12703 Stoepel Street, Detroit, Michigan 48238

$243,000

Property Details

MLS#: 20261009284
Bedrooms: N/A
Bathrooms: 3
Square Feet: 2,600
Price per Sqft: $93
Lot Size: 0.09 acres
Year Built: 1927
Property Type: ResidentialIncome
Status: Active
Days on Market: 7

Description

Solid, income-producing brick 3-unit located in a strong rental area on Detroit’s west side. This property features one large 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units *** all currently occupied with tenants up to date on rental payments***. Most importantly for investors: the property holds a current Certificate of Compliance from the City of Detroit. This is a fully operating, compliant asset with income in place. Ownership has been proactive and detail-oriented, with ongoing maintenance handled in a timely manner. Minor tenant repairs have never been deferred, protecting both the physical asset and its long-term performance. The result is a property that reflects care, pride, and responsible management. Major mechanical improvement includes a new sewer line installed all the way to the city tap (2026). This is a significant capital upgrade already completed. New sump pump added (2026) In addition to the triplex, the sale includes two adjoining vacant lots directly to the south of the property. This provides huge potential: future parking expansion, added outdoor space for tenants, new development, or long-term land hold in an appreciating area. The building is solid brick construction — durable, low-maintenance, and built to last. Located near major corridors with easy access to Livernois, the Lodge Freeway, and nearby retail and employment centers, the area continues to show strong rental demand and long-term upside. This is a true value play: stabilized income, major infrastructure update completed, bonus land included, and positioned in a strong rental area. A smart addition to any Detroit investment portfolio.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 12703 Stoepel Street?

12703 Stoepel Street is listed at $243,000, or $93 per square foot.

How many bedrooms does 12703 Stoepel Street have?

This property has N/A bedrooms and 3 bathrooms, with 2,600 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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