$135,000

12875 Steel St Detroit, MI 48227

Grand River-I96 Neighborhood

Estimated payment $793/month

Total Views 614
4 Beds
1.5 Baths
1,590 Sq Ft
$85 Price per Sq Ft

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

Outstanding investment opportunity in Detroit! This solid brick 4-bedroom, 1.1-bath home at 12875 Steel offers immediate cash flow with a reliable Section 8 tenant paying $1,920/month. Spacious layout with generous bedroom sizes, a functional kitchen, and a full basement ideal for storage or future finishing. Well-maintained property with strong rental history. Perfect addition to any growing portfolio or a great start for new investors seeking stable, guaranteed income. Don’t miss this turnkey asset in a high-demand rental area!

Listing Agent

Jessica Anthony

Clyde Realty LLC License #6502404254 Listed on: 12/02/2025

Co-Listing Agent

David Rabior

Clyde Realty LLC License #6501406276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x115

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,590 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • John M Welchs Mayview Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I023057S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,008

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Year Built: 1928
  • State Equalized Value: 15100.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1590

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35X115
  • Parcel Number: W22I023057S

Tax Info

  • Tax Amount Summer: 952.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 1008.0000
  • Taxable Value: 12475.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $959 $15,100 $0 $0
2024 $959 $12,100 $0 $0
2023 $596 $9,405 $0 $0
2022 $240 $0 $0 $0
2021 $120 $0 $0 $0
2020 $620 $5,900 $0 $0
2019 $613 $5,310 $0 $0
2018 $652 $7,000 $0 $0
2017 $887 $8,300 $0 $0
2016 $970 $9,600 $0 $0
2015 $960 $9,600 $0 $0
2013 $1,348 $13,481 $0 $0
2010 -- $19,315 $657 $18,658
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $135,000 -- $85 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Warranty Deed $22,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Quit Claim Deed $600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 New Conventional
Closed $105,000 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20251057681

Realcomp

APN: 22-023057

Michigan Wayne County Detroit 48227 Grand River-I96

12875 Steel St, Detroit, MI

For Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Jessica Anthony
Listing Agent
Jessica Anthony
Section Image
Clyde Realty LLC
(248) 277-0161