11311 Steel Street
Detroit, MI 48227
$115,000
- Bedrooms
- 3
- Bathrooms
- 1
- Finished sq ft
- 982
- Lot
- 0.12 acres
- Year built
- 1946
- Garage
- 1 spaces
- Property type
- Single Family Residence
- County
- Wayne
- MLS #
- 20261032972
About this home
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.
Listing courtesy of Apex Realty Centers · Realcomp · Listing agent: Samar Taha
Listing data is provided through the IDX programs of MichRIC, Realcomp, MiRealSource, Northern Great Lakes MLS, and Greater Lansing REALTORS. Information is deemed reliable but not guaranteed and should be independently verified. Listings held by brokerages other than Bergrand Realty are marked with the listing brokerage's name. Last updated November 8, 2026.