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11311 Steel Street, Detroit, MI 48227

$115,000
3
BD
1
BA
982
SqFt
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List Price
$115,000
Status
ACTIVE
Days on Market
151
Price Change
▲ $30,000 1779120820
MLS#
20261032972
Subtype
Residential
Style
Ranch
Year Built
1946
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
982
Lot Size
5,227
Acres
0.12
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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.

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Additional Information

Taxes
$3,181
Property Description
Ranch
Heating
Forced Air
Stories
1
Parking Features
Detached
Garage Spaces
1
School District
Detroit
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Samar Taha from Listing Office: Apex Realty Centers.

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