Investment Opportunity in the Pride Area Community of Detroit. This Value-Add 4 Unit Multi-Family includes a 4 car garage. Each unit has 2 bedrooms and one bath. One unit is currently tenant occupied. Lots of potential!
Active
$197,900
12824 Steel St, Detroit, MI 48227
8beds
4baths
--sqft
2 to 4 Units
Built in 1927
-- sqft lot
$192,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 17 days |
- 765 |
- 63 |
Zillow last checked:
Listing updated:
Listed by:
Alana Paap 616-886-6423,
Investor's Prop Mgmt Detroit 313-995-9027
Source: MichRIC,MLS#: 26039977
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Full
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Gravel
Lot
- Size: 6,534 Square Feet
- Dimensions: 23 x 115 x 90 x 133
- Features: Sidewalk
Details
- Parcel number: 22022190.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Tax assessed value: $44,229
- Annual tax amount: $3,931
- Date on market: 8/1/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water, Sewer, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$192,600
$181,000 - $202,000
$1,193/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for sale | $197,900+7.3% |
Source:  MichRIC #26039977 Report a problem | ||
| 7/6/2023 | Sold | $184,500-7.7% |
Source:  Realcomp II #20230032049 Report a problem | ||
| 6/27/2023 | Pending sale | $199,900 |
Source: Realcomp II #20230032049 Report a problem | ||
| 5/4/2023 | Listed for sale | $199,900+70.9% |
Source: Realcomp II #20230032049 Report a problem | ||
| 6/2/2020 | Listing removed | $750 |
Source: Golden Key Real Estate Report a problem | ||
| 3/18/2020 | Price change | $750-11.8% |
Source: Golden Key Real Estate Report a problem | ||
| 2/20/2020 | Listed for rent | $850 |
Source: Golden Key Real Estate Report a problem | ||
| 12/13/2019 | Listing removed | $850 |
Source: Clara Robinson PA Report a problem | ||
| 12/3/2019 | Price change | $850-5.6% |
Source: Clara Robinson PA Report a problem | ||
| 8/22/2019 | Listed for rent | $900 |
Source: Clara Robinson PA Report a problem | ||
| 3/5/2019 | Sold | $117,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $42,900 +24.3% |
| 2024 | -- | $34,500 +10.9% |
| 2023 | -- | $31,100 +38.8% |
| 2022 | -- | $22,400 +14.3% |
| 2021 | -- | $19,600 |
| 2020 | $1,080 +23.5% | $19,600 |
| 2019 | $874 | $19,600 -14.8% |
| 2018 | $874 | $23,000 -15.1% |
| 2017 | -- | $27,100 +287.1% |
| 2016 | $1,298 | $7,000 |
| 2015 | $1,298 +32.7% | $7,000 -28.5% |
| 2013 | $979 -24.6% | $9,785 -30.2% |
| 2010 | $1,298 | $14,019 -12% |
| 2009 | -- | $15,931 -13.5% |
| 2008 | -- | $18,417 |
| 2007 | -- | $18,417 +5.5% |
| 2005 | $204 | $17,457 +3% |
| 2004 | -- | $16,949 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Grand River
Nearby schools
GreatSchools rating
- 3/10Noble Elementary-Middle SchoolGrades: PK-8Distance: 0.7 mi
- 4/10Central Collegiate AcademyGrades: 9-12Distance: 3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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