13181 Stoepel Street, Detroit, MI 48238

Detroit
Local realty services provided by:ERA Prime Real Estate Group
13181 Stoepel Street,Detroit, MI 48238
$210,000
  • - Beds
  • 3 Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: roland c walker iii
Office: kw grosse pointe
MLS#:20261069603
Source:MI_REALCOMP

Price summary

  • Price:$210,000
  • Price per sq. ft.:$80.77

About this home

Updated 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 neighborhood would generate $3,050/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 two1-bed/1-bath units (700 sq ft at $900/mo, 600 sq ft at $850/mo), each offering updated finishes and solid market appeal. Note: Roof on the property needs to be redone. Priced with condition in mind and still ready to deliver strong cash flow. Recent upgrades include new electrical panels, updated plumbing supply and drain lines, new carpet/laminate flooring, fresh paint and updated vanities; delivering a clean, low-maintenance product for any investor. Investor highlights: • NOI: $25,482 • Cap Rate: 12.13% (at $210,000...

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Home facts

  • Year built:1927
  • Subdivision & Development:ROBERT OAKMANS FORD HWY & GLENDALE
  • Listing ID #:20261069603
  • Added:42 day(s) ago
  • Updated:October 13, 2026 at 10:02 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Full, Unfinished
  • Living area:2,600 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Natural Gas, Radiant, Steam

Structure and exterior

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

Utilities

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

Finances and disclosures

  • Price:$210,000
  • Price per sq. ft.:$80.77
  • Tax amount:$3,260

Parking

  • Parking description:On Street
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