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Listing provided courtesy of RE/MAX Leading EdgeMLS# 60407063MLS Provider
  • 369 days on site
  • 1 views

Discover the potential of this investment opportunity at 12081 Stout St, Detroit, MI. This as-is property presents a unique chance for investors looking to expand their rental portfolio and generate passive income. Situated in a neighborhood poised for growth, the home offers significant promise for those with a vision and the willingness to undertake renovations. Understanding the demands of transforming as-is homes into profitable rental properties will enable investors to maximize the opportunity this address provides. With the growing interest in Detroit's real estate market, this property stands as a promising project for those with the intent to create a stable and lucrative rental income stream. Property Sold AS-IS. ALL DATA AND MEASUREMENTS ARE APPROXIMATE AND DEEMED RELIABLE BUT NOT GUARANTEED. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION PROVIDED. A MICHIGAN LISENCED REAL ESTATE AGENT IS TO BE PRESENT AT ALL SHOWINGS.

Source: Great Lakes Repository, MLS#: 60407063

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  • Property Type
    Residential
  • Lot
    0.12 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12081 Stout Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/13/2026Source: Great Lakes Repository Status Change
Pending
1/10/2026Source: Great Lakes Repository Price Reduction
$64,900 -7.3%
11/24/2025Source: Great Lakes Repository Price Reduction
$69,998 -0.0%
11/5/2025Source: Great Lakes Repository Price Reduction
$69,999 -12.5%
6/26/2025Source: Great Lakes Repository Added to Database
June 26, 2025