11311 Steel Street, Detroit, MI 48227

Detroit
Local realty services provided by:ERA Prime Real Estate Group
11311 Steel Street,Detroit, MI 48227
$115,000
  • 3 Beds
  • 1 Baths
  • 982 sq. ft.
  • Single family
  • Pending
Listed by: samar taha
Office: sonic realty llc.
MLS#:20261032972
Source:MI_REALCOMP

Price summary

  • Price:$115,000
  • Price per sq. ft.:$117.11

About this home

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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Home facts

  • Year built:1946
  • Listing ID #:20261032972
  • Added:67 day(s) ago
  • Updated:July 14, 2026 at 09:37 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Basement Description:Unfinished
  • Living area:982 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1946
  • Building area:982 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Ranch
  • Construction Materials:Aluminum Siding
  • Foundation Description:Basement, Block
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$115,000
  • Price per sq. ft.:$117.11
  • Tax amount:$3,181

Parking

  • Parking description:Detached, One Car Garage
  • Garage spaces:1
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