Turnkey Triplex for Investors Seeking Cash Flow, Stability & Immediate Income. Perfect for cash investors, new landlords, or buyers looking to house-hack
while tenants cover the mortgage. This updated triplex near Detroit’s historic Russell Woods/Nardin Park neighborhood would generate $2,930/month in projected gross rent across three spacious units; delivering dependable income with minimal overhead. The property includes a 3-bed/1-bath unit (1,300 sq ft, $1,300/mo) and two 1-bed/1-bath units (700 sq ft at $900/mo, 600 sq ft at $730/mo), each Recent upgrades include new electrical panels, updated plumbing supply and drain lines, new laminate flooring, fresh paint and updated vanities; delivering a clean, low-maintenance product for any investor.
Investor highlights:
• NOI: $24,373.20
• Cap Rate: 10.83% (at $225,000 purchase price)
• Cash Flow (with 20% down): ~$10,748.93/year
• Cash-on-Cash Return: 23.89%
• Expenses include standard reserves for maintenance, property
management, and vacancy.
For sale
$225,000
13167 Stoepel St, Detroit, MI 48238
5beds
2,600sqft
Multi Family
Built in 1927
-- sqft lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
- 38 days
- 77
- 2
Zillow last checked:
Listing updated:
Listed by:
Roland C Walker III 586-525-5138,
KW Grosse Pointe 313-886-7239
Source: Realcomp II,MLS#: 20261069356
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 23
- Full bathrooms: 23
Heating
- Natural Gas, Radiant, Steam
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
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 36 x 108
Details
- Parcel number: W16I019671S
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
- Utilities for property: Above Ground Utilities, Cable Available
Community & HOA
Community
- Subdivision: ROBERT OAKMANS FORD HWY & GLENDALE
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $23,030
- Annual tax amount: $4,204
- Date on market: 9/4/2026
- Cumulative days on market: 38 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,FHA 203K,Va Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $225,000-10%$87/sqft |
Source: | ||
| 12/29/2025 | Listing removed | $250,000$96/sqft |
Source: | ||
| 11/18/2025 | Listed for sale | $250,000+4.2%$96/sqft |
Source: | ||
| 5/1/2025 | Listing removed | $240,000$92/sqft |
Source: | ||
| 12/17/2024 | Price change | $240,000-4%$92/sqft |
Source: | ||
| 10/22/2024 | Listed for sale | $250,000+350.5%$96/sqft |
Source: | ||
| 10/11/2020 | Listing removed | $900 |
Source: Front Page Properties #2200083051 Report a problem | ||
| 10/8/2020 | Listed for rent | $900+80% |
Source: Front Page Properties #2200083051 Report a problem | ||
| 9/17/2020 | Sold | $55,500+101.8%$21/sqft |
Source: Public Record Report a problem | ||
| 10/7/2019 | Listing removed | $500 |
Source: Willis Realty LLC #219088531 Report a problem | ||
| 9/3/2019 | Listed for rent | $500-31.5% |
Source: Willis Realty LLC #219088531 Report a problem | ||
| 3/19/2019 | Listing removed | $730 |
Source: Willis Realty LLC #219006462 Report a problem | ||
| 1/19/2019 | Listed for rent | $730+4.3% |
Source: Willis Realty LLC #219006462 Report a problem | ||
| 6/24/2018 | Listing removed | $700 |
Source: Willis Realty LLC #218033456 Report a problem | ||
| 4/22/2018 | Listed for rent | $700 |
Source: Willis Realty LLC #218033456 Report a problem | ||
| 10/17/2017 | Sold | $27,500-29.5%$11/sqft |
Source: Public Record Report a problem | ||
| 9/14/2017 | Listed for sale | $39,000$15/sqft |
Source: James Hall Realty #217060213 Report a problem | ||
| 9/14/2017 | Pending sale | $39,000$15/sqft |
Source: James Hall Realty #217060213 Report a problem | ||
| 8/23/2017 | Listed for sale | $39,000$15/sqft |
Source: James Hall Realty #217060213 Report a problem | ||
| 8/23/2017 | Pending sale | $39,000$15/sqft |
Source: James Hall Realty #217060213 Report a problem | ||
| 7/31/2017 | Price change | $39,000-18.8%$15/sqft |
Source: James Hall Realty #217060213 Report a problem | ||
| 7/15/2017 | Listed for sale | $48,000$18/sqft |
Source: James Hall Realty #217060213 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $36,000 +26.8% |
| 2024 | -- | $28,400 +24% |
| 2023 | -- | $22,900 +19.9% |
| 2022 | -- | $19,100 -11.6% |
| 2021 | -- | $21,600 |
| 2020 | $1,123 -37.3% | $21,600 +7.5% |
| 2019 | $1,793 | $20,100 +19.6% |
| 2018 | $1,793 | $16,800 +7% |
| 2017 | -- | $15,700 -68% |
| 2016 | $1,221 | $49,100 +223% |
| 2015 | $1,221 -21.4% | $15,200 -27.9% |
| 2013 | $1,553 +27.2% | $21,069 -30.2% |
| 2010 | $1,221 | $30,188 -12% |
| 2009 | -- | $34,305 -10.5% |
| 2008 | -- | $38,330 |
| 2007 | -- | $38,330 +5.5% |
| 2005 | $156 | $36,332 +3% |
| 2004 | -- | $35,274 +203.6% |
| 2001 | $756 +12.2% | $11,618 +3.2% |
| 2000 | $674 | $11,258 |
Find assessor info on the county website
Monthly payment
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