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11311 Steel Street, Detroit, MI 48227

$85,000
  • 11311 Steel Street, Detroit, MI 48227 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET982 MLS#20261032972
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONClare Sub SCHOOLDetroit

Property Description

Charming investment opportunity in Detroit! 11311 Steel St is a tenant-occupied property offering immediate rental income potential and strong long-term value. Currently occupied by a Section 8 tenant paying $1,800/month, this property offers reliable cash flow with an estimated 13% cap rate. The home features a functional layout, spacious living areas, and solid rental appeal, making it an excellent addition to any investment portfolio. Conveniently located near schools, shopping, dining, major freeways, and local amenities, providing strong accessibility for tenants and future occupants alike. Ideal for investors seeking steady cash flow or buyers looking for future owner-occupancy potential. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.

11311 Steel Street | MLS# 20261032972

This single family home located at 11311 Steel Street, Detroit, MI 48227 is currently listed for sale with an asking price of $85,000. This property was built in 1946 and has 3 bedrooms and 1 full baths with 982 sq. ft. Steel Street is located in the Clare Sub subdivision within the Detroit school district. Search Clare Sub real estate on www.griffithrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 1
Heating: Forced Air
Home Style: Ranch
Lot Size: 0.12 Acres
Year Built: 1946

Feature Descriptions

Architecture: Ranch
Days on Site: 4
Exterior: Aluminum
Foundation: Basement
Frontage Feet: 40
Garage/Parking: Detached
Lot Dimensions: 0.12 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $1452.0000
Winter Tax: $1729.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Sonic Realty LLC
Agency Phone: (313) 484-4696

Shown By

Agency Title: Griffith Realty
Agency Phone: 810-227-1016

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Estimate Your Payment

Estimated Payment

$ 213.96 per month $189.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $24.79 Homeowner's Insurance

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