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Sold for $215,000
  • $215,000

    12703 Stoepel St, Detroit, MI 48238

    5beds
    2,600sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $215,100 Zestimate®
    $83/sqft
    $1,066 Estimated rent

    Home value

    $215,100

    $202,000 - $230,000

    $1,066/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy A Petersen 586-797-0999,

    VM Real Estate Group

    Bought with:

    Nyah Kidd, 6501459788

    eXp Realty, LLC

    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: $83/sqft
    • Tax assessed value: $16,887
    • Annual tax amount: $2,414
    • Date on market: 6/12/2026
    • Cumulative days on market: 71 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Warranty Deed

    Price history

    DateEventPrice
    9/28/2026Sold$215,000-5.7%$83/sqft
    Source: Realcomp II #20261044150 Report a problem
    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
    3/2/2026Listed for sale$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
    1/11/2024Listed for sale$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

    Neighborhood: Oakman

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $215,100
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    Estimated market value
    $215,100