$115,000 for Sale
11311 steel street, detroit, MI 48227
| Beds 3 | Baths 1 | 982 Sqft | 0.12 Acres |
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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.
General Information
Sale Price: $115,000
Price/SqFt: $117
Status: Active
MLS#: rcomi20261032972
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: clare sub
Acres: 0.12
Lot Dimensions: 40X130.38
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 982 sq.ft.
Acreage: 0.12 est.
Year Built: 1946
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 1 Car
Garage Description: Detached
Construction: Aluminum
Exterior: Aluminum
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,452
Est. Winter Taxes: $1,729
Legal Description: W STEEL 7 CLARE SUB L69 P74 PLATS, W C R 22/709 40 X 130.38

IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Heritage Real Estate and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Samar Taha of Sonic Realty LLC, Phone: (313) 484-4696