12703 Stoepel St | Image 1
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12703 Stoepel St | Image 7

$243,000

For Sale

18 days ago

MLS® 20261009284

0 Bed

3 Bath

2600 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2600 sqft
Garage No
Taxes $1,661
Days Active 17
Lot Size 0.09 acres
Approx. Age 1927
Avg. Price Per Sqft $93
MLS® Number 20261009284

Property Address: 12703 Stoepel St, Detroit, MI, 48238-4224

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

Description

Solid, income-producing brick 3-unit located in a strong rental area on Detroit’s west side. This property features one large 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units *** all currently occupied with tenants up to date on rental payments***. Most importantly for investors: the property holds a current Certificate of Compliance from the City of Detroit. This is a fully operating, compliant asset with income in place. Ownership has been proactive and detail-oriented, with ongoing maintenance handled in a timely manner. Minor tenant repairs have never been deferred, protecting both the physical asset and its long-term performance. The result is a property that reflects care, pride, and responsible management. Major mechanical improvement includes a new sewer line installed all the way to the city tap (2026). This is a significant capital upgrade already completed. New sump pump added (2026) In addition to the triplex, the sale includes two adjoining vacant lots directly to the south of the property. This provides huge potential: future parking expansion, added outdoor space for tenants, new development, or long-term land hold in an appreciating area. The building is solid brick construction — durable, low-maintenance, and built to last. Located near major corridors with easy access to Livernois, the Lodge Freeway, and nearby retail and employment centers, the area continues to show strong rental demand and long-term upside. This is a true value play: stabilized income, major infrastructure update completed, bonus land included, and positioned in a strong rental area. A smart addition to any Detroit investment portfolio.
MLS® Number20261009284
Laundry LevelGas Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age1927
BasementFull, Unfinished
DrivewayOn Street, Other
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 14, 2026List Date
$243,000List Price
Apr 3, 2024End Date
$183,500Sold Price

Sold

Jan 11, 2024List Date
$189,000List Price
Dec 10, 2025End Date
$1,090Sold Price

Leased

Oct 22, 2025List Date
$910List Price
  • Commute

Commute

Starting Address
Destination Address
12703 Stoepel St, Detroit, MI

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