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Sold for $100,000
  • $100,000

    12073 Stoepel St, Detroit, MI 48204

    5beds
    2,600sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $124,300 Zestimate®
    $38/sqft
    $1,026 Estimated rent

    Home value

    $124,300

    $91,000 - $162,000

    $1,026/mo

    Zestimate® history
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    $1,026/mo

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    $1,026/mo

    Rent Zestimate®

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    $575/mo

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    $575/mo

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    What's special

    Welcome to this brick, two-story multi-unit property located in the vibrant city of Detroit. With its convenient location and attractive features, this property presents a fantastic investment opportunity for savvy buyers. This two-level property features three units, including one spacious three-bedroom unit and two comfortable one-bedroom units. Each unit offers a versatile living arrangement for tenants or occupants. The first floor living and dining rooms have been freshly painted, creating a modern and inviting ambiance. The property showcases decorative archways, beveled glass windows and interior doors, and a large front porch, perfect for relaxing. The pride of ownership is evident throughout, as this property has had only one dedicated owner for the past 70 years. In terms of investment potential, this property can generate substantial income, with the potential to earn up to $2,800 per month when fully rented. Detroit's rental market is thriving, making this property an excellent opportunity for those seeking a steady stream of rental income. Conveniently situated in Detroit, this property offers easy access to a variety of amenities, including shops, restaurants, and entertainment options. Its central location provides a desirable lifestyle for both residents and tenants. Don't miss out on this remarkable opportunity to own a multi-unit property in Detroit. Whether you're an investor searching for an income-generating asset or an individual looking to live in one unit while renting out the others, this property offers endless possibilities. Schedule a showing today and envision the potential that awaits within these walls.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jolene L Jacobs 248-212-7493,

    Good Company,

    Anne Kelly 248-219-2325,

    Good Company

    Bought with:

    Guy R Gailliard, 6501384815

    Realtyflo Inc

    Source: Realcomp II,MLS#: 20230041553MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,600 sqft
    • Finished area above ground: 2,600

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Pool features: None
    • Fencing: Fenced
    Lot
    • Size: 3,484 sqft
    • Dimensions: 34.00 x 108.00
    Details
    • Parcel number: W16I019746S
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: ROBERT OAKMANS CORTLAND & FORD HIGHWAY (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Va Loan

    Price history

    DateEventPrice
    9/30/2024Listing removed$105,000$40/sqft
    Source: Realcomp II #20240065027 Report a problem
    9/30/2024Price change$105,000-8.7%$40/sqft
    Source: Realcomp II #20240065027 Report a problem
    8/30/2024Listed for sale$115,000+15%$44/sqft
    Source: Realcomp II #20240065027 Report a problem
    9/25/2023Sold$100,000+0%$38/sqft
    Source: Realcomp II #20230041553 Report a problem
    9/21/2023Pending sale$99,999$38/sqft
    Source: Realcomp II #20230041553 Report a problem
    6/14/2023Price change$99,999-16.6%$38/sqft
    Source: Realcomp II #20230041553 Report a problem
    6/1/2023Listed for sale$119,900$46/sqft
    Source: Realcomp II #20230041553 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $34,500 +26.8%
    2024-- $27,200 +24.2%
    2023-- $21,900 +19.7%
    2022-- $18,300 -11.6%
    2021-- $20,700
    2020$803 -45.7%$20,700 +7.3%
    2019$1,480 $19,300 +16.3%
    2018$1,480 $16,600 +7.8%
    2017-- $15,400 -68.9%
    2016$1,349 $49,500 +227.8%
    2015$1,349 -12.7%$15,100 -28.2%
    2013$1,546 +14.5%$21,037 -30.2%
    2010$1,349 $30,143 -12%
    2009-- $34,253 -10.5%
    2008-- $38,271
    2007-- $38,271 +5.5%
    2005$155 $36,276 +3%
    2004-- $35,219

    Find assessor info on the county website

    Neighborhood: Oakman

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $124,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $124,300