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11311 Steel, Detroit, MI 48227

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
11311 Steel,Detroit, MI 48227
$115,000
  • 3 Beds
  • 1 Baths
  • 982 sq. ft.
  • Single family
  • Active
Listed by: samar taha
Office: apex realty centers
MLS#:60991317
Source:MI_REALSOURCE

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
  • Subdivision & Development:Clare Sub
  • Listing ID #:60991317
  • Added:125 day(s) ago
  • Updated:September 11, 2026 at 10:59 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:4
  • Bedroom Description:Bedroom 1 on Entry Level, Bedroom 2 on Entry Level, Bedroom 3 on Entry Level
  • 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
  • Foundation Description:Basement
  • Levels:1 Story

Utilities

  • Water:Public Water

Finances and disclosures

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

Parking

  • Parking description:Detached Garage
  • Garage spaces:1
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