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Tenant-Occupied Duplex
For Sale
$189,900

15005 STEEL Street, Detroit, MI 48227

Two-unit property with individually separated heating and hot-water systems.

Property SizeContact for details
Days on Market8

Property Features for 15005 STEEL Street

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Average Monthly Rent $1,200
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Gabriella Occhialini
Source: Blueowlprop
Added: Sep 7 Changed: Sep 12 Last Checked: Sep 14 at 12:26PM

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 Keller Williams Realty-Great Lakes

Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bath residences, providing a straightforward two-unit configuration for an investor. Each unit has its own furnace and hot water tank, and one of the tanks was replaced in 2025.

Both residences are occupied under leases running through September 2026. The property is located on Steel Street in Detroit’s West Side, with tenants having expressed interest in remaining beyond their current lease terms.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • Both units are currently tenant‑occupied
  • Leases extend through September 2026

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Electrical Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

422
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?
Duplex - Two-unit property with individually separated heating and hot-water systems.
Where is this duplex located?
The property is located at 15005 STEEL Street Detroit, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; Both units are currently tenant‑occupied; Leases extend through September 2026
More about this property
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