12796 Stoepel
Detroit, MI, 48238
$61,500
Beds
2 Baths
0 SqFt
0 Acres
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$61,500
12796 Stoepel
Detroit, MI, 48238
MLS #20261041909 image #0
**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)

Property Details

Price:
$61,500
MLS #:
20261041909
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Listed Date:
Jul 22, 2026
Year Built:
1926
Detroit

Schools

School District:
Detroit

Interior

Heating
Forced Air

Exterior

Association Amenities
Pets Allowed
Construction Materials
Brick

Financial

Net Operating Income
$15,000
Taxes
$1,919
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Current real estate data for Single Family in Detroit as of Aug 12, 2026
3,917
Single Family Listed
131
Avg DOM
84
Avg $ / SqFt
$148,446
Avg List Price

Community

Subdivisions in Detroit

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Property Summary

    12796 Stoepel Detroit MI is a Single Family for sale in Detroit, MI, 48238. It is listed for $61,500 and features 0 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1926. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $148,446.
12796 Stoepel
Detroit, MI

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