Map
Listed price in listed location currency (USD).
$115,000

311

MLS® 20261032972

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 982 sqft
Garage Yes
Taxes $3,181
Days Active 20
Lot Size 0.12 Acres
Approx. Age 1946
Avg. Price Per Sqft $117
MLS® Number 20261032972

Property Address: 11311 Steel St, Detroit, MI, 48227-3766

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20261032972
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1946
BasementUnfinished
DrivewayOne Car Garage, Detached
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $115,000 and $1,181,000.
Similar properties in this area sold on average for: $825,550
Expected to sell in 46 days. Similar properties sold in 66 days. This home has been on Zoocasa for 20 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties