Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Hamtramck, MI
Rental Income
Listed for sale 3 days ago
$ 290,000
ROI
20.7
Cash Flow/m
74- 4 Bed
- 2 Bath
- 2448 sft
11428 Lumpkin St, Hamtramck, MI, 48212
$ 260,000
ROI
20.5Cash Flow/m
51- - Bed
- 2 Bath
- 1764 sft
3219 Hanley St, Hamtramck, MI, 48212
Currently Rented
$ 160,000
ROI
30.3Cash Flow/m
468- 4 Bed
- 2 Bath
- 1600 sft
13512 Gable St, Hamtramck, MI, 48212
$ 210,000
ROI
24.8Cash Flow/m
295- 4 Bed
- 2 Bath
- 1955 sft
11727 Dyar St, Hamtramck, MI, 48212
Why Invest in Hamtramck, Michigan?
Investing in multi-family properties in Hamtramck, MI offers access to a vibrant community within Detroit's metropolitan area. The average ROI of 7.3% and a rental yield near 8.5% make it attractive for income-focused investors. Cap rates hover around 6.8%, supporting steady cash flow with an average monthly rent of $900. An appreciation rate of approximately 3% indicates stable market growth. Additionally, renter occupancy remains high at 95%, underscoring demand in this niche market.
7.3%
Avg. ROI
8.5%
Rental Yield
6.8%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multi-family properties in Hamtramck is approximately 8.5%, reflecting strong rental demand in the area.
Find Your Perfect Investment Property in Hamtramck, Michigan
Explore investment opportunities by strategy, performance, or property type
