Multi Family on Detroit's Westside. All this property needs is your vison to bring it back to life. Brick two family flat with tons of potential. ****** Highest and best due by 10/16 at 2pm Eastern Time *****
Property Details
Property Features
Property Information:
Year Built: 1928
Listing Office:
Office Name: Keller Williams Metro
Office Phone: (248) 288-3500
Listing Agent: Lisa Leapheart
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: 10 North Exit 10: Wyoming Ave left on Wyoming right on Fenkell Right on Steel Ave property on the right side of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $15,000
Tax Information:
Annual Amount: $2,242
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$142
Per Month
Principal & Interest
$75
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$111
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Adamsyoung Building
13130 Grove St
Distance between this listing and this school0.82 miles
Public Charter Grades KG-5
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school0.95 miles
Public District Grades PK-5
3
/10
Bagley Elementary School of Journalism and Technology
8100 Curtis St
Distance between this listing and this school1.78 miles
Public District Grades PK-6
Nearby Schools
3
/10
Martin Luther King Jr Education Center Academy
16827 Appoline St
Distance between this listing and this school0.78 miles
Public Charter Grades KG-8
1
/10
John R. King Academic and Performing Arts Academy
15850 Strathmoor St
Distance between this listing and this school0.86 miles
Public District Grades PK-8
1
/10
Mary McLeod Bethune Elementary-Middle School
8145 Puritan St
Distance between this listing and this school1.08 miles
Public Magnet Grades PK-8
Nearby Schools
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school1.17 miles
Public District Grades 9-12
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school1.30 miles
Public Magnet Grades 9-12
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school1.58 miles
The neighbors living near this home have an average income of $42,639. The most common annual income of people living in Detroit, MI is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 15364 Steel St in Detroit, MI and zip code 48227 in the Harmony VIllage neighborhood. This home, which was built in 1928, sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $15,000.
In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.
From Rocket Homes Real Estate and based on county public records data.