For Sale
15005 STEEL Street, Detroit, MI 48227
$189,900
MLS # 20251060734 (Realcomp)
Built 19290.09 acres
1 / 27
Listing Description
***CALLING ALL INVESTORS*** Prime investment opportunity on Detroit's West Side! This solid duplex features two 2-bedroom / 1-bath units, each currently rented for $1,200 per month, delivering immediate cashflow. Both units are tenant-occupied with leases through September 2026, and tenants have expressed interest in staying. Property offers separate furnaces and separate hot water tanks for each unit, with one hot water tank replaced in 2025. Well-maintained and ideally suited for investors seeking steady cash flow. Cap Rate:
Source: SparkMLS
About this home
This 2-bath home built in 1929 sits in Harmony Village in Detroit.
Asking $189,900.
Property tax estimate: $2,182 per year ($182/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 1,200 Mbps from 7 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.09 acres
Year Built1929
Location
CityDetroit
Zip Code48227
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed1/4/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,400
Tax Year2025
State Equalized Value$34,000
Assessed Value$34,000
Parcel #22022942.
Source: Public Records
Legal Description
W STEEL 171 MEYERS GROVE SUB L50 P21 PLATS, W C R 22/145 36 X 107
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gabriella Occhialini
Keller Williams Realty-Great Lakes
Frequently Asked Questions about 15005 STEEL Street, Detroit, MI 48227
Which school district serves 15005 STEEL Street, Detroit, MI 48227?
Per MLS# 20251060734, 15005 STEEL Street, Detroit, MI 48227 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 15005 STEEL Street, Detroit, MI 48227?
Per MLS# 20251060734, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 15005 STEEL Street, Detroit, MI 48227?
Per public tax records, annual property taxes for this property are $2,972. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 15005 STEEL Street, Detroit, MI 48227 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 15005 STEEL Street, Detroit, MI 48227 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 15005 STEEL Street, Detroit, MI 48227. The maximum advertised download speed is 1.2 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 15005 STEEL Street, Detroit, MI 48227?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$2,182
Monthly$182
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$1,414
Principal & interest$1,232
Property taxes$182
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableGSO SatelliteLicensed Fixed WirelessSatelliteDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
15005 STEEL Street, Detroit, MI 48227
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Neighborhood
Harmony Village
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Community
Detroit
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County
Wayne County
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