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13167 Stoepel, Detroit, MI 48238

Detroit
Local realty services provided by:CENTURY 21 Realty North
13167 Stoepel,Detroit, MI 48238
$225,000
  • - Beds
  • 23 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: roland walker
Office: kw grosse pointe
MLS#:61026275
Source:MI_REALSOURCE

Price summary

  • Price:$225,000

About this home

Turnkey 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/Nardin Park neighborhood would generate $2,930/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 two 1-bed/1-bath units (700 sq ft at $900/mo, 600 sq ft at $730/mo), each Recent upgrades include new electrical panels, updated plumbing supply and drain lines, new laminate flooring, fresh paint and updated vanities; delivering a clean, low-maintenance product for any investor. Investor highlights: * NOI: $24,373.20 * Cap Rate: 10.83% (at $225,000 purchase price) * Cash Flow (with 20% down): ~$10,748.93/year * Cash-on-Cash Return: 23.89% * Expenses include standard reserves for maintenance, property management, and...

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Home facts

  • Year built:1927
  • Subdivision & Development:Robert Oakmans Ford Hwy & Glendale
  • Listing ID #:61026275
  • Added:58 day(s) ago
  • Updated:October 29, 2026 at 10:48 AM

Rooms and interior

  • Total bathrooms:23
  • Full bathrooms:23
  • Basement Description:Block, Common

Heating and cooling

  • Heating:Radiant, Steam

Structure and exterior

  • Year built:1927
  • Lot area:0.09 Acres
  • Construction Materials:Brick
  • Exterior Features:Porch
  • Foundation Description:Basement, Block
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$225,000
  • Tax amount:$4,204

Features and amenities

  • Amenities:Cable/Internet Available

Parking

  • Parking description:On Street Parking
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