Four-Unit Property with
For Sale
$197,900
12824 Steel Street, Detroit, MI 48227
Four residential units offer two bedrooms and one bathroom each, with one unit currently occupied by a tenant.
Property SizeContact for details
Days on Market31
Property Features for 12824 Steel Street
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Residential Income
Occupancy
25%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Year Built
1927
Units
4
Listing Agency:
Investor's Prop Mgmt Detroit
(616) 886-6423
Listed By:
Alana Paap
(616) 886-6423
Source:
Homesforsaleinmich
Added: Jul 31
Changed: Aug 28
Last Checked: Aug 28 at 11:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Investor's Prop Mgmt Detroit
Investment Insights
Based on property information with market context.
This 1927 quadplex contains four residential units, each configured with two bedrooms and one bathroom. The property also includes a four-car garage, adding dedicated vehicle storage to the building’s improvements. One unit is currently tenant occupied.
Located on Steel St in Detroit’s Pride Area community, the property combines a multi-unit residential layout with existing rental occupancy and garage capacity.
Located on Steel St in Detroit’s Pride Area community, the property combines a multi-unit residential layout with existing rental occupancy and garage capacity.
Key Highlights
- Four residential units, each with 2 bedrooms and 1 bathroom
- Four‑car garage included with the property
- One unit is currently tenant occupied
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
25%
Occupancy
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two bedrooms and one bathroom each, with one unit currently occupied by a tenant.
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 residential units, each with 2 bedrooms and 1 bathroom; Four‑car garage included with the property; One unit is currently tenant occupied
