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Brick Quadplex With Garage
For Sale
$197,900

12824 Steel Street, Detroit, MI 48227

Multi Family, Detroit, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market58

Property Features for 12824 Steel Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 4
Rooms Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 4, Basement, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 8, Bathroom 5
Parking 4
Parking features Driveway
Basement Full
Lot features Sidewalk
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Standard status Active
APN 22022190.
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E STEEL 91 JOHN M WELCHS MAYVIEW SUB L32 P59 PLATS, W C R 22/67 23.1 IRREG
Tax Annual Amount 3931
Legal Description E STEEL 91 JOHN M WELCHS MAYVIEW SUB L32 P59 PLATS, W C R 22/67 23.1 IRREG

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1927
Number of units 4
Building materials Brick
Roof type Composition
Listing Agency: Investor's Prop Mgmt Detroit
Listed By: Alana Paap
Added: Jul 31 Changed: Sep 16 Last Checked: Sep 26 at 5:06PM
MLS# 26039977

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.

Investment Insights

Based on property information with market context.

This Detroit quadplex contains four residential units, each configured with two bedrooms and one bathroom. The property includes a 4 car garage, brick construction, forced-air heating, a composition roof, and a basement. One unit is currently tenant occupied.

The property sits on 0.15 acres at 12824 Steel Street in Detroit, MI 48227. Site infrastructure includes public sewer, natural gas availability, and driveway parking. Built in 1927, the building provides a defined four-unit configuration with an existing occupied unit and garage storage or parking capacity.

Key Highlights

  • Four‑unit multifamily property with two bedrooms and one bathroom per unit
  • 4 car garage included
  • One unit currently tenant occupied

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
25%
Occupancy

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 48227, MI

40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer a consistent two-bedroom, one-bath layout, with one unit currently occupied.
Where is this quadplex located?
The property is located at 12824 Steel Street Detroit, MI.
What is the asking price?
The asking price for this property is $197,900.
What are key features of this property?
This property features: Four‑unit multifamily property with two bedrooms and one bathroom per unit; 4 car garage included; One unit currently tenant occupied
More about this property
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