$145,000
Detroit, MI 48238
MLS# 26004057
1 / 1
Property Description
A compelling income-producing opportunity with established tenancy. This tenant-occupied property offers immediate cash flow with a solid rental history, featuring a long-term tenant in the downstairs unit generating $750 per month and a recently placed upstairs tenant at $645 per month. The combination of stable occupancy and diversified tenancy provides dependable income and reduced turnover risk. The property presents an attractive option for investors seeking a well-performing asset with consistent returns and long-term potential. All information is deemed reliable but not guaranteed; buyer to independently verify all details, including square footage, zoning, and any required city certifications. Showings are by appointment only and require a minimum of 24-hour notice to accommodate tenants.
Details
Maps
Location Property Info
County: Wayne
Street #: 12722
Street Name: Stoepel
Suffix: Street
State: MI
Zip Code: 48238
Zip (4): 4208
OfficeContract Info
Status: Active
Current Price: $145,000
List Price: $145,000
Listing Date: 2026-02-04
General Property Info
Lot Measurement: Acres
Lot Square Footage: 3920
Lot Acres: 0.09
Lot Dimensions: 35 by 108
Year Built: 1926
New Construction: No
Road Frontage: 35
Total # Units: 2
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 2
Waterfront: No
School District: Detroit
Tax Info
Tax ID #: 16018821.
Taxable Value: 19841
SEV: 37300
For Tax Year: 2025
Seller's Annual Property Tax: 1822
Tax Year: 2025
Access Feat
Accessibility Features: No
Unit 1
Unit Description: Unit #1
Occupied: Yes
Monthly Rent: 645
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit #2
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Brick
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: 2nd Mortgage; Cash; Conventional; FHA; VA Loan
Sale Conditions: None
Listing Office: @properties Christie's Int'l
Listing Agent: Sydney Gonder
Last Updated: February - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.