Map
Listed price in listed location currency (USD).
$64,900

020

MLS® 20261041909

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2400 sqft
Garage 
Taxes $1,919
Days Active 3
Lot Size 
Approx. Age 1926
Avg. Price Per Sqft $27
MLS® Number 20261041909

Property Address: 12796 Stoepel St, Detroit, MI, 48238-4208

Average square foot calculated using Size range provided by listing agent.

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)
MLS® Number20261041909
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1926
BasementCommon, Full, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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