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!
Realtyflo IncLicense #6501424283Listed on: 07/02/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
Year Built
Built in 1927 | Remodeled in 2025
Lot Details
3,920 Sq Ft Lot
Lot Dimensions are 36x108
Home Design
Triplex
Brick Exterior Construction
Block Foundation
Interior Spaces
2,610 Sq Ft Home
2-Story Property
Unfinished Basement
Utilities
Forced Air Heating System
Hot Water Heating System
Heating System Uses Natural Gas
Sewer in Street
Listing and Financial Details
Assessor Parcel Number 16018797
Community Details
Overview
3 Units
Robert Oakmans Ford Hwy & Glendale Subdivision
Pet Policy
Call for details about the types of pets allowed
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,794
Year Built
Built in 1927 | Remodeled in 2025
Lot Details
0
Listing Details
Property Type: Multifamily
Architecture Style: Triplex
Architecture Level: 2 Story
Year Built: 1927
State Equalized Value: 35700.0000
Year Renovated: 2025
Pets Allowed: Call
Special Features: NewHome
Property Sub Type: MultiFamily
Stories: 2
Interior Features
Total Bathrooms: 3.10
Full Bathrooms: 3
Half Bathrooms: 1
Basement: Yes
Basement Type: Unfinished
Sq Ft Combined: 2610
Total Sq Ft: 2610
Sq Ft Total Bsmt: 1305
Exterior Features
Foundation Details: Basement
Construction Materials: Brick
Foundation Materials: Block
Road Frontage Type: Paved
Utilities
Heating Fuel: Natural Gas
Heating: Forced Air, Hot Water
Sewer: Sewer at Street
Water Source: Water at Street
Schools
School District: Detroit
Lot Info
Lot Size Area: 0.09
Lot Dimensions: 36X108
Parcel Number: 16018797
Zone Conform: Yes
Zoning: Multi-Family
Tax Info
Tax Amount Summer: 2939.0000
Tax Amount Winter: 1855.0000
Total Tax: 4794.0000
Taxable Value: 35700.0000
Multi Family
Number Of Units Total: 3
Number of Four Bedroom Units: 1
Number of One Bedroom Units: 2
MLS Schools
School District: Detroit
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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This home is located at 12374 Stoepel St, Detroit, MI 48204 and is currently priced at $234,999, approximately $90 per square foot. This property was built in 1927. 12374 Stoepel St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393