***CALLING ALL INVESTORS*** Prime investment opportunity on Detroit's West Side! This solid duplex features two 2-bedroom / 1-bath units, each currently rented for $1,200 per month, delivering immediate cashflow. Both units are tenant-occupied with leases through September 2026, and tenants have expressed interest in staying. Property offers separate furnaces and separate hot water tanks for each unit, with one hot water tank replaced in 2025. Well-maintained and ideally suited for investors seeking steady cash flow. Cap Rate:
For sale
$189,900
15005 Steel St, Detroit, MI 48227
4beds
1,880sqft
Townhouse
Built in 1929
3,920 Square Feet Lot
$-- Zestimate®
$101/sqft
$-- HOA
What's special
Solid duplex
- 224 days
- 93
- 2
Zillow last checked:
Listing updated:
Listed by:
Gabriella Occhialini 877-366-2213,
Keller Williams Realty-Great Lakes 586-541-4000,
Erick Monzo 586-210-3350,
Keller Williams Realty-Great Lakes
Source: Realcomp II,MLS#: 20251060734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,880 sqft
- Finished area above ground: 1,880
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 36.00 x 107.00
Details
- Parcel number: W22I022942S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: MEYERS GROVE (PLATS)
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $34,000
- Annual tax amount: $2,972
- Date on market: 1/6/2026
- Cumulative days on market: 225 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,667/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $189,900$101/sqft |
Source: | ||
| 3/9/2026 | Listing removed | $189,900$101/sqft |
Source: | ||
| 1/6/2026 | Listed for sale | $189,900+51.9%$101/sqft |
Source: | ||
| 5/6/2025 | Listing removed | $1,287$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2025 | Listed for rent | $1,287+7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Price change | $1,200-6.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/19/2025 | Sold | $125,000+47.9%$66/sqft |
Source: | ||
| 3/7/2025 | Listed for rent | $1,287$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2023 | Sold | $84,500$45/sqft |
Source: | ||
| 5/31/2023 | Pending sale | $84,500$45/sqft |
Source: | ||
| 5/20/2023 | Listed for sale | $84,500$45/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $34,000 +23.6% |
| 2024 | -- | $27,500 +26.1% |
| 2023 | -- | $21,800 +47.3% |
| 2022 | -- | $14,800 -21.3% |
| 2021 | -- | $18,800 |
| 2020 | $702 -9.8% | $18,800 +18.2% |
| 2019 | $778 | $15,900 +22.3% |
| 2018 | $778 | $13,000 -0.8% |
| 2017 | -- | $13,100 +101.5% |
| 2016 | $1,158 | $6,500 |
| 2015 | $1,158 +26.9% | $6,500 -28.8% |
| 2013 | $912 -21.2% | $9,124 -30.2% |
| 2010 | $1,158 | $13,073 -12% |
| 2009 | -- | $14,856 -14.5% |
| 2008 | -- | $17,375 |
| 2007 | -- | $17,375 +5.5% |
| 2005 | $111 | $16,469 +3% |
| 2004 | -- | $15,989 |
Find assessor info on the county website
Monthly payment
Est. payment









