new - 3 days on rocket

12088 Stoepel St, Detroit, MI, 48204

$129,900

Home List Price

$1,543*

Closing Credit

2 Full Baths, 1 Partial
2,600 SqFt
$50/SqFt
Multi

Location

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12088 Stoepel St, Detroit$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOnStreet, SharedDriveway
Year Built1927
HeatingHot Water, Natural Gas
BasementYes
MLS #20240091486
Lot Size0.08 Acres
StatusActive

About 12088 Stoepel St

Fantastic Investment Opportunity or Perfect for Owner-Occupancy! This charming triplex is a must-see for investors or homebuyers looking to maximize their income potential. With all three units currently vacant, you have the flexibility to select your tenants and set your own rent prices. One of the units is already move-in ready, while the remaining two offer an excellent opportunity for renovation and customization to your liking. This is a rare chance to own a multi-family property with great potential—don’t let it pass you by. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1927
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: James T Silver

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: OnStreet, SharedDriveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: Take Livernois To Elmhurst Go East On Stoepel To Address

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $50/SqFt

Tax Information:

  • Annual Amount: $540
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

12088 Stoepel St vs Detroit

3 DAYS ON ROCKET

-46 Days

$129,900

+$44.8K More

$50/SqFt

-$18 Less

KEY TAKEAWAY

This property is $44.8K more than the Median Sold Price and $18/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240091486

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: James T Silver

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$540$20,100
2020$1,029$22,800
2018$1,029$10,100
2017$1,308$17,000

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4340828
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-4340829
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.27 miles

  • Public District Grades PK-5

school-card-donut-4340830
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 2.49 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,941. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›12088 Stoepel St

This home is located at 12088 Stoepel St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. This 2,600 square foot home, which was built in 1927, sits on a 0.08 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $129,900.

In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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