12824 Steel Street Detroit, MI ^$ 197,900

12824 Steel Street

^$ 197,900

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12824 Steel Street

Detroit, MI, 48227

^$ 197,900

Studio Baths0.0

Monthly Estimate*

^$ 1,250

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Studio

Multi-Family Home for sale in Detroit, MI

for $197,900. This home was built in 1927 on a lot size of 0.15.

Investment Opportunity in the Pride Area Community of Detroit. This Value-Add 4 Unit Multi-Family includes a 4 car garage. Each unit has 2 bedrooms and one bath. One unit is currently tenant occupied. Lots of potential!

Multi-Family Active

Price

^$ 197,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,931

Style

Lot Size

0.15

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70549643

Features

General

Heating Forced Air

Status Active Active

Year Built 1927

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E STEEL 91 JOHN M WELCHS MAYVIEW SUB L32 P59 PLATS W C R 22/67 23.1 IRREG

DOM 1

Postal Code 48227

Public Remarks Investment Opportunity in the Pride Area Community of Detroit. This Value-Add 4 Unit Multi-Family includes a 4 car garage. Each unit has 2 bedrooms and one bath. One unit is currently tenant occupied.

Exterior

Exterior Brick

Frontage 23

Lot Size Area 0.15

Lot Dimensions 23 X 115 X 90 X 133

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Alana Paap

Listing Agent

Investor's Prop Mgmt Detroit

Broker

alana.kaye.enterprises@gmail.com

Affordability Calculator

$1,577

Per Month

Monthly Principal & Interest: $1,250
Monthly Property Taxes: $328
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$261,676

Percent of Sale Price 32%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/1/2026	$197,900		Listed Price

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12824 Steel Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $197,900 with a lot size of 0.15. 12824 Steel Street is a studio with 0.0 baths and was built in 1927. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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12824 Steel Street

Multi-Family Home for sale in Detroit, MI

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