2441 Holbrook Street, Hamtramck, MI 48212
MULTI_FAMILY - Other - Hamtramck, MI
- Added:
- May 26, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 21 at 12:06 pm
Property Features for 2441 Holbrook Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Basement, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
- Pets allowed
- Call
- Exterior features
- Private Entry, Fenced
- Fencing
- Fenced
- Standard status
- Active
- APN
- 41003010111000
- Size
- 3,036 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- LOT 111 WHITNEY'S SUB BLOCK 1 1/4 SEC 39-42 10,000 A.T. L25 P77WCR
- Tax Annual Amount
- 2235
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Leanne Conger (810) 375-2500
Listing office Diamond Realty & Associates, LLC 5495 North St, Dryden, MI (810) 375-2500
Listing date May 26, 2026
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick 4‑unit rental property built in 1914 with Forced Air heating
- Each of the 4 units has a separate entrance (two front, rear, and side entrances)
- Includes a brick two‑car garage and a large front porch
- Basement with multiple washer & dryer hook‑ups plus access leading to the attic
- Public utilities: public water; roof type: asphalt
- One unit is currently occupied on a month‑to‑month lease; other three units are available for viewing
Overview
Located at 2441 Holbrook Street in Hamtramck, Michigan, the property offers convenient access to major freeways and is described as minutes from downtown Detroit.
From an ownership standpoint, the seller notes a projected annual gross income in excess of $50,000 per year. One unit is currently occupied on a month-to-month lease, while the other three units are available for full viewing. The described configuration, along with the large attic area, may be of interest to buyers looking for a rental property with additional space on-site to explore further.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $15.00 |
| − Vacancy | −$3.0k | −$0.98 |
| EGI | $42.6k | $14.03 |
| − OpEx | −$12.8k | −$4.21 |
| NOI | $29.8k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hamtramck
- County
- Wayne
- State
- Michigan
- Longitude
- -83.059368
- Latitude
- 42.392376
