About This Home

This 8-bedroom, 5-bathroom residential multi family at 12824 Steel Street in Detroit, MI is listed for $197,900. Built in 1927, on a 0.15 acres lot.

Key Features

  • Built in 1927
  • 0.15 acre lot
  • 4 parking spaces

Property Details

4 full
4 spaces
1927
Listing 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!

Monthly Cost Estimate

$1,058/mo

20% down · 6.5% · 30 years

Principal$143
Interest$858
Insurance$58

Estimates only. Actual payments may vary.

Location

12824 Steel Street

Detroit, MI 48227

Property Details

Construction

Brick

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 8-bedroom, 5-bathroom residential multi family at 12824 Steel Street is listed at $197,900. The estimated monthly payment is $1,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.15 acre lot, 4 parking spaces.

This property is listed by Alana Paap.

AP

Alana Paap

Agent at Investor's Prop Mgmt Detroit

Listed by Investor's Prop Mgmt Detroit · Broker phone: 313-995-9027 · View on Broker Site

MLS# 26039977· Source: Michigan Regional Information Center, LLC.· 94 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12824 Steel Street, Detroit, MI 48227

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