18046 Steel Street
Detroit, Michigan 48235
3
Bed
1
Bath
909Sqft
0.10Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Room Information
Total Rooms: 4Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1938 Building Stories: 1 1/2 Story Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.10 Lot Dimensions: 35X120 Frontage Feet: 35 -
Property Information
SQ ft: 909 Subdivision: Mortensons Benj F Mortenc Rest 1 Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $125,000 -
Listing Information
Possession: At Close Legal Description: E STEEL 134 BENJAMIN F MORTENSONS MORTENCREST NO 1 SUB L50 P1 PLATS, W C R 22/287 35 X 120
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Tax Information
Annual Tax: $4,244 Parcel Number: W22I022472S -
Possession
At Close -
Legal Information
Legal Description: Section: E STEEL 134 BENJAMIN F MORTENSONS MORTENCREST NO 1 SUB L50 P1 PLATS, W C R 22/287 35 X 120
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 17561 Appoline Street, Detroit, MI, 48235 | $229,999 | 3 | 3 | 2,178 | 0.10 Acre |
| 20024 Meyers Road, Detroit, MI, 48235 | $92,500 | 2 | 1 | 844 | 0.08 Acre |
| 16230 Cheyenne Street, Detroit, MI, 48235 | $130,000 | 3 | 1 | 1,000 | 0.08 Acre |
| 5008 W Outer Drive, Detroit, MI, 48235 | $298,900 | 4 | 4 | 3,300 | 0.13 Acre |
| 19350 Littlefield Street, Detroit, MI, 48235 | $275,000 | 4 | 3 | 1,952 | 0.13 Acre |
| 18446 Hartwell Street, Detroit, MI, 48235 | $189,999 | 3 | 2 | 1,334 | 0.10 Acre |
| 18475 Hartwell Street, Detroit, MI, 48235 | $150,000 | 3 | 2 | 1,536 | 0.10 Acre |
| 16207 Lesure Street, Detroit, MI, 48235 | $125,000 | 3 | 1 | 950 | 0.09 Acre |
| 16193 Cruse Street , Detroit, MI, 48235 | $174,900 | 3 | 1.5 | 1,226 | 0.11 Acre |
| 20426 Tracey Street, Detroit, MI, 48235 | $89,900 | 3 | 2 | 1,522 | 0.12 Acre |
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ByOwner last updated this listing 09/12/2026 @ 11:44
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