For Sale
17566 Stoepel Street, Detroit, MI 48221
$249,900
MLS # 20261012712 (Realcomp)
Built 19300.11 acres
1 / 40
Listing Description
Beautiful, Spacious Brick Tudor-style Multifamily located in Detroit's highly sought after Bagley neighborhood, near the Avenue of Fashion.In this 2 Family Home: The 1st flr unit features hardwood floors throughout, 3 bedrooms, 1 full bathroom, kitchen with nook, dining room, and living room with fireplace. 2nd Flr unit features hardwood floors throughout, 2 bedrooms, 1 full bathroom, kitchen with nook, dining room, living room with fireplace, and both front and rear balcony! This property features a HUGE basement with easy potential to make a 3rd unit or just additional living or storage space. Both units are UPDATED and have CENTRAL AIR systems! They also both have IN UNIT LAUNDRY area with washer & dryer. ALL APPLIANCES STAY!!!This home has a nice balance of original character and modern updates. It offers great versatility for investors or owner-occupants. Not only is this ABSOLUTELY TURNKEY READY to bring in lucrative cash flow as a Short Term/Mid Term Rental, Transitional Housing, Sober Living Home, Veteran Housing or College Student Housing etc which can all easily yield income of 5k-15k monthly…This property can also be a perfect fit for a house hacker wanting a nice place to live & also rent out. Or it can be just 1 big family compound.What makes this property so turn key besides the renovated condition? The fact that it is FULLY FURNISHED and FULLY STOCKED. For only an additional $5,000 you can also keep all the furnishings, with all supplies, materials etc a business owner would need to run any of the above listed types of homes for you to immediately start making money! All that you see is included in the sale, making this a very RARE OPPORTUNITY! Will be available for showings starting 3/6. Don’t miss out. Get your highest & best offer in!
Source: SparkMLS
About this home
Located in Bagley in Detroit, this property offers 3-bath, with original construction dating to 1930.
Asking $249,900.
Annual property taxes run approximately $8,376 ($698/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.11 acres
Year Built1930
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed2/27/2026
Original Price$275,000
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,401
Tax Year2025
State Equalized Value$130,500
Assessed Value$130,500
Parcel #16019078.
Source: Public Records
Legal Description
E STOEPEL 112 ARDENWOOD SUB L43 P2 PLATS, W C R 16/278 39 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mellisa Mallory
EXP Realty Main
Frequently Asked Questions about 17566 Stoepel Street, Detroit, MI 48221
Which school district serves 17566 Stoepel Street, Detroit, MI 48221?
Per MLS# 20261012712, 17566 Stoepel Street, Detroit, MI 48221 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261012712, this listing accepts Cash, Conventional, VA Loan financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 17566 Stoepel Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $11,560. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 17566 Stoepel Street, Detroit, MI 48221 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 17566 Stoepel Street, Detroit, MI 48221 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 17566 Stoepel Street, Detroit, MI 48221?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$8,376
Monthly$698
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$2,319
Principal & interest$1,621
Property taxes$698
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
17566 Stoepel Street, Detroit, MI 48221
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Neighborhood
Bagley
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Community
Detroit
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County
Wayne County
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