Two-Unit Apartment Building with 3
For Sale
$219,900
Pending
2231 ANDRUS St, Hamtramck, MI 48212
Two 3-bedroom units with tenant-paid separate utilities and open-concept kitchens, offering straightforward day-to-day leasing management.
Days on Market60
Property Features for 2231 ANDRUS St
General Information
Standard status
Pending
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1917
Listing Agency:
Jim Saros Real Estate Services
(313) 924-8384
Listed By:
Spencer Ray · License #6501409153
(313) 924-8384
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 23 at 6:55AM
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 Jim Saros Real Estate Services
Investment Insights
Based on property information with market context.
This well-cared-for 2-unit apartment building features an upper and a lower 3-bedroom layout. Both units include open-concept kitchens, with separate utilities paid by the tenants. The property is presented as a turnkey rental with both units currently occupied.
The building is located in Hamtramck, Michigan. Tours are available by appointment only, and tenants are not to be disturbed.
From a buyer or operator standpoint, the configuration supports flexible in-house living and leasing. The lower unit is currently leased at $1,000 per month and the upper unit at $1,075 per month. One of the leases ends at the end of August, which may create an owner-occupant option for the upcoming term while continuing rental income from the other unit.
The building is located in Hamtramck, Michigan. Tours are available by appointment only, and tenants are not to be disturbed.
From a buyer or operator standpoint, the configuration supports flexible in-house living and leasing. The lower unit is currently leased at $1,000 per month and the upper unit at $1,075 per month. One of the leases ends at the end of August, which may create an owner-occupant option for the upcoming term while continuing rental income from the other unit.
Key Highlights
- 2‑unit apartment building built in 1917 in Hamtramyck
- Both units are 3‑bedroom layouts with open‑concept kitchens
- Tenants pay for separate utilities for upper and lower units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two 3-bedroom units with tenant-paid separate utilities and open-concept kitchens, offering straightforward day-to-day leasing management.
Where is this duplex located?
The property is located at 2231 ANDRUS St Hamtramck, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 2‑unit apartment building built in 1917 in Hamtramyck; Both units are 3‑bedroom layouts with open‑concept kitchens; Tenants pay for separate utilities for upper and lower units
