15436 STEEL Street Detroit, MI ^$ 172,500

15436 STEEL Street

^$ 172,500

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15436 STEEL Street

Detroit, MI, 48227

^$ 172,500

Studio Baths2.0 Sq 2,054

Monthly Estimate*

^$ 1,062

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Studio

Multi-Family Home for sale in Detroit, MI

for $172,500 with 2 full baths. This 2,054 square foot home was built in 1928 on a lot size of 0.1.

WELCOME TO 15435 STEEL STREET, LOCATED ON A 4,250 SQUARE FOOT LOT IN A QUIET, OWNER-OCCUPIED NEIGHBORHOOD. THIS IMPRESSIVE DUPLEX FEATURES TWO SPACIOUS TWO-BEDROOM UNITS. THE UPPER UNIT HAS BEEN FULLY RENOVATED WITH A BRAND-NEW KITCHEN, UPDATED FLOORING AND CARPET, A MODERNIZED BATHROOM, AND NEW LIGHTING THROUGHOUT. THE PROPERTY GENERATES $2,107 IN MONTHLY RENTAL INCOME, WITH ONE UNIT NEWLY LEASED TO A SECTION 8 TENANT AT $1,157 PER MONTH AND THE SECOND OCCUPIED BY A LONG-TERM CASH-PAYING TENANT AT $950, IN PLACE FOR OVER 10 YEARS WITH A STRONG PAYMENT HISTORY. TENANT PAY ALL UTILITIES OTHER THAN WATER BRINGING THE ROI TO 14%. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER.

Multi-Family Active

Price

^$ 172,500

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,694

Style

Lot Size

0.1

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60959130

Features

General

Heating Hot Water

Possession At Close

Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1928

Subdivision SITERLET ESTATE SUB MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 25284

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Steal & Sheafer

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E STEEL 119 SITERLET ESTATE SUB L46 P74 PLATS W C R 22/50 40 X 108

DOM 45

Postal Code 48227

Price Per Sq Ft Total AG 83.98

Public Remarks WELCOME TO 15435 STEEL STREET LOCATED ON A 4 250 SQUARE FOOT LOT IN A QUIET

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.1

Lot Dimensions 40.00 x 108.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Marta Kopania

Listing Agent

Realtyflo Inc

Broker

kopaniamarta@gmail.com

Affordability Calculator

$1,370

Per Month

Monthly Principal & Interest: $1,062
Monthly Property Taxes: $308
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$245,199

Percent of Sale Price 42%

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
1/26/2026	$172,500	-1.43%	Price Down
1/19/2026	$175,000	-1.13%	Price Down
1/3/2026	$177,000	-0.56%	Price Down
12/28/2025	$178,000	-0.56%	Price Down
12/22/2025	$179,000	-0.56%	Price Down
12/15/2025	$180,000		Listed Price

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15436 STEEL Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $172,500 with 2,054 sqft and a lot size of 0.1. 15436 STEEL Street is a studio with 2.0 baths and was built in 1928. 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 6.25% 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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15436 STEEL Street

Multi-Family Home for sale in Detroit, MI

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