Please check your email for your login details.2 Baths
$64,900
12796 Stoepel – 48238
Detroit, Michigan 48238
2400 Sq FT
$27.04 Price per Sq Ft
Highlights
PrivateEntrance
About This Home
**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)
Listing Agent
Danny Peterson
EXP Realty Main
Listed on : June 5, 2026
Activity
Days on Market:3
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $1,919
Year Built
- Built in 1926
Lot Details
- Lot Dimensions are 36x108
Parking
Home Design
- PrivateEntrance
Interior Spaces
- 2,400 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 2 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48238
Utilities
- ForcedAir, NaturalGas, SeparateMeters
- Water Source: WateratStreet
- Sewer: SewerAtStreet
About the Showing Agent
Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.
Map
Hassan Scheib