$179,000

15436 Steel Street, Detroit, MI 48227

2 baths |
2,054 sqft

Duplex
Built in 1928
4,356sqft lot
—— car garage
$87/sqft
Listed 9 days ago

Property Description

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.

Listing Status:: Active
Date Added:: December 15, 2025 at 06:00AM
Listing Office:: Realtyflo Inc : 313-466-7253
Listing Agent:: Marta Kopania : 734-301-6553
MLS ID:: 60959130

Basement: Block
Heating: Hot Water

General: BrickTwoBasement

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

Zoning: E STEEL 119 SITERLET ESTATE SUB L46 P74 PLATSW C R 22/50 40 X 108

Water: Public Water at Street
Sewer: Public At Street

Source: MiRealSource

This listing courtesy of Marta Kopania, Realtyflo Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

John R. King Academic and Performing Arts Academy

15850 Strathmoor St, Detroit, MI, 48227

Grades PK-8

0.83 miles away

John R. King Academic and Performing Arts Academy

15850 Strathmoor St, Detroit, MI, 48227

Grades PK-8

0.83 miles away

The School at Marygrove

8425 W McNichols Rd, Detroit, MI, 48221

Grades 9-12

1.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.