$115,000

11311 Steel Street – 48227

Detroit, Michigan 48227

Barton-McFarland Neighborhood

3 Beds

1 Baths

982 Sq FT

$117.11 Price per Sq Ft

Highlights

OneCarGarageDetached

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 Agent

Samar Taha

Sonic Realty LLC

Listed on : May 8, 2026

Activity

Days on Market:

Home Details

Home Type

Residential

Est. Annual Taxes

$3,181

Year Built

Built in 1946

Lot Details

0.12 Acre Lot
Lot Dimensions are 40X130.38

Parking

OneCarGarage
Detached

Home Design

Interior Spaces

982 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

3 Bedrooms
1 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48227

Utilities

ForcedAir, NaturalGas
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

Contact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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