USAMIDetroitRobert Oakmans Ford Hwy & Glendale13181 Stoepel St
Listing image | Image 1

13181 Stoepel St, Detroit, MI

House

For Sale

Listed price in listed location currency (USD).
$210,000

030

MLS® 20261069603

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2600 sqft
Garage 
Taxes $3,260
Days Active 37
Lot Size 0.09 Acres
Approx. Age 1927
Avg. Price Per Sqft $80
MLS® Number 20261069603

Property Address: 13181 Stoepel St, Detroit, MI, 48238-5102

Average square foot calculated using Size range provided by listing agent.

Description

Updated Triplex for Investors Seeking Cash Flow, Stability & Immediate Income. Perfect for cash investors, new landlords, or buyers looking to house-hack while tenants cover the mortgage. This updated triplex near Detroit’s historic Russell Woods neighborhood would generate $3, 050/month in projected gross rent across three spacious units; delivering dependable income with minimal overhead. The property includes a 3-bed/1-bath unit (1, 300 sq ft, $1, 300/mo) and two1-bed/1-bath units (700 sq ft at $900/mo, 600 sq ft at $850/mo), each offering updated finishes and solid market appeal. Note: Roof on the property needs to be redone. Priced with condition in mind and still ready to deliver strong cash flow. Recent upgrades include new electrical panels, updated plumbing supply and drain lines, new carpet/laminate flooring, fresh paint and updated vanities; delivering a clean, low-maintenance product for any investor. Investor highlights: • NOI: $25, 482 • Cap Rate: 12.13% (at $210, 000 purchase price) • Cash Flow (with 20% down): ~$12, 766/year • Cash-on-Cash Return: 30.40% • Expenses include standard reserves for maintenance, property management, and vacancy. Also for sale is 13167 Stoepel another triplex. Acquire both triplex's, maximize your wealth potential and continue to scale up your real estate portfolio.
MLS® Number20261069603
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
BasementFull, Unfinished
DrivewayOn Street
Garage Spaces
HeatNatural Gas, Radiant, Steam
A/CCeiling Fans

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 30, 2026List Date
$210,000List Price
  • Commute

Commute

Starting Address
Destination Address
13181 Stoepel St, Detroit, MI

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