2441 Holbrook Street Hamtramck, MI 48212
MULTI_FAMILY - Other - Hamtramck, MI
- Added:
- May 26, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 2441 Holbrook Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 3, Basement, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 7, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 6
- 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.
Investment Insights
Based on property information with market context.
The building is located at 2441 Holbrook Street in Hamtramck, MI (48212). The listing notes convenient access to major freeways and that downtown Detroit is minutes away.
From an owner-operator or investor perspective, the asset presents four independently accessed units, with three units available for full viewing and one unit currently occupied on a month-to-month lease. The presence of a large basement and sizable attic may support operational flexibility for future reconfiguration, subject to applicable approvals and regulations.
Key Highlights
- 1914 brick 4‑unit rental property with brick two‑car garage
- Each unit has its own separate entrance, including two front entrances plus rear and side entrances
- Convenient public utilities with public water and forced‑air heating; roof is asphalt
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 |
