Solid Brick Bungalow with Existing Rental Income! A great opportunity for investors looking for a property with a lower initial cost of ownership and immediate rental income. This well-maintained brick bungalow is currently tenant occupied with a tenant paying $1,300/month. The home features numerous updates, including newer windows, roof, updated kitchen and bathroom, plus central air. Conveniently located near Renaissance High School, Sinai-Grace Hospital, shopping, dining and major thoroughfares. A solid addition to a rental portfolio with several of the major updates already completed—allowing an investor to focus on cash flow rather than a major upfront renovation. Tenant-occupied. Need an accepted offer before a showing. BATVAI.
For sale
Price cut: $7.1K (9/22)
$112,900
18046 Steel St, Detroit, MI 48235
3beds
909sqft
Single Family Residence
Built in 1938
4,356 Square Feet Lot
$112,000 Zestimate®
$124/sqft
$-- HOA
What's special
- 25 days
- 250
- 20
Zillow last checked:
Listing updated:
Listed by:
Joseph Hammel 248-422-1685,
Keller Williams Somerset 248-649-7200,
Terri Burch 313-444-4217,
Keller Williams Paint Creek
Source: Realcomp II,MLS#: 20261072774
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Second
- Area: 272
- Dimensions: 16 X 17
Bedroom
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Other
- Level: Entry
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 909 sqft
- Finished area above ground: 909
Property
Parking
- Parking features: No Garage
Features
- Levels: One And One Half
- Stories: 1.5
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35 x 120
Details
- Parcel number: W22I022472S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Stone
Condition
- New construction: No
- Year built: 1938
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: MORTENSONS BENJ F MORTENC REST 1
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $49,296
- Annual tax amount: $4,244
- Date on market: 9/11/2026
- Cumulative days on market: 26 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$112,000
$106,000 - $118,000
$1,349/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $112,900-5.9%$124/sqft |
Source:  Realcomp II #20261072774 Report a problem | ||
| 9/16/2026 | Price change | $120,000-4%$132/sqft |
Source: Realcomp II #20261072774 Report a problem | ||
| 9/11/2026 | Listed for sale | $125,000+44.5%$138/sqft |
Source: Realcomp II #20261072774 Report a problem | ||
| 4/30/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/28/2024 | Sold | $86,500-3.9%$95/sqft |
Source: Realcomp II #20240075370 Report a problem | ||
| 10/14/2024 | Pending sale | $90,000$99/sqft |
Source: Realcomp II #20240075370 Report a problem | ||
| 10/6/2024 | Listed for sale | $90,000+200%$99/sqft |
Source: Realcomp II #20240075370 Report a problem | ||
| 10/21/2013 | Sold | $30,000+400%$33/sqft |
Source: Public Record Report a problem | ||
| 10/27/2008 | Sold | $6,000-93.3%$7/sqft |
Source: Public Record Report a problem | ||
| 6/5/2008 | Sold | $89,649-20%$99/sqft |
Source: Public Record Report a problem | ||
| 10/23/2007 | Sold | $112,000+220%$123/sqft |
Source: Public Record Report a problem | ||
| 4/26/2007 | Sold | $35,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $41,200 +25.6% |
| 2024 | -- | $32,800 +27.1% |
| 2023 | -- | $25,800 +49.1% |
| 2022 | -- | $17,300 +8.8% |
| 2021 | -- | $15,900 |
| 2020 | $1,200 +5.3% | $15,900 +26.2% |
| 2019 | $1,139 | $12,600 +21.2% |
| 2018 | $1,139 | $10,400 -4.6% |
| 2017 | -- | $10,900 -33.1% |
| 2016 | $2,582 | $16,300 |
| 2015 | $2,582 +8% | $16,300 -31.8% |
| 2013 | $2,391 -7.4% | $23,910 -31.8% |
| 2010 | $2,582 | $35,056 -18% |
| 2009 | -- | $42,751 -14% |
| 2008 | -- | $49,711 |
| 2007 | -- | $49,711 +5.5% |
| 2005 | $165 | $47,119 +3% |
| 2004 | -- | $45,747 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Schulze
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