Building Details

Year Built 1929

Buildings 1

Units 2

Listing Agency: ListWithFreedom.com Show Phone

Listed By: Charles Campbell

Source: Erareardonrealty

Added: Jul 24 Changed: Aug 28 Last Checked: Aug 29 at 10:17AM

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Investment Insights

Based on property information with market context.

This multifamily property is located at 6875 Drake St in Hamtramck, Michigan. The building dates to 1929 and is offered for sale as a residential income property.

Key Highlights

• Multifamily property at 6875 Drake St, Hamtramck, MI 48212
• Built in 1929
• Offered for sale

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Pharmacy Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom

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

347

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

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Residential income property with an established 1929 construction date.

Where is this multifamily property located?

The property is located at 6875 Drake Street Hamtramck, MI.

What is the asking price?

The asking price for this property is $30,000.

What are key features of this property?

This property features: Multifamily property at 6875 Drake St, Hamtramck, MI 48212; Built in 1929; Offered for sale