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17566 Stoepel St, Detroit, MI, 48221

5beds
2baths
2,978sqft
$249,900
$84price/sqft
$2,250/moest. monthly cost
$90,000/yrincome needed

About This Home

Beautiful, Spacious Brick Tudor-style Multifamily located in Detroit's highly sought after Bagley neighborhood, near the Avenue of Fashion. In this 2 Family Home: The 1st flr unit features hardwood floors throughout, 3 bedrooms, 1 full bathroom, kitchen with nook, dining room, and living room with fireplace. 2nd Flr unit features hardwood floors throughout, 2 bedrooms, 1 full bathroom, kitchen with nook, dining room, living room with fireplace, and both front and rear balcony! This property features a HUGE basement with easy potential to make a 3rd unit or just additional living or storage space. Both units are UPDATED and have CENTRAL AIR systems! They also both have IN UNIT LAUNDRY area with washer & dryer. ALL APPLIANCES STAY!!! This home has a nice balance of original character and modern updates. It offers great versatility for investors or owner-occupants. Not only is this ABSOLUTELY TURNKEY READY to bring in lucrative cash flow as a Short Term/Mid Term Rental, Transitional Housing, Sober Living Home, Veteran Housing or College Student Housing etc which can all easily yield income of 5k-15k monthly…This property can also be a perfect fit for a house hacker wanting a nice place to live & also rent out. Or it can be just 1 big family compound. What makes this property so turn key besides the renovated condition? The fact that it is FULLY FURNISHED and FULLY STOCKED with all supplies, materials etc a business owner would need to run any of the above listed types of homes for you to immediately start making money! All that you see is included in the sale, making this a very RARE OPPORTUNITY! Will be available for showings starting 3/6. Don’t miss out. Get your highest & best offer in!

Getting Around

71
WalkingVery Walkable
49
TransitSome Transit
50
BikeBikeable

Schools

4/10
4/10
Mumford High SchoolGrades 9-121.0 mi
4/10
Bagley Elementary SchoolGrades PK-60.6 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Basement,Poured
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 2,978

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,978 sqft

Property

Details

  • Parcel number: W16I019078S
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 39 x 120

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$357$4,284
Property Taxes $306$3,672
Electricity $324$3,897
Total$2,250$27,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,142/yr
40% on housing$67,500/yr
45% on housing$60,000/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 48221$93
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48221$102
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$265,000
2026-04-06Price change$269,900
2026-03-13Price change$274,900
2026-02-28Listed for sale$275,000
2024-11-12Sold$250,000
2020-07-01Listing removed$179,000
2020-02-27Listed for sale$179,000
2018-07-31Sold$67,000
2018-06-23Listed for sale$74,000
2018-02-08Sold$51,000
2017-12-29Pending sale$64,900
2017-11-27Price change$64,900
2017-10-30Listed for sale$69,900
2016-02-08Sold$54,100
2015-12-27Listing removed$675
2015-12-14Listed for rent$675
2015-09-02Listing removed$64,000
2015-07-15Listed for sale$64,000
2011-02-14Sold$20,000
2010-12-03Listed for sale$22,260
2010-08-15Listing removed$29,900
2010-07-02Price change$29,900
2010-06-02Price change$34,900
2010-05-12Price change$39,900
2010-03-27Listed for sale$44,900
2010-02-22Sold$91,994
2009-08-07Price change$89,900
2009-08-05Listed for sale$77,000
1996-06-20Sold$77,000

For Sale by Agent

AgentMellisa Mallory
BrokerageEXP Realty Main

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