12796 Stoepel, Detroit, MI 48238

Detroit
Local realty services provided by:ERA Prime Real Estate Group
12796 Stoepel,Detroit, MI 48238
$56,000
  • - Beds
  • 2 Baths
  • 2,400 sq. ft.
  • Multi-family
  • Pending
Listed by: danny peterson
Office: exp realty main
MLS#:20261041909
Source:MI_REALCOMP

Price summary

  • Price:$56,000
  • Price per sq. ft.:$23.33

About this home

**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...

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Home facts

  • Year built:1926
  • Listing ID #:20261041909
  • Added:92 day(s) ago
  • Updated:September 06, 2026 at 07:38 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Common, Full, Unfinished
  • Living area:2,400 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas, Separate Meters

Structure and exterior

  • Year built:1926
  • Building area:2,400 sq. ft.
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Exterior Features:Private Entrance
  • Foundation Description:Basement, Brick Mortar
  • Levels:Two

Utilities

  • Water:Water at Street
  • Sewer:Sewer at Street

Finances and disclosures

  • Price:$56,000
  • Price per sq. ft.:$23.33
  • Tax amount:$1,918
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