About This Home

This 4-bedroom, 2-bathroom residential multi family at 16583 Stoepel Street in Detroit, MI is listed for $34,990 ($21 per sqft). Built in 1926, the home offers 1,680 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1926
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
2 full
1926
Listing Description

Investor special in Detroit's desirable 48221 area! This approximately 1,680 sq. ft. property features two 2-bedroom, 1-bath units and offers excellent potential for an investor looking for a flip or rental opportunity. The property needs renovation and is being sold as-is, providing plenty of opportunity to add value.

Each unit is approximately 840 sq. ft., with projected renovated rents of approximately $1,100-$1,200 per month per unit. Conveniently located near W McNichols Rd (6 Mile), shopping, transportation, and neighborhood amenities. Cash or hard money preferred; proof of funds required. Buyer to verify property condition, legal unit configuration, square footage, rental projections, and all other information.

Monthly Cost Estimate

$187/mo

20% down · 6.5% · 30 years

Principal$25
Interest$152
Insurance$10

Estimates only. Actual payments may vary.

Location

16583 Stoepel Street

Detroit, MI 48221

Edison Heights

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 16583 Stoepel Street is listed at $34,990 ($21/sqft). The estimated monthly payment is $187 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.08 acre lot, 2 stories.

This property is listed by Jordan White.

JW

Jordan White

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 501-7085 · View on Broker Site

MLS# 20261078084· Source: Realcomp Limited II· 35 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16583 Stoepel Street, Detroit, MI 48221

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