11311 Steel Street
Detroit, MI, 48227
$115,000
3 Beds
1 Baths
982 SqFt
0.12 Acres
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$115,000
11311 Steel Street
Detroit, MI, 48227
MLS #20261032972 image #0
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 Details

Price:
$115,000
MLS #:
20261032972
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 8, 2026
Finished Sq Ft:
982
Total Sq Ft:
982
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1946
Detroit

Schools

School District:
Detroit

Interior

Bathrooms
1 Full Bathroom
Heating
Forced Air

Exterior

Construction Materials
Aluminum Siding
Garage Spaces
1
Parking Features
Detached
Stories
1

Financial

Taxes
$3,181
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Current real estate data for Single Family in Detroit as of Jun 02, 2026
3,738
Single Family Listed
143
Avg DOM
84
Avg $ / SqFt
$149,698
Avg List Price

Community

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Property Summary

    11311 Steel Street Detroit MI is a Single Family for sale in Detroit, MI, 48227. It is listed for $115,000 and features 3 beds, 1 baths, and has approximately 982 square feet of living space, and was originally constructed in 1946. The current price per square foot is $117. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $149,698.
11311 Steel Street
Detroit, MI

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