12796 Stoepel, Detroit, MI 48238

$64,900
  • 12796 Stoepel, Detroit, MI 48238 Main Photo

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New to the Market Coming Soon
BEDS0 BATHS2 full SQUARE FEET2,400 MLS#20261041909
STATUSComing Soon PROPERTY TYPEMulti Unit - Multiple SCHOOLDetroit

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)

12796 Stoepel | MLS# 20261041909

This multi-family property located at 12796 Stoepel, Detroit, MI 48238 is currently listed for sale with an asking price of $64,900. Stoepel is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Common
Fuel Type: Natural Gas
Heating: Forced Air, Separate Meters
Home Style: Colonial
Lot Size: 0.09 Acres
Year Built: 1926

Amenities

Private Entry

Feature Descriptions

Architecture: Colonial
Exterior: Brick
Foundation: Basement
Interior: ENERGY STAR® Qualified Window(s)
Lot Dimensions: 36x108
Road Frontage: Paved
Summer Tax: $1725.0000
Winter Tax: $193.9500

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 381.96 per month $363.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $18.93 Homeowner's Insurance

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