**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)
For sale
Price cut: $5.5K (8/19)
$56,000
12796 Stoepel St, Detroit, MI 48238
6beds
2,400sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$23/sqft
$-- HOA
What's special
- 50 days |
- 288 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Danny Peterson 810-423-6669,
EXP Realty Main 888-501-7085
Source: Realcomp II,MLS#: 20261041909
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
- 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: $23/sqft
- Tax assessed value: $18,527
- Annual tax amount: $1,918
- Date on market: 6/7/2026
- Cumulative days on market: 50 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203K
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,005/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $56,000-8.9%$23/sqft |
Source: | ||
| 8/13/2026 | Contingent | $61,500$26/sqft |
Source: eXp Realty #20261041909 Report a problem | ||
| 7/22/2026 | Price change | $61,500-5.2%$26/sqft |
Source: | ||
| 7/10/2026 | Pending sale | $64,900$27/sqft |
Source: | ||
| 6/26/2026 | Contingent | $64,900$27/sqft |
Source: eXp Realty #20261041909 Report a problem | ||
| 6/7/2026 | Listed for sale | $64,900+44.2%$27/sqft |
Source: | ||
| 1/26/2022 | Sold | $45,000-9.8%$19/sqft |
Source: Public Record Report a problem | ||
| 11/10/2021 | Pending sale | $49,899$21/sqft |
Source: | ||
| 11/9/2021 | Price change | $49,8990%$21/sqft |
Source: | ||
| 11/1/2021 | Listed for sale | $49,900+399%$21/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/27/2019 | Listing removed | $10,000$4/sqft |
Source: Owner Report a problem | ||
| 7/25/2019 | Price change | $10,000-53.5%$4/sqft |
Source: Owner Report a problem | ||
| 1/24/2019 | Listed for sale | $21,500-18.9%$9/sqft |
Source: Owner Report a problem | ||
| 11/6/2018 | Listing removed | $26,500$11/sqft |
Source: Owner Report a problem | ||
| 8/8/2018 | Listed for sale | $26,500+42.2%$11/sqft |
Source: Owner Report a problem | ||
| 7/1/2018 | Listing removed | $18,633$8/sqft |
Source: At Home Real Estate #18003338 Report a problem | ||
| 1/31/2018 | Price change | $18,633-29.7%$8/sqft |
Source: At Home Real Estate #18003338 Report a problem | ||
| 8/15/2017 | Listed for sale | $26,500+194.4%$11/sqft |
Source: Owner Report a problem | ||
| 7/7/2017 | Listing removed | $9,000$4/sqft |
Source: At Home Real Estate #17014262 Report a problem | ||
| 4/18/2017 | Price change | $9,000-30.2%$4/sqft |
Source: At Home Real Estate #17014262 Report a problem | ||
| 4/12/2017 | Price change | $12,900-26.3%$5/sqft |
Source: At Home Real Estate #17014262 Report a problem | ||
| 4/6/2017 | Listed for sale | $17,500+1650%$7/sqft |
Source: At Home Real Estate #17014262 Report a problem | ||
| 3/30/2017 | Sold | $1,000-96% |
Source: Agent Provided Report a problem | ||
| 2/13/2017 | Price change | $24,7230%$10/sqft |
Source: Owner Report a problem | ||
| 9/27/2016 | Price change | $24,724-11%$10/sqft |
Source: Owner Report a problem | ||
| 9/13/2016 | Listed for sale | $27,791$12/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Oakman
Nearby schools
GreatSchools rating
- 3/10Durfee Elementary-Middle SchoolGrades: PK-8Distance: 1.4 mi
- 4/10Central Collegiate AcademyGrades: 9-12Distance: 1.4 mi
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