This property is no longer for sale.
New properties are listed every day. Browse what is available now.
Off-Market
12339 Stoepel St
Detroit, MI 48204, USA
List price
$110,000
Multi-unit house
Photos of the property
Explore the location
· from aerial to streetside.
Story
APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL
!!! Off Market Turnkey Duplex in Detroit with potential Cash-on-Cash of
50% and potential for value add !!!
-- -- 🏠12339 Stoepel St, Detroit, MI 48204🏠 -- --
1927 Build 2 units: Each a 3 bed/1 bath with 1,146 sqft -- --
✅ 1 unit currently rented for $850. FMR: $2,800. Keeping the current
tenant: $2,290.✅ -- --
Cash flow at $2,290 with a 7.5% DSCR loan: 50.47% -- --
Cap Rate: 15-19% -- --
Asking $110,000
Resources:
- The listing price is based on our Cash Offer Calculator.
- Run this scenario through our DSCR Calculator.
- Run this scenario through our Fix and Flip Calculator.
Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get instant loan quote and pre-approval for this listing. Start exploring deals now!
Property details
2 details the seller has shared
Property
· The bones — what the buyer sees first
Property type
Multi-unit house
History & terms
· Past sales, updates, and deal mechanics
Reason for sale
Other
Finance & protect this property
Finance the deal
Get an instant loan quote
See what financing this purchase could look like.
No credit pull
Rate in about 60 seconds
Estimate insurance
Get an instant insurance estimate
Save up to
~$200/yr
Get a quick coverage estimate for this property.
No obligation
Covers this property
In the neighborhood
Nearby properties on OfferMarket
$270,000
198 Smith Clemmer Rd, Mt Holly, NC 28120, USA
$375,000
3495 Kali Ln, Alma, MI 48801, USA
$100,000
422 Dimmick St, Watertown, NY 13601, USA
$729,000
246 Hermes St, Simi Valley, CA 93065, USA
3 beds
2 baths
$2,250,000
2259 Camino Rey, Fullerton, CA 92833, USA
$110,000
208 Baird St, Holly, MI 48442, USA
$435,000
16087 Riverside Dr, Livonia, MI 48154, USA
$915,000
41245 Belvidere St, Harrison Township, MI 48045, USA
$75,000
19512 Joann Ave, Detroit, MI 48205, USA
$265,000
1010 40th Ave NE, Minneapolis, MN 55421, USA
$250,000
5533 Sheridan St, Detroit, MI 48213, USA
4 beds
3 baths
$50,000
1629 33rd Ave N, Birmingham, AL 35207, USA