Residential Income in Detroit

$56,000

12796 Stoepel, 48238, Detroit, MI

Residential Income for sale in Detroit, 12796 Stoepel, 48238, 2400 m²

12796 Stoepel, 48238, Detroit, MI

$56,000

2Bath
2400
Type: Residential Income

Description

**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)

Location

12796 Stoepel, 48238, Detroit, MI

Data

Object TypeResidential Income
Purchase Price$56,000
Living Space2400 m²
Plot SizeN/A
Bathrooms2
Construction Year1926
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas, Separate Meters
Primary Energy SourceN/A
Construction Year1926
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent