USAMIDetroitRobert Oakmans Ford Hwy & Glendale13167 Stoepel St
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$225,000

For Sale

A month ago

13167 Stoepel St, Detroit, MI

House

MLS® 20261069356

0 Bed

23 Bath

2600 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2600 sqft
Garage 
Taxes $4,204
Days Active 39
Lot Size 0.09 Acres
Approx. Age 1927
Avg. Price Per Sqft $86
MLS® Number 20261069356

Property Address: 13167 Stoepel St, Detroit, MI, 48238-5100

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

Description

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 vacancy.
MLS® Number20261069356
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
BasementCommon, Full, Unfinished
DrivewayOn Street
Garage Spaces
HeatNatural Gas, Radiant, Steam
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 29, 2026List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
13167 Stoepel St, Detroit, MI

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