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15005 STEEL Street Detroit, MI $ 189,900
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15005 STEEL Street
$ 189,900
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15005 STEEL Street

Detroit, MI, 48227
$ 189,900
Baths2.0 Sq 1,880

Monthly Estimate*

$ 1,169

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Studio

Multi-Family Home for sale in Detroit, MI

for $189,900 with 2 full baths. This 1,880 square foot home was built in 1929 on a lot size of 0.09.

***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:

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Multi-Family Active

Price

$ 189,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,972

Style

Townhouse

Lot Size

0.09

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251060734
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Townhouse
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1929
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MEYERS GROVE (PLATS)
Garage Y/N N
Full Baths 2
Status Active
Directions First Block From Fenkell Between Fenkell And Chalfonte. Corner Of Chalfonte
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2972.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 34000
Expected Active Date 2026-01-06
Legal Description W STEEL 171 MEYERS GROVE SUB L50 P21 PLATS W C R 22/145 36 X 107
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1880.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Total Parking 0.0
Foundation Details Basement Block
Spa N
Lot Dimensions 36.00 x 107.00
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 15005
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* Excluded Features
List By
Gabriella Occhialini

Listing Agent

Keller Williams Realty-Great Lakes

Broker

(248) 462-3040

Phone

Affordability Calculator

$1,417
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,169
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/6/2026$189,900 Listed Price

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15005 STEEL Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $189,900 with 1,880 sqft and a lot size of 0.09. 15005 STEEL Street is a studio with 2.0 baths and was built in 1929. The property's zip code is 48227 which is in Detroit, MI

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