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    13181 Stoepel St Detroit, MI 48238

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    For Sale
    $240,000

    Triplex in Oakman Boulevard Historic District with recent updates.

    Lot size:
    0.09 Acres

    Property Features for 13181 Stoepel St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1927

    Source: Front Page Properties Agent Raquel West

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Triplex in Historic District

    This Detroit triplex is situated in the Oakman Boulevard Historic District. The property features one 3-bedroom unit and two 1-bedroom units located on the upper floors. Recent exterior updates include new steel egress doors, updated entry door hardware, and new replacement windows in Unit 2. Interior improvements consist of three new electrical panels, dedicated GFCI lines, updated lighting, a new hot water tank, a new boiler system, and upgraded plumbing supply and waste lines. Unit updates include new entry doors for Units 2 and 2B, new hardware throughout, new vanities, new laminate flooring, fresh paint, and new carpet in Unit 2. The property has separate utility meters. The location provides convenient access to major roads, dining, shopping, schools, the University District, Livernois Avenue of Fashion, and Palmer Park. It is also located minutes from downtown Detroit. Currently, two units are vacant, and one is occupied.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1408621
    Latitude
    42.3852707

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    FAQs

    What type of property is this?
    Triplex - Triplex in Oakman Boulevard Historic District with recent updates.
    Where is this triplex located?
    The property is located at 13181 Stoepel St Detroit, MI.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Located in the highly sought-after Oakman Boulevard Historic District.; - Triplex featuring one spacious 3-bedroom unit and two 1-bedroom units.; - **Two units are vacant, perfect for immediate occupancy or generating rental income.**
    (586) 738-0090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13181 Stoepel St Detroit, MI 48238
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