Income-producing brick triplex on Detroit's west side with two additional vacant lots included in the sale. The building consists of one 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. All units are occupied with tenants currently paying rent, providing immediate income from day one.
The property has a current City of Detroit Certificate of Compliance and separate gas and electric meters for each unit. One shared water meter services the building.
Recent improvements include a new sewer line to the city tap (2026), new sump pump (2026), and one newer furnace. The property has been maintained over the years, with repairs completed as needed.
The two adjoining lots to the south create additional value and flexibility. Use them for tenant parking, outdoor space, future development opportunities, or simply hold them as part of your investment portfolio.
Conveniently located near Livernois Avenue and the Lodge Freeway with easy access to major employment centers, transportation routes, and neighborhood amenities. A solid brick multi-family property with existing income, recent capital improvements, and extra land included in the sale. A great opportunity for investors looking to add a performing asset to their portfolio.
For sale
Price cut: $2K (5/11)
$228,000
12703 Stoepel St, Detroit, MI 48238
5beds
2,600sqft
Multi Family
Built in 1927
-- sqft lot
$225,400 Zestimate®
$88/sqft
$-- HOA
What's special
- 25 days |
- 476 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Tracy A Petersen 586-797-0999,
VM Real Estate Group 586-797-0999
Source: Realcomp II,MLS#: 20261044150
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas, Separate Meters
Features
- Basement: Common,Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,600 sqft
- Finished area above ground: 2,600
Property
Parking
- Parking features: On Street, Shared Driveway
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Balcony
- Pool features: None
- Fencing: Back Yard,Fencing Allowed
Lot
- Size: 3,920 Square Feet
- Dimensions: 35 x 108
Details
- Additional structures: Sheds Allowed
- Parcel number: W16I019694S
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Triplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block, Sump Pump
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detectors, Closed Circuit Cameras, Exterior Video Surveillance, Smoke Detectors
- Subdivision: ROBERT OAKMANS FORD HWY & GLENDALE
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $16,887
- Annual tax amount: $2,414
- Date on market: 6/12/2026
- Cumulative days on market: 78 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Warranty Deed
Estimated market value
$225,400
$214,000 - $237,000
$1,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Price change | $228,000-0.9%$88/sqft |
Source:  Realcomp II #20261009284 Report a problem | ||
| 4/28/2026 | Price change | $230,000-5.3%$88/sqft |
Source: Realcomp II #20261009284 Report a problem | ||
| 4/17/2026 | Listed for sale | $243,000$93/sqft |
Source: Realcomp II #20261009284 Report a problem | ||
| 3/26/2026 | Pending sale | $243,000$93/sqft |
Source: Realcomp II #20261009284 Report a problem | ||
| 3/2/2026 | Price change | $243,000+28488.2%$93/sqft |
Source: Realcomp II #20261009284 Report a problem | ||
| 7/16/2024 | Listed for sale | $850-99.5% |
Source: Realcomp II #20240051022 Report a problem | ||
| 7/1/2024 | Listing removed | -- |
Source: Realcomp II #20240028788 Report a problem | ||
| 5/2/2024 | Listed for rent | $950-9.5% |
Source: Realcomp II #20240028788 Report a problem | ||
| 4/29/2024 | Sold | $183,500-2.9%$71/sqft |
Source:  MichRIC #24002968 Report a problem | ||
| 4/9/2024 | Pending sale | $189,000$73/sqft |
Source: MichRIC #24002968 Report a problem | ||
| 1/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Price change | $189,000+26%$73/sqft |
Source: Realcomp II #81024002968 Report a problem | ||
| 12/22/2023 | Price change | $1,050-8.7% |
Source: Zillow Rentals Report a problem | ||
| 12/5/2023 | Price change | $1,150-14.8% |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2022 | Pending sale | $150,000$58/sqft |
Source: Realcomp II #2220018283 Report a problem | ||
| 3/24/2022 | Contingent | $150,000$58/sqft |
Source: Realcomp II #2220018283 Report a problem | ||
| 3/21/2022 | Listed for sale | $150,000+14900%$58/sqft |
Source: Realcomp II #2220018283 Report a problem | ||
| 1/7/2020 | Listing removed | $1,000 |
Source: Detroit Land Bank Authority Report a problem | ||
| 12/6/2019 | Listed for sale | $1,000-88.8% |
Source: Detroit Land Bank Authority Report a problem | ||
| 10/29/2009 | Listing removed | $8,900$3/sqft |
Source: NORTH AMERICAN REAL ESTATE LLC #29120689 Report a problem | ||
| 9/13/2009 | Listed for sale | $8,900$3/sqft |
Source: NORTH AMERICAN REAL ESTATE LLC #29120689 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $19,800 +26.9% |
| 2024 | -- | $15,600 +10.6% |
| 2023 | -- | $14,100 +20.5% |
| 2022 | -- | $11,700 |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | $10,500 +7.1% |
| 2017 | -- | $9,800 -66.9% |
| 2016 | $1,406 | $29,600 +369.8% |
| 2015 | $1,406 -2.6% | $6,300 -63.8% |
| 2013 | $1,443 +2.6% | $17,389 -30.2% |
| 2010 | $1,406 | $24,915 -12% |
| 2009 | -- | $28,313 -10.5% |
| 2008 | -- | $31,635 |
| 2007 | -- | $31,635 +5.5% |
| 2005 | $144 | $29,986 +3% |
| 2004 | -- | $29,113 +169.8% |
| 2001 | $899 +10.1% | $10,791 +3.2% |
| 2000 | $816 | $10,456 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Oakman
Nearby schools
GreatSchools rating
- 3/10Durfee Elementary-Middle SchoolGrades: PK-8Distance: 1.5 mi
- 4/10Central Collegiate AcademyGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48238
- Oakman
- 12703 Stoepel St
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Nearby neighborhoods
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