12796 Stoepel Detroit MI 48238 MLS #20261041909

12796 Stoepel
Detroit, MI, 48238
$61,500
Beds
2 Baths
2,400 SqFt
0 Acres
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MLS #20261041909 image #0
**Attention Investors & Developers!** Exceptional value-add opportunity with this large brick two-family property, ideal for a full renovation and long-term wealth-building strategy. The building has been taken down to the studs, providing a blank canvas to design and finish to your specifications. Two major capital improvements have already been completed, including a newer roof and vinyl replacement windows, helping reduce upfront renovation costs.

Both units feature private front entrances and offer similar floor plans, with one upper and one lower unit. The common basement provides ample storage and could potentially be reconfigured to create separate tenant spaces. Utilities include one water meter, while gas and electric services are separately metered for each unit.

Whether your strategy is BRRRR, buy-and-hold, or resale, this property presents significant upside potential for experienced investors seeking their next redevelopment project. Don’t miss the opportunity to unlock the value this multifamily asset has to offer.

Comparable Solds (12680 Santa Rosa for $197,500 on 5/11/26, 4308 Tyler St for $195,000 on 9/8/25)

Property Details

Price:
$61,500
MLS #:
20261041909
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Neighborhood:
area05042det6tiregrnfldlivernois
Listed Date:
Jun 5, 2026
Finished Sq Ft:
2,400
Year Built:
1926
Short SaleColonialArea05042det6tiregrnfldlivernoisArea05042det6tiregrnfldlivernoisDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
2400
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas, Separate Meters
Levels
Two

Exterior

Architectural Style
Colonial
Construction Materials
Brick
Exterior Features
Private Entrance
Window Features
Energy Star Qualified Windows

Financial

Net Operating Income
$15,000
Taxes
$1,919

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Aug 08, 2026
3,825
Single Family Listed
124
Avg DOM
94
Avg $ / SqFt
$149,576
Avg List Price

Property Summary

    12796 Stoepel Detroit MI is a Single Family for sale in Detroit, MI, 48238. It is listed for $61,500 and features 0 beds, 2 baths, and has approximately 2,400 square feet of living space, and was originally constructed in 1926. The current price per square foot is $26. The average price per square foot for Single Family listings in Detroit is $94. The average listing price for Single Family in Detroit is $149,576. To schedule a showing of MLS#20261041909 at 12796 Stoepel in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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Detroit, MI