SELLER WILL GIVE A 10000 CREDIT TO HELP WITH CLOSING COSTS. Welcome to 12374 Stoeppel, a crown jewel triplex located in the sought-after Oakman Blvd Historic District. Nestled on a 3,990 sq. ft. lot in a quiet, homeowner-dense neighborhood, this property offers an incredible investment opportunity. All three spacious units have previously passed Section 8 inspections and have been thoughtfully upgraded with newly installed furnaces and hot water tanks. The plumbing and electrical systems have also been updated for added peace of mind and long-term, low-maintenance cash flow. Each unit features fresh paint and brand-new carpeting with premium underlayment. While one unit may need some light cosmetic work, the property is priced accordingly and is projected to generate over $3,000/month once fully leased. ONE UNIT IS FRESHLY LEASED TO A SECTION 8 TENANT FOR 1376/MONTH. Don’t miss out—this historic beauty won’t last long. Let’s close!
Property Details
Price:
$234,999
MLS #:
20251013786
Status:
Active
Beds:
0
Baths:
4
Address:
12374 Stoepel Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ROBERT OAKMANS FORD HWY & GLENDALE
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Jul 2, 2025
State:
MI
Finished Sq Ft:
2,610
ZIP:
48204
Year Built:
1927
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Hot Water, Natural Gas
Exterior
Architectural Style
Triplex
Construction Materials
Brick
Financial
Taxes
$4,794
Map
Community
- Address12374 Stoepel Street Detroit MI
- SubdivisionROBERT OAKMANS FORD HWY & GLENDALE
- CityDetroit
- CountyWayne
- Zip Code48204
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12374 Stoepel Street
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