BEDS3
BATHS1 full
SQUARE FEET982
MLS#20261032972
STATUSPending
PROPERTY TYPEResidential - Single Family
SUBDIVISIONClare Sub
SCHOOLDetroit
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.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 1
Heating: Forced Air
Home Style: Ranch
Lot Size: 0.12 Acres
Year Built: 1946
Feature Descriptions
Architecture: Ranch
Days on Site: 43
Exterior: Aluminum
Foundation: Basement
Frontage Feet: 40
Garage/Parking: Detached
Lot Dimensions: 0.12 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $1452.0000
Winter Tax: $1729.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Sonic Realty LLC
Agency Phone: (313) 484-4696
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 676.82 per month $643.28 Principal & Interest $0.00 Property Tax (data not provided by mls) $33.54 Homeowner's Insurance
11311 Steel Street | MLS# 20261032972
This single family home located at 11311 Steel Street, Detroit, MI 48227 is currently listed for sale with an asking price of $115,000. This property was built in 1946 and has 3 bedrooms and 1 full baths with 982 sq. ft. Steel Street is located in the Clare Sub subdivision within the Detroit school district. Search Clare Sub real estate on www.ikeyrealty.com today.