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.
For sale
$115,000
11311 Steel St, Detroit, MI 48227
3beds
982sqft
Single Family Residence
Built in 1946
5,227 Square Feet Lot
$111,100 Zestimate®
$117/sqft
$-- HOA
What's special
Functional layout
- 99 days
- 40
- 2
Zillow last checked:
Listing updated:
Listed by:
Samar Taha 313-888-7653,
Apex Realty Centers 734-469-2469
Source: Realcomp II,MLS#: 20261032972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Other
- Level: Entry
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 982 sqft
- Finished area above ground: 982
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 130.38
Details
- Parcel number: W22I023124S006
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: CLARE SUB
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $16,186
- Annual tax amount: $3,181
- Date on market: 5/8/2026
- Cumulative days on market: 100 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$111,100
$104,000 - $117,000
$1,185/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $115,000$117/sqft |
Source:  Realcomp II #20261032972 Report a problem | ||
| 6/17/2026 | Pending sale | $115,000$117/sqft |
Source: Realcomp II #20261032972 Report a problem | ||
| 5/18/2026 | Price change | $115,000+35.3%$117/sqft |
Source: Realcomp II #20261032972 Report a problem | ||
| 5/8/2026 | Listed for sale | $85,000+150%$87/sqft |
Source: Realcomp II #20261032972 Report a problem | ||
| 1/25/2023 | Sold | $34,000+3.9%$35/sqft |
Source: Public Record Report a problem | ||
| 2/12/2013 | Sold | $32,726$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $15,700 +23.6% |
| 2024 | -- | $12,700 +13.4% |
| 2023 | -- | $11,200 +19.1% |
| 2022 | -- | $9,400 +13.3% |
| 2021 | -- | $8,300 |
| 2020 | $988 +29.9% | $8,300 +35.6% |
| 2019 | $761 | $6,120 +0.3% |
| 2018 | $761 | $6,100 +3.4% |
| 2017 | -- | $5,900 -33.7% |
| 2016 | $956 | $8,900 |
| 2015 | $956 -23.8% | $8,900 -29.1% |
| 2013 | $1,255 +31.3% | $12,549 -30.2% |
| 2010 | $956 | $17,979 -12% |
| 2009 | -- | $20,431 -13.5% |
| 2008 | -- | $23,620 |
| 2007 | -- | $23,620 +5.5% |
| 2005 | $126 | $22,389 +3% |
| 2004 | -- | $21,737 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Barton-McFarland
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