17358 Stoepel Street
Detroit, MI 48221
Multi Family · MLS # 20261090423 · Listing courtesy of Coldwell Banker Professionals-GPF
About this home
Excellent Investment Opportunity! This versatile two-unit property offers the perfect opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable living space and excellent rental potential. Ideally situated in a desirable location near popular restaurants, shopping, public transportation, and major freeways, this property offers convenience and accessibility. Live in one unit while generating rental income from the other, or add both units to your investment portfolio. Whether you're looking to build wealth through rental income or offset your mortgage while owning your home, this multi-unit property presents an opportunity you won't want to miss! Schedule your tour today. You won't be disappointed. Appliances and 1st floor bedroom ceiling fan are excluded from the sale. BATVAI
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,207 homes sold in Detroit for a median of $99,900, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $170,000, or $83 per square foot, 17% above the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $7,316 a year. A buyer who lives here would pay about $4,129 to $5,510 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Detroit
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