11344 Lumpkin Street, Hamtramck, MI 48212
MULTI_FAMILY - Other - Hamtramck, MI
- Added:
- Jun 23, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 6 at 2:06 pm
Property Features for 11344 Lumpkin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 41004020241301
- Size
- 2,118 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- LOTS 241 AND 242 FLEMING'S SUB 1/4 SEC 22 10,000 A.T. L.28 P.70 WCR
- Tax Annual Amount
- 1845
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood
- Architectural style
- Other
Listing agent William J Adams License #6501158021 (248) 582-3300
Listing office Adams Realty Services 2310 E 11 Mile Rd, Royal Oak, MI (248) 582-3300
Listing date Jun 23, 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
- Hamtramck income property on a rare double lot with a brick garage.
- Open floor plans and hardwood flooring.
- One updated bath plus built‑ins throughout.
- Newer mechanicals with forced‑air heating and central air for one unit.
- Two covered porches and outdoor space with extensive plantings.
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 | $31.8k | $15.00 |
| − Vacancy | −$2.1k | −$0.98 |
| EGI | $29.7k | $14.03 |
| − OpEx | −$8.9k | −$4.21 |
| NOI | $20.8k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hamtramck
- County
- Wayne
- State
- Michigan
- Longitude
- -83.065968
- Latitude
- 42.398394
