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Hamtramck Multifamily Investment Opportunity
For Sale
$270,000

12153 McDougall St, Hamtramck, MI 48212

Multifamily property in prime location with immediate rental income.

Days on Market74

Property Features for 12153 McDougall St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1920
Listing Agency:
Listed By: Fahima Yeasmin
Source: Elliman
Added: May 20 Changed: Jul 10 Last Checked: Jul 31 at 7:42AM

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 Fahima Yeasmin

Investment Insights

Based on property information with market context.

This multi-family property is located in Hamtramck. The first floor features 3 bedrooms and 2 bathrooms. The second floor offers 2 bedrooms and 1 bathroom with updated finishes. The property is currently tenant-occupied, generating $2,000 in monthly rental income, with potential for increased income. The buyer has the option to retain the current tenants or receive the property vacant, depending on the agreed-upon terms. Updates include newer paint, a roof approximately 5 years old, and a furnace that is only a few years old. The property has a spacious layout with basement access and parking available at the rear. It is conveniently located near schools, shopping centers, restaurants, and grocery stores. This property presents an opportunity for homeowners or investors seeking immediate rental income in a Hamtramck location. The property values in Hamtramck are experiencing year-over-year growth. The bike score is 55, making it bikeable. The walk score is 83, indicating it is very walkable, and the transit score is 44, showing some transit options are available.

Key Highlights

  • Tenant‑occupied, generating $2,000 monthly rental income for immediate returns.
  • Prime Hamtramck location boasts an 83 Walk Score, near schools, shopping, restaurants, and grocery stores.
  • Multi‑family property featuring a 3‑bedroom, 2‑bathroom unit and a 2‑bedroom, 1‑bathroom unit.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center Daycare Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby

Demographics for 48212, MI

43,192
Population
14,739
Households
2.9
Avg Household Size
29
Median Age
16%
College-Educated
68%
High-School Grad
5.3 sq mi
ZIP Area
8,149
Density / Sq Mi
$37,293
Median Household Income
$28,894
Median Earnings
$935
Median Rent
$98,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Multifamily property in prime location with immediate rental income.
Where is this duplex located?
The property is located at 12153 McDougall St Hamtramck, MI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Tenant‑occupied, generating $2,000 monthly rental income for immediate returns.; Prime Hamtramck location boasts an 83 Walk Score, near schools, shopping, restaurants, and grocery stores.; Multi‑family property featuring a 3‑bedroom, 2‑bathroom unit and a 2‑bedroom, 1‑bathroom unit.
More about this property
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