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    Three-Unit Multifamily Residence Title is generated by Realmo AI

    11418 Sobieski St, Hamtramck, MI 48212

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    New
    For Sale
    $329,900

    Brick three-unit home with a full basement, offering flexible layouts and added storage for income or owner-occupant use.

    Type:Investment
    Property size:
    2,390 SF
    Price / SF:
    $138/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 3:38 am

    Property Features for 11418 Sobieski St

    General Information

    Standard status
    Active
    Size
    2,390 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1920

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    Ahmed Zamzam
    Ahmed Zamzam

    Listing office eXp Realty

    Listing date Jun 25, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

    HighLights

    • Three‑unit brick residence in Hamtramck with approx. 2,390 SF total living area
    • Full basement adds storage and utility space
    • Year built 1920
    • New roof to be installed prior to closing
    • Property positioned near restaurants, shopping, parks, schools, and major roadways

    Overview

    This three-unit multifamily residence offers approximately 2,390 square feet of living area and a durable brick exterior. The property includes a full basement that adds storage and utility space, supporting day-to-day operations and tenant needs. Its functional layout is designed to provide flexibility across all three units, making it well suited for continued residential rental use.

    Located in the heart of Hamtramck, the building is positioned near local restaurants, shopping, parks, schools, and major roadways. The surrounding area provides convenient access to daily necessities, entertainment options, and employment centers within the broader Hamtramck and neighboring Detroit communities.

    Recent improvements include a brand-new roof to be installed prior to closing and a professional cleaning, helping the next owner take possession with major exterior maintenance addressed. With three separate units and additional basement space, the property may fit buyers looking for a substantial residential income asset with a layout that can support consistent occupancy and practical tenant management.

    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 $35.9k $15.00
    − Vacancy −$2.3k −$0.98
    EGI $33.5k $14.03
    − OpEx −$10.1k −$4.21
    NOI $23.5k $9.82
    2,390 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $335.2K
    $293.3K – $391.1K (±1% cap)
    NOI $23,464 @ 7.0% cap · market cap 7.11%
    Second Best
    Apartment 5plus
    $307.8K
    $269.3K – $359.1K (±1% cap)
    NOI $21,546 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    Specialty Retail
    $442.5K
    $387.2K – $516.2K (±1% cap)
    NOI $30,974 @ 7.0% cap · market cap 9.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamtramck
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0561758
    Latitude
    42.4030729

    FAQs

    What type of property is this?
    Triplex - Brick three-unit home with a full basement, offering flexible layouts and added storage for income or owner-occupant use.
    Where is this triplex located?
    The property is located at 11418 Sobieski St Hamtramck, MI.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: Three‑unit brick residence in Hamtramck with approx. 2,390 SF total living area; Full basement adds storage and utility space; Year built 1920
    More about this property
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