12796 Stoepel, Detroit, MI 48238
12796 Stoepel, Detroit, MI 48238
12796 Stoepel, Detroit, MI 48238
12796 Stoepel, Detroit, MI 48238
12796 Stoepel, Detroit, MI 48238
12796 Stoepel, Detroit, MI 48238
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$ 64,900
Est. payment | /mo

2 Baths

2,400 SqFt


Save
$ 64,900
Est. payment | /mo
Save

2 Baths

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $27

MLS Listing ID 20261041909

Style Colonial

Full Baths 2

Year Built 1926

Property Sub-Type MultiFamily

Property Description

**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 the value this multifamily asset has to offer.

Comparable Solds (12680 Santa Rosa for $197,500 on 5/11/26, 4308 Tyler St for $195,000 on 9/8/25)

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Common, Full, Unfinished

Interior

Heating Forced Air, Natural Gas, Separate Meters

Fireplace No

Exterior

Exterior Feature PrivateEntrance

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, FHA203K

Listing Terms Cash, FHA203K

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Realcomp MLS
Listed by Danny Peterson of EXP Realty Main

Nearby Locations

Michael Broadwell

+1(248) 219-5161

broadwell@realmilife.com

8840 Dwyer Rd, Howell, Michigan, 48855, USA

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