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For sale
  • $225,000

    13167 Stoepel St, Detroit, MI 48238

    5beds
    2,600sqft
    : 
    $2,106/mo
    Get pre-qualified
    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    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.
    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#: 20261069356MLS Logo

      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

        DateEventPrice
        9/4/2026Listed for sale$225,000-10%$87/sqft
        Source: Realcomp II #20261069356 Report a problem
        12/29/2025Listing removed$250,000$96/sqft
        Source: Realcomp II #20251053642 Report a problem
        11/18/2025Listed for sale$250,000+4.2%$96/sqft
        Source: Realcomp II #20251053642 Report a problem
        5/1/2025Listing removed$240,000$92/sqft
        Source: Realcomp II #20240080014 Report a problem
        12/17/2024Price change$240,000-4%$92/sqft
        Source: Realcomp II #20240080014 Report a problem
        10/22/2024Listed for sale$250,000+350.5%$96/sqft
        Source: Realcomp II #20240080014 Report a problem
        10/11/2020Listing removed$900
        Source: Front Page Properties #2200083051 Report a problem
        10/8/2020Listed for rent$900+80%
        Source: Front Page Properties #2200083051 Report a problem
        9/17/2020Sold$55,500+101.8%$21/sqft
        Source: Public Record Report a problem
        10/7/2019Listing removed$500
        Source: Willis Realty LLC #219088531 Report a problem
        9/3/2019Listed for rent$500-31.5%
        Source: Willis Realty LLC #219088531 Report a problem
        3/19/2019Listing removed$730
        Source: Willis Realty LLC #219006462 Report a problem
        1/19/2019Listed for rent$730+4.3%
        Source: Willis Realty LLC #219006462 Report a problem
        6/24/2018Listing removed$700
        Source: Willis Realty LLC #218033456 Report a problem
        4/22/2018Listed for rent$700
        Source: Willis Realty LLC #218033456 Report a problem
        10/17/2017Sold$27,500-29.5%$11/sqft
        Source: Public Record Report a problem
        9/14/2017Listed for sale$39,000$15/sqft
        Source: James Hall Realty #217060213 Report a problem
        9/14/2017Pending sale$39,000$15/sqft
        Source: James Hall Realty #217060213 Report a problem
        8/23/2017Listed for sale$39,000$15/sqft
        Source: James Hall Realty #217060213 Report a problem
        8/23/2017Pending sale$39,000$15/sqft
        Source: James Hall Realty #217060213 Report a problem
        7/31/2017Price change$39,000-18.8%$15/sqft
        Source: James Hall Realty #217060213 Report a problem
        7/15/2017Listed for sale$48,000$18/sqft
        Source: James Hall Realty #217060213 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Oakman

        Getting around

        58 / 100
        Somewhat Walkable
        46 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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