11311 Steel Street, Detroit, MI 48227

• 3 beds |
• 1 bath |
• 982 sqft

Property Description

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 Status:

Active

Date Added:

May 8, 2026

Data Last Updated:

May 20, 2026 at 9:45PM

Listing Office:

Sonic Realty LLC : 313-484-4696

Listing Agent:

Samar Taha : 313-888-7653

MLS ID:

60991317

Interior

• Basement: Unfinished
• Heating: Natural GasForced Air

Exterior

• Style: Ranch
• Parking: Parking spaces: 1

Construction

• General: Aluminum SidingOneBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: W STEEL 7 CLARE SUB L69 P74 PLATSW C R 22/709 40 X 130.38

Utilities

• Water: Public

Financial

• Source: MiRealSource