For Sale
5116 Harold Street, Hamtramck, MI 48212
$240,000
MLS # 20261052516 (Realcomp)
7 beds3 baths1,272 sqftBuilt 19230.08 acres
1 / 15
Listing Description
Beautifully updated in 2024, this spacious multi-unit property offers a rare opportunity for both investors and owner-occupants! The first floor features 5 bedrooms and 2 bathroom, while the upper attic unit includes 2 bedrooms and 1 full bath—perfect for extended family living or generating additional rental income. Situated in a nice, well-established neighborhood close to schools, shopping, and major roadways. Previously, tenant-occupied with a total rental income of $2,000/month, making it an excellent income-producing property. A versatile home with strong cash flow potential and plenty of space.
Source: SparkMLS
About this home
7-bedroom, 3-bath, 1,272 sq ft home in Davison in Hamtramck built in 1923.
Currently offered at $240,000 (about $189/sq ft).
Annual property taxes run approximately $1,534 ($128/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms7
Bathrooms3
Living Area1,272 sqft
Lot Size0.08 acres
Year Built1923
Stories2
Location
CityHamtramck
Zip Code48212
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/7/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$775
Tax Year2025
State Equalized Value$23,900
Assessed Value$23,900
Parcel #13005607.
Source: Public Records
Legal Description
S HAROLD E 30 FT 190 EXC ALLEY AS OP SHIPMANS L25 P43 PLATS, W C R 13/212 30 X 111
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Akram Aqib
Home Source Realty LLC
Frequently Asked Questions about 5116 Harold Street, Hamtramck, MI 48212
What school district is 5116 Harold Street, Hamtramck, MI 48212 in?
Per MLS# 20261052516, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261052516, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261052516, the most recent reported annual property tax for 5116 Harold Street, Hamtramck, MI 48212 is $3,091. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5116 Harold Street, Hamtramck, MI 48212 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5116 Harold Street, Hamtramck, MI 48212 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,534
Monthly$128
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,684
Principal & interest$1,557
Property taxes$128
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5116 Harold Street, Hamtramck, MI 48212
View full property history →
Neighborhood
Davison
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 5116 Harold Street
We'll notify you when something hits the market in Davison or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.