Just Listed
Address
18046 Steel Street, Detroit, MI
Price
$ 125,000
Property Attributes
  • ID#61029582
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodMortensons Benj F Mortenc Rest 1
  • Zip48235
  • StyleBungalow
  • Year Built1938
  • Taxes$ 4244
  • Price$ 125,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage909
  • Lot Size0.1 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Solid Brick Bungalow with Existing Rental Income! A great opportunity for investors looking for a property with a lower initial cost of ownership and immediate rental income. This well-maintained brick bungalow is currently tenant occupied with a tenant paying $1,300/month. The home features numerous updates, including newer windows, roof, updated kitchen and bathroom, plus central air. Conveniently located near Renaissance High School, Sinai-Grace Hospital, shopping, dining and major thoroughfares. A solid addition to a rental portfolio with several of the major updates already completed--allowing an investor to focus on cash flow rather than a major upfront renovation. Tenant-occupied. Need an accepted offer before a showing. BATVAI.

Price History
9/12/2026 Listed $125,000

General Features

Heating Forced Air
Possession At Close
Water Public Water
Status Active
Full Baths 1
Bathrooms 1
Year Built 1938
Subdivision Mortensons Benj F Mortenc Rest 1
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 2
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions Right off James Couzens freeway between Thatcher and Fenkell.
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional,FHA,VA
Legal Description E STEEL 134 BENJAMIN F MORTENSONS MORTENCREST NO 1 SUB L50 P1 PLATS,W C R 22/287 35 X 120
DOM 1
Postal Code 48235
Price Per Sq Ft Total AG 137.51

Interior Features

Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Entry
Bedroom 2 Width 11
Bedroom 3 Width 10
Bedroom 2 Length 12
Bedroom 3 Length 11
Beds 3
Fireplace? No
Total Rooms 4
Bedroom 1 Length 16
Bedroom 1 Width 17
Below Grade SqFt 903
Above Grade SqFt 909
Basement Y/N Yes
Total SqFt Finished 909

Exterior Features

Exterior Brick
Frontage 35
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 35X120
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48235

Price
AVG $130K
$130K
Taxes
AVG $2,761
$4,244
Year Built
AVG 1943
1938

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