance handled in a timely manner. Minor tenant repairs have never been deferred, protecting both the physical asset and its long-term performance. The result is a property that reflects care, pride, and responsible management.
Major mechanical improvement includes a new sewer line installed all the way to the city tap (2026). This is a significant capital upgrade already completed. New sump pump added (2026)
In addition to the triplex, the sale includes two adjoining vacant lots directly to the south of the property. This provides huge potential: future parking expansion, added outdoor space for tenants, new development, or long-term land hold in an appreciating area.
The building is solid brick construction — durable, low-maintenance, and built to last.
Located near major corridors with easy access to Livernois, the Lodge Freeway, and nearby retail and employment centers, the area continues to show strong rental demand and long-term upside. This is a true value play: stabilized income, major infrastructure update completed, bonus land included, and positioned in a strong rental area.
A smart addition to any Detroit investment portfolio.
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Home facts
- Year built:1927
- Listing ID #:20261009284
- Added:1 day(s) ago
- Updated:March 03, 2026 at 11:00 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Full, Unfinished
- Living area:2,600 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Forced Air, Natural Gas, Separate Meters
Structure and exterior
- Roof:Asphalt
- Year built:1927
- Building area:2,600 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Colonial
- Construction Materials:Brick
- Exterior Features:Covered, Porch
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$243,000
- Price per sq. ft.:$93.46
- Tax amount:$1,661
Features and amenities
- Laundry features:Gas Dryer Hookup, Washer Hookup
- Amenities:Programmable Thermostat
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