For sale

$115,000

11311 Steel St, Detroit, MI 48227

3beds

982sqft

$1,036/mo

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Single Family Residence

Built in 1946

5,227 Square Feet Lot

$-- Zestimate^®

$117/sqft

$-- HOA

What's special

Functional layout

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.

52 days

39

1

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: 53 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Warranty Deed
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

Not available

Estimated sales range

Not available

$1,285/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