3845 Edwin ST , Hamtramck, MI 48212
Est. $1,848/mo with current taxes · · See the breakdown
About this home
**Prime Hamtramck Investment Opportunity!** Great opportunity for investors or owner-occupants! This two-unit multifamily property offers approximately 3,400 sq. ft. of above-grade space, with the potential to live in one unit while generating rental income from the other. Conveniently located just off Conant Street, within walking distance of grocery stores, schools, medical offices, restaurants, shopping, and public transportation. A great opportunity to add to your investment portfolio or explore owner-occupied living with income potential. Schedule your showing today!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 49.94 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $244,999 |
| Beds | 4 |
| Baths | 2 full |
| Square feet | 3,400 |
| Type | Single family residence |
| Subdivision | SHIPMAN |
| County | Wayne |
| MLS # | 20261085713 |
| Listed | 2026-10-22 |
| Days on market | 11 |
| Year built | 1930 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Brick & mortar |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 41008020046304 |
| Listing office | Express Home Realty LLC |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $37,507 | about $122,500 |
| Yearly property tax | $1,842 | about $6,118 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $4,276 a year more than this seller pays. The assessor's state equalized value (SEV) is $129,900. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Hamtramck's 2025 homestead rate of 49.94 mills and assumes you claim the homestead exemption. See Hamtramck's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.