4-Unit Quadplex with Brick
For Sale
$197,900
12824 Steel Street, Detroit, MI 48227
MULTI_FAMILY - Detroit, MI
Property SizeContact for details
Lot Size0.15 Acres
Days on Market12
Property Features for 12824 Steel Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
5
Full bathrooms
4
Rooms
Bedroom 7, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 8, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Basement
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
(313) 995-9027
Listed By:
Alana Paap
(616) 886-6423
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 11 at 11:06AM
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 value-add 4-unit quadplex features brick construction and a basement. Each unit has 2 bedrooms and one bath. One unit is currently tenant occupied. Parking includes a driveway, and the property also has a 4-car garage.
Built in 1927, the home is heated with forced air and has a composition roof. Utilities include natural gas available, and public sewer is available.
The property is configured to support multi-family income potential with consistent unit layouts across the building, while the garage and basement provide additional practical space for residents or operations.
Built in 1927, the home is heated with forced air and has a composition roof. Utilities include natural gas available, and public sewer is available.
The property is configured to support multi-family income potential with consistent unit layouts across the building, while the garage and basement provide additional practical space for residents or operations.
Key Highlights
- 4‑unit quadplex with each unit offering 2 bedrooms and one bath
- One unit is currently tenant occupied
- Brick construction with a composition roof
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Value-add quadplex on a 0.15-acre lot with brick exterior, forced-air heat, and one tenant-occupied unit.
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: 4‑unit quadplex with each unit offering 2 bedrooms and one bath; One unit is currently tenant occupied; Brick construction with a composition roof
