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About the Listing 105240 - 631373
Solid, income-producing brick 3-unit located in a strong rental area on Detroit's west side. This property features one large 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units *** all currently occupied with tenants up to date on rental payments***. Most importantly for investors: the property holds a current Certificate of Compliance from the City of Detroit. This is a fully operating, compliant asset with income in place. Ownership has been proactive and detail-oriented, with ongoing maintenance handled in a timely manner. Minor tenant repairs have never been deferred, protecting both the physical asset and its long-term performance. The result is a property that reflects care, pride, and responsible management. Major mechanical improvement includes a new sewer line installed all the way to the city tap (2026). This is a significant capital upgrade already completed. New sump pump added (2026) In addition to the triplex, the sale includes two adjoining vacant lots directly to the south of the property. This provides huge potential: future parking expansion, added outdoor space for tenants, new development, or long-term land hold in an appreciating area. The building is solid brick construction - durable, low-maintenance, and built to last. Located near major corridors with easy access to Livernois, the Lodge Freeway, and nearby retail and employment centers, the area continues to show strong rental demand and long-term upside. This is a true value play: stabilized income, major infrastructure update completed, bonus land included, and positioned in a strong rental area. A smart addition to any Detroit investment portfolio.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
60972845
Year Built
1927
Total Square Footage
2,600
Lot/Acreage
0.09
County
Wayne
Neighborhood
Robert Oakmans Ford Hwy & Glendale
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2600
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 35X108
- Roof:
- Others: Fenced Yard,Porch
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: $1,661
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
12703 Stoepel Detroit, MI 48238
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