12031 Stoepel StDetroit, MI 48204

For Sale
$109,900

Charming Detroit Duplex, Updated 2024

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • $109,900 asking price for a 2-unit apartment building.
  • 2,304 square feet, priced at $48 per square foot.
  • Two-unit multifamily property.
  • Built in 1926, renovated in 2024.
  • Two-story brick colonial with separate entrances for each unit.
  • Each unit features 3 bedrooms and 1 bath.

Property Details for 12031 Stoepel St

Property type
Multifamily properties, Apartment buildings
Square Feet
2,304 SF
Year Built/Renovated
1926/2024
Stories
2
Lot Size (sq. ft)
3,920 SF
Units
2

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3766858
Longitude
-83.1405113
12031 Stoepel St, Detroit, Michigan

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12031 Stoepel St
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