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About the Listing 375382 - 264210
**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 Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Separate Meters,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2400
- Below Ground Sq Ft: 1200
- Basement: Unfinished,Common
- Other: ENERGY STAR® Qualified Window(s),2 Story,Forced Air,Separate Meters,Pets Allowed
- Water: Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 36x108
- Zoning: Multi-Family
- Roof:
- Others: Private Entry,Brick,Paved
- Sewer: Sewer at Street
Financial Details
- Tax Amount: $1,919
- Taxes w/Assessments: N/A
- Tax/Property ID: W16I018831S
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
12796 Stoepel Detroit, MI 48238
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