12824 Steel Street, Detroit, MI 48227 (MLS# 26039977)


$197,900
12824 Steel Street
Detroit, MI 48227
MLS# 26039977



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Property Description
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!

Details
Location & Property Info
Cross Streets: Steel & Grand River Ave
Property Sub-Type: 2 to 4 Units
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 23 X 115 X 90 X 133
Road Frontage: 23
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Parking Spaces: 4
School District: Detroit
Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Year Built: 1927
Tax Info
Taxable Value: 44229
SEV: 53200
For Tax Year: 2025
Seller's Annual Property Tax: 3931
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None Known
Tax ID #: 22022190.
Remarks & Misc
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. Lots of potential!
Legal: E STEEL 91 JOHN M WELCHS MAYVIEW SUB L32 P59 PLATS, W C R 22/67 23.1 IRREG
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Natural Gas Available: 1
Public Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Driveway
Gravel: 1
Substructure
Full: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit 2
Unit Description: Lower
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit 3
Unit Description: Upper
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit 4
Unit Description: Upper
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Wayne
Street #: 12824
Street Name: Steel
Suffix: Street
State: MI
Zip Code: 48227
Zip (4): 3836
OfficeContract Info
Status: Active
Current Price: $197,900
List Price: $197,900
Listing Date: 2026-07-31
Property Features
Laundry Features: In Basement
Exterior Material: Brick
Roofing: Composition
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Natural Gas Available; Public Sewer
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Gravel
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Sep. Heat System
Unit 2: Sep. Heat System
Unit 3: Sep. Heat System
Unit 4: Sep. Heat System

IDX
Listing Office: Investor's Prop Mgmt Detroit
Listing Agent: Alana Paap
Source MLS Verified

Last Updated: August - 01 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.