12722 Stoepel Street, Detroit, MI 48238

New Listing
$145,000
Property Type: Multi Family Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $145,000 List Date: 2/04/2026 Last Modified: 2/05/2026

Description

A compelling income-producing opportunity with established tenancy. This tenant-occupied property offers immediate cash flow with a solid rental history, featuring a long-term tenant in the downstairs unit generating $750 per month and a recently placed upstairs tenant at $645 per month. The combination of stable occupancy and diversified tenancy provides dependable income and reduced turnover risk. The property presents an attractive option for investors seeking a well-performing asset with consistent returns and long-term potential. All information is deemed reliable but not guaranteed; buyer to independently verify all details, including square footage, zoning, and any required city certifications. Showings are by appointment only and require a minimum of 24-hour notice to accommodate tenants.

More Information MLS# 26004057

Location & Property Info

Cross Streets: Livernois Property Sub-Type: 2 to 4 Units Municipality: Detroit City

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 35 by 108 Road Frontage: 35 Waterfront: No Basement: Yes Total # Units: 2 # of Diff Unit Floor Plans: 1 Total # Bldgs: 1 Total Parking Spaces: 2 School District: Detroit Lot Measurement: Acres Lot Square Footage: 3920 Lot Acres: 0.09 Year Built: 1926

Tax Info

Taxable Value: 19841 SEV: 37300 For Tax Year: 2025 Seller's Annual Property Tax: 1822 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: 0 Tax ID #: 16018821.

Remarks & Misc

Public Remarks: A compelling income-producing opportunity with established tenancy. This tenant-occupied property offers immediate cash flow with a solid rental history, featuring a long-term tenant in the downstairs unit generating $750 per month and a recently placed upstairs tenant at $645 per month. The combination of stable occupancy and diversified tenancy provides dependable income and reduced turnover risk. The property presents an attractive option for investors seeking a well-performing asset with consistent returns and long-term potential. All information is deemed reliable but not guaranteed; buyer to independently verify all details, including square footage, zoning, and any required city certifications. Showings are by appointment only and require a minimum of 24-hour notice to accommodate tenants. Legal: E STOEPEL 156ROBERT OAKMANS FORD HWY & GLENDALL35 P82 PLATS, W C R 16/256 35X108

Util Avail at Street

Electricity Available: 1 Natural Gas Available: 1 Public Sewer: 1 Public Water: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

2nd Mortgage: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Exterior Material

Brick: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1

Substructure

Michigan Basement: 1

Owner Pays

Water: 1

Unit 1

Unit Description: Unit #1 Occupied: Yes Monthly Rent: 645 Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Unit 2

Unit Description: Unit #2 Occupied: Yes Monthly Rent: 750 Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Location Property Info

County: Wayne Street #: 12722 Street Name: Stoepel Suffix: Street State: MI Zip Code: 48238 Zip (4): 4208

OfficeContract Info

Status: Active Current Price: $145,000 List Price: $145,000 Listing Date: 2026-02-04

Property Features

Exterior Material: Brick Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water Owner Pays: Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Terms Available: 2nd Mortgage; Cash; Conventional; FHA; VA Loan Sale Conditions: None
Listing Office: @properties Christie's Int'l
Listing Agent: Sydney Gonder
IDX
Last Updated: February - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.