13167 Stoepel Street, Detroit, MI 48238

Detroit
Local realty services provided by:ERA Prime Real Estate Group
13167 Stoepel Street,Detroit, MI 48238
$225,000
  • - Beds
  • 23 Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: roland c walker iii
Office: kw grosse pointe
MLS#:20261069356
Source:MI_REALCOMP

Price summary

  • Price:$225,000
  • Price per sq. ft.:$86.54

About this home

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...

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Home facts

  • Year built:1927
  • Subdivision & Development:ROBERT OAKMANS FORD HWY & GLENDALE
  • Listing ID #:20261069356
  • Added:42 day(s) ago
  • Updated:October 13, 2026 at 10:02 AM

Rooms and interior

  • Total bathrooms:23
  • Full bathrooms:23
  • Basement Description:Common, Full, Unfinished
  • Living area:2,600 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant, Steam

Structure and exterior

  • Year built:1927
  • Building area:2,600 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Triplex
  • Construction Materials:Brick
  • Exterior Features:Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public, Water at Street
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$86.54
  • Tax amount:$4,204

Parking

  • Parking description:On Street
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