12703 Stoepel Street, Detroit, MI 48238
Description
Income-producing brick triplex on Detroit's west side with two additional vacant lots included in the sale. The building consists of one 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. All units are occupied with tenants currently paying rent, providing immediate income from day one.The property has a current City of Detroit Certificate of Compliance and separate gas and electric meters for each unit. One shared water meter services the building.Recent improvements include a new sewer line to the city tap (2026), new sump pump (2026), and one newer furnace. The property has been maintained over the years, with repairs completed as needed.The two adjoining lots to the south create additional value and flexibility. Use them for tenant parking, outdoor space, future development opportunities, or simply hold them as part of your investment portfolio.Conveniently located near Livernois Avenue and the Lodge Freeway with easy access to major employment centers, transportation routes, and neighborhood amenities. A solid brick multi-family property with existing income, recent capital improvements, and extra land included in the sale. A great opportunity for investors looking to add a performing asset to their portfolio.
Price & Status History
MLS Listing History10 listings
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Pending | $228,000 | — | Jun 12, 2026 | — | Realcomp | View → |
| Canceled | $228,000 | — | Mar 2, 2026 | — | Realcomp | View → |
| Sold | $910 | $1,090 | Oct 22, 2025 | Dec 10, 2025 | Realcomp | View → |
| Canceled | $950 | — | Oct 5, 2024 | — | Realcomp | View → |
| Canceled | $850 | — | Jul 16, 2024 | — | Realcomp | View → |
| Expired | $950 | — | May 2, 2024 | — | — | View → |
| Sold | $189,000 | $183,500 | Jan 11, 2024 | Apr 29, 2024 | MichRIC | View → |
| Canceled | $189,000 | — | Dec 30, 2023 | — | Realcomp | View → |
| Sold | $1,400 | $1,300 | Nov 30, 2022 | Dec 27, 2022 | Realcomp | View → |
| Sold | $150,000 | $142,000 | Mar 17, 2022 | May 20, 2022 | Realcomp | View → |
Tax & Assessment
Property Details
Listed by Tracy A Petersen
VM Real Estate Group