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Pending
    • $228,000

    12703 Stoepel St, Detroit, MI 48238

    5beds
    2,600sqft
    : 
    $1,991/mo
    Get pre-qualified
    Multi Family
    Built in 1927
    -- sqft lot
    $223,300 Zestimate®
    $88/sqft
    $-- HOA

    What's special

    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.
    64 days
    |
    15
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy A Petersen 586-797-0999,

    VM Real Estate Group 586-797-0999

    Source: Realcomp II,MLS#: 20261044150MLS Logo

      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: 117 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Warranty Deed

        Estimated market value

        $223,300

        $212,000 - $234,000

        $1,088/mo

        Price history

        DateEventPrice
        7/13/2026Pending sale$228,000$88/sqft
        Source: Realcomp II #20261044150 Report a problem
        5/11/2026Price change$228,000-0.9%$88/sqft
        Source: Realcomp II #20261009284 Report a problem
        4/28/2026Price change$230,000-5.3%$88/sqft
        Source: Realcomp II #20261009284 Report a problem
        4/17/2026Listed for sale$243,000$93/sqft
        Source: Realcomp II #20261009284 Report a problem
        3/26/2026Pending sale$243,000$93/sqft
        Source: Realcomp II #20261009284 Report a problem
        3/2/2026Price change$243,000+28488.2%$93/sqft
        Source: Realcomp II #20261009284 Report a problem
        7/16/2024Listed for sale$850-99.5%
        Source: Realcomp II #20240051022 Report a problem
        7/1/2024Listing removed--
        Source: Realcomp II #20240028788 Report a problem
        5/2/2024Listed for rent$950-9.5%
        Source: Realcomp II #20240028788 Report a problem
        4/29/2024Sold$183,500-2.9%$71/sqft
        Source: MichRIC #24002968 Report a problem
        4/9/2024Pending sale$189,000$73/sqft
        Source: MichRIC #24002968 Report a problem
        1/23/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/11/2024Price change$189,000+26%$73/sqft
        Source: Realcomp II #81024002968 Report a problem
        12/22/2023Price change$1,050-8.7%
        Source: Zillow Rentals Report a problem
        12/5/2023Price change$1,150-14.8%
        Source: Zillow Rentals Report a problem
        11/10/2023Listed for rent$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        4/4/2022Pending sale$150,000$58/sqft
        Source: Realcomp II #2220018283 Report a problem
        3/24/2022Contingent$150,000$58/sqft
        Source: Realcomp II #2220018283 Report a problem
        3/21/2022Listed for sale$150,000+14900%$58/sqft
        Source: Realcomp II #2220018283 Report a problem
        1/7/2020Listing removed$1,000
        Source: Detroit Land Bank Authority Report a problem
        12/6/2019Listed for sale$1,000-88.8%
        Source: Detroit Land Bank Authority Report a problem
        10/29/2009Listing removed$8,900$3/sqft
        Source: NORTH AMERICAN REAL ESTATE LLC #29120689 Report a problem
        9/13/2009Listed for sale$8,900$3/sqft
        Source: NORTH AMERICAN REAL ESTATE LLC #29120689 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
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        Climate risks

        Neighborhood: Oakman

        Getting around

        54 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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