$125,000

12380 Stoepel Street, Detroit, MI 48204

3 baths |
2,650 sqft

Multi-Family Home
Built in 1927
3,920sqft lot
—— car garage
$47/sqft
Listed 2 months ago

Property Description

Opportunity for an all Brick unique 3 family unit investment property that has very stable tenants. The lower resident has occupied over 7 years. The upper two units are mother and daughter each have over 6 years as residents. Updates to the units include mechanicals, GFA's units, water heaters and updated electric circuit breaker panels. The lower unit has a separate entrance, the upper have a common entrance on the front porch and two separate entrance to the units. All tenants have perfect payment history as managed by REMS, Inc. Sellers are offering Land Contract terms. All offers will require a financial / credit report and application fee. report attached in docs.

Listing Status:: Active
Date Added:: August 14, 2025 at 05:00AM
Listing Office:: Real Estate Management Specialists Inc : 313-533-6300
Listing Agent:: Robert LaBute : 313-690-7990
MLS ID:: 60927824

Appliances: Gas Water Heater
Laundry: Common Area
Heating: Forced Air

General: BrickTwoBasement

Road/Access: Paved
Golf: Private Entry
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: E STOEPEL 133ROBT OAKMANS FORD HWY & GLENDALE SUB L35 P82 PLATSW C R 16/256 37X108

Water: Public

Source: MiRealSource

This listing courtesy of Robert LaBute, Real Estate Management Specialists Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.74 miles away

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.74 miles away

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.