About This Home

This 4-bedroom, 2-bathroom residential multi family at 15005 STEEL Street in Detroit, MI is listed for $189,900 ($101 per sqft). Built in 1929, the home offers 1,880 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1929
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
1929
Listing Description

***CALLING ALL INVESTORS*** Prime investment opportunity on Detroit's West Side! This solid duplex features two 2-bedroom / 1-bath units, each currently rented for $1,200 per month, delivering immediate cashflow. Both units are tenant-occupied with leases through September 2026, and tenants have expressed interest in staying.

Property offers separate furnaces and separate hot water tanks for each unit, with one hot water tank replaced in 2025. Well-maintained and ideally suited for investors seeking steady cash flow. Cap Rate:

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

15005 STEEL Street

Detroit, MI 48227

MEYERS GROVE (PLATS)

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 15005 STEEL Street is listed at $189,900 ($101/sqft). The estimated monthly payment is $1,015 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1929, 0.09 acre lot, 2 stories.

This property is listed by Gabriella Occhialini.

GO

Gabriella Occhialini

Agent at SCS Great Lakes INC

Listed by SCS Great Lakes INC · Broker phone: (586) 541-4000 · View on Broker Site · Broker website

MLS# 20251060734· Source: Realcomp Limited II· 299 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

15005 STEEL Street, Detroit, MI 48227

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