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12796 Stoepel
Detroit MI 48238 US

$64,900

Active Under Contract Listing ID 20261041909
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6 bed
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2.00 Bath (2 Full)
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Other

$64,900

Active Under Contract Listing ID 20261041909
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12796 Stoepel **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)

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Exterior Finish: Private Entry
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 64900
  • unparsedaddress: 12796 Stoepel
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48238
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2400
  • livingareaunits: Square Feet
  • latitude: 42.383945
  • longitude: -83.140173
  • listagentfullname: Danny Peterson
  • listagentemail: danny.peterson@exprealty.com
  • listagentkey: 3yd-REALCOMPMI-264210
  • listagentmlsid: 264210
  • listagentpreferredphone: (888) 501-7085
  • listagentofficephone: 8104236669
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1926
  • listingcontractdate: 2026-06-05
  • listagentfax: 5865801021
  • countyorparish: Wayne
  • parcelnumber: W16I018831S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • constructionmaterials: Brick
  • heating: Forced Air
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: ENERGY STAR(R) Qualified Window(s)
  • exteriorfeatures: Private Entry
  • architecturalstyle: Colonial
  • rooms: Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 2
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.140175, 42.383945
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"danny.peterson@exprealty.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/151/264087/20140423200110529.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600 ", "ListOfficeAddress2":"Suite 105b", "ListOfficeBrokerMlsId":"375382", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Colonial - Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/12796-Stoepel-St_Detroit_MI_48238_M35577-11646?f=listhub&s=REALCOMPMI&m=20261041909&c=rexren", "MLSModificationTimestamp":"2026-06-28 07:43:20", "Neighborhoods":[{"Description":null, "Name":"Det 6-Tire - Grnfld - Livernois"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1919, "TaxDescription":"E STOEPEL 166 ROBT OAKMANS FORD HIGHWAY & GLENDALE SUB L35 P82 PLATS, WCR 16/256 36 X 108", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/28/2026 12:29:27 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Danny Peterson, EXP Realty Main, danny.peterson@exprealty.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.