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Sold for $53,000
  • Zillow Home logoZestimate®
    $53,000

    12796 Stoepel St, Detroit, MI 48238

    6beds
    2,400sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $53,000 Zestimate®
    $22/sqft
    $1,076 Estimated rent

    Home value

    $53,000

    $50,000 - $57,000

    $1,076/mo

    Zestimate® history
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    What's special

    **Attention Investors & Developers!** Exceptional value-add opportunity with this large brick two-family property, ideal for a full renovation and long-term wealth-building strategy. The building has been taken down to the studs, providing a blank canvas to design and finish to your specifications. Two major capital improvements have already been completed, including a newer roof and vinyl replacement windows, helping reduce upfront renovation costs. Both units feature private front entrances and offer similar floor plans, with one upper and one lower unit. The common basement provides ample storage and could potentially be reconfigured to create separate tenant spaces. Utilities include one water meter, while gas and electric services are separately metered for each unit. Whether your strategy is BRRRR, buy-and-hold, or resale, this property presents significant upside potential for experienced investors seeking their next redevelopment project. Don't miss the opportunity to unlock the value this multifamily asset has to offer. Comparable Solds (12680 Santa Rosa for $197,500 on 5/11/26, 4308 Tyler St for $195,000 on 9/8/25)

    Zillow last checked:

    Listing updated:

    Listed by:

    Danny Peterson 810-423-6669,

    EXP Realty Main

    Bought with:

    Lila Mircholi, 6501433642

    Golden Key Realty Group LLC

    Source: Realcomp II,MLS#: 20261041909MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas, Separate Meters
    Features
    • Windows: Energy Star Qualified Windows
    • Basement: Common,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Private Entrance
    • Pool features: None
    Lot
    • Size: 3,888 Square Feet
    • Dimensions: 36 x 108
    Details
    • Parcel number: W16I018831S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $22/sqft
    • Tax assessed value: $18,527
    • Annual tax amount: $1,918
    • Date on market: 6/7/2026
    • Cumulative days on market: 59 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA 203K

    Price history

    DateEventPrice
    9/24/2026Sold$53,000-5.4%$22/sqft
    Source: Realcomp II #20261041909 Report a problem
    9/5/2026Pending sale$56,000$23/sqft
    Source: Realcomp II #20261041909 Report a problem
    8/19/2026Listed for sale$56,000-8.9%$23/sqft
    Source: Realcomp II #20261041909 Report a problem
    8/13/2026Contingent$61,500$26/sqft
    Source: eXp Realty #20261041909 Report a problem
    7/22/2026Price change$61,500-5.2%$26/sqft
    Source: Realcomp II #20261041909 Report a problem
    7/10/2026Pending sale$64,900$27/sqft
    Source: Realcomp II #20261041909 Report a problem
    6/26/2026Contingent$64,900$27/sqft
    Source: eXp Realty #20261041909 Report a problem
    6/7/2026Listed for sale$64,900+44.2%$27/sqft
    Source: Realcomp II #20261041909 Report a problem
    1/26/2022Sold$45,000-9.8%$19/sqft
    Source: Public Record Report a problem
    11/10/2021Pending sale$49,899$21/sqft
    Source: Realcomp II #2210089761 Report a problem
    11/9/2021Price change$49,8990%$21/sqft
    Source: Realcomp II #2210089761 Report a problem
    11/1/2021Listed for sale$49,900+399%$21/sqft
    Source: Realcomp II #2210089761 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/27/2019Listing removed$10,000$4/sqft
    Source: Owner Report a problem
    7/25/2019Price change$10,000-53.5%$4/sqft
    Source: Owner Report a problem
    1/24/2019Listed for sale$21,500-18.9%$9/sqft
    Source: Owner Report a problem
    11/6/2018Listing removed$26,500$11/sqft
    Source: Owner Report a problem
    8/8/2018Listed for sale$26,500+42.2%$11/sqft
    Source: Owner Report a problem
    7/1/2018Listing removed$18,633$8/sqft
    Source: At Home Real Estate #18003338 Report a problem
    1/31/2018Price change$18,633-29.7%$8/sqft
    Source: At Home Real Estate #18003338 Report a problem
    8/15/2017Listed for sale$26,500+194.4%$11/sqft
    Source: Owner Report a problem
    7/7/2017Listing removed$9,000$4/sqft
    Source: At Home Real Estate #17014262 Report a problem
    4/18/2017Price change$9,000-30.2%$4/sqft
    Source: At Home Real Estate #17014262 Report a problem
    4/12/2017Price change$12,900-26.3%$5/sqft
    Source: At Home Real Estate #17014262 Report a problem
    4/6/2017Listed for sale$17,500+1650%$7/sqft
    Source: At Home Real Estate #17014262 Report a problem
    3/30/2017Sold$1,000-96%
    Source: Agent Provided Report a problem
    2/13/2017Price change$24,7230%$10/sqft
    Source: Owner Report a problem
    9/27/2016Listed for sale$24,724$10/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $25,300 +26.5%
    2024-- $20,000 +22.7%
    2023-- $16,300 +19.9%
    2022-- $13,600 -11.7%
    2021-- $15,400
    2020$2,481 +74.6%$15,400 +4.8%
    2019$1,421 $14,700 +17.6%
    2018$1,421 $12,500 +6.8%
    2017-- $11,700 -67.8%
    2016$2,031 $36,300 +192.7%
    2015$2,031 +17.7%$12,400 -28.2%
    2013$1,726 -15%$17,259 -30.2%
    2010$2,031 $24,730 -12%
    2009-- $28,102 -10.5%
    2008-- $31,399
    2007-- $31,399 +5.5%
    2005$274 $29,762 +3%
    2004-- $28,895 +41.4%
    2001$1,701 +10.1%$20,433 +3.2%
    2000$1,545 $19,800
    Find assessor info on the county website

    Neighborhood: Oakman

    Nearby schools

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    Estimated market value
    $53,000
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    Estimated market value
    $53,000