12031 Stoepel St Detroit, MI 48204
- Commercial real estate
- 2,304 SF
- 0.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12031 Stoepel St
- Year built
- 1926
- Lot size
- 0.09 lot acres
- Property size
- 2,304 SF
- Property type
- Commercial real estate
- APN
- W16I019752S
Description
This well-maintained two-unit brick colonial, located at 12031 Stoepel Street in Detroit, Michigan, presents a fantastic investment opportunity. Built in 1926 and extensively renovated in 2024, this property offers a total of 2,304 square feet on a 0.09-acre lot. The property is zoned for multi-family residential use (APN: W16I019752S). Each of the two units features three bedrooms and one bathroom, along with a kitchen and living room. Both units boast their own separate entrances, offering convenience and privacy for residents. A shared, unfinished basement provides laundry facilities for both units. The asking price is $109,900, translating to $48 per square foot. This property is ideal for an owner-occupant seeking rental income or an investor looking for a solid addition to their portfolio. The property's location in Detroit, within Wayne County, and its recent renovation make it a highly attractive investment. The two-story building offers a blend of classic charm and modern updates, promising strong rental potential and a potentially high return on investment. The property's address is 12031 Stoepel St, Detroit, MI 48204.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1405113
- Latitude
- 42.3766858
