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Duplex with Expansion Space
For Sale
$90,000

12604 Stoepel St, Detroit, MI 48238

Two residential units feature separate utilities, updated building systems, and shared basement space for a substantial renovation project.

Property Size3,190 SF
Price / SF$28.21
Days on Market48

Property Features for 12604 Stoepel St

General Information

Standard status Active
Size 3,190 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1932
Listing Agency: S&P Realty
Listed By: Shane Parker · License #6501397534
Source: Premiermichiganhomesearch
Added: Jul 29 Changed: Aug 30 Last Checked: Sep 13 at 12:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S&P Realty

Investment Insights

Based on property information with market context.

This 1932 duplex contains two residential units, each arranged with three bedrooms, one full bathroom, a living room, dining room, and kitchen. The property also includes a shared full basement and a spacious third floor that may support additional living area or future expansion. Existing work includes a newer roof, Pella windows, revised electrical service with separate meters and boxes, newer ductwork, PEX plumbing, and some recessed lighting. Completed demolition provides a starting point for continued renovation, while the oversized entry staircase remains a notable architectural feature.

The property is located in Detroit near downtown, three major freeways, public transportation, the library, grocery stores, and stadiums. Its duplex configuration, separate utility setup, and additional third-floor area provide a range of practical considerations for an owner-occupant or buyer completing the remaining improvements.

Key Highlights

  • Two‑unit duplex with three bedrooms and one full bathroom per unit
  • 3,190‑square‑foot property built in 1932
  • Full common basement plus a large third floor for potential additional living space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature separate utilities, updated building systems, and shared basement space for a substantial renovation project.
Where is this duplex located?
The property is located at 12604 Stoepel St Detroit, MI.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms and one full bathroom per unit; 3,190‑square‑foot property built in 1932; Full common basement plus a large third floor for potential additional living space
More about this property
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