12796 Stoepel St

Detroit MI 48238

2400 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

**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)

Features

2 bathrooms

2400 sq. ft. floor area

Multi-Family

Property history for 12796 Stoepel St

2021

Sold

$45,000

18 Nov 2021 by Leanne Conger, of Diamond Realty & Associates, LLC

2017

Sold

$1,000

29 Mar 2017 by Brandon Johnson

Happy sellers in Detroit

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