12875 Steel Street, Detroit, Michigan 48227

$120,000

Property Details

MLS#: 20261048341
Bedrooms: 5
Bathrooms: 1.5
Square Feet: 1,590
Price per Sqft: $75
Lot Size: 0.09 acres
Year Built: 1928
Property Type: Residential
Status: Active
Days on Market: 71

Market Analysis

Estimated Value (CMA): $69,960
Area Avg Price/Sqft: $39
This Property: $75/sqft ($36 above area average)
Price Position: +94.0% vs comparable homes
Comparable Properties Analyzed: 4

Description

Great investment opportunity in Detroit's Schoolcraft Southfield neighborhood. This single family home offers a functional layout and strong rental potential, making it a great addition to any investment portfolio. Conveniently located near the Southfield Freeway, I 96, shopping, schools, and parks, the property provides easy access to Downtown Detroit and surrounding communities. The area continues to attract investors due to its affordable price point and steady rental demand. Whether you're looking for your next rental property or a home to renovate and hold, 12875 Steel is an excellent opportunity with plenty of potential.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 12875 Steel Street?

12875 Steel Street is listed at $120,000, or $75 per square foot.

How many bedrooms does 12875 Steel Street have?

This property has 5 bedrooms and 1.5 bathrooms, with 1,590 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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