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12796 Stoepel, Detroit, MI 48238

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
12796 Stoepel,Detroit, MI 48238
$61,500
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: danny peterson
Office: exp realty main
MLS#:60999782
Source:MI_REALSOURCE

Price summary

  • Price:$61,500

About this home

**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...

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Home facts

  • Year built:1926
  • Listing ID #:60999782
  • Added:54 day(s) ago
  • Updated:July 30, 2026 at 07:26 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Common

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1926
  • Construction Materials:Brick
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water at Street
  • Sewer:Public At Street

Finances and disclosures

  • Price:$61,500
  • Tax amount:$1,919
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Andrew Hauck

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