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Post Office Building with Two Apartments

1296 Main Street Melvin, MI 48454

Claim this Listing
For Sale
$244,900

MULTI_FAMILY - Melvin, MI

Property size:
1,885 SF
Lot size:
0.55 Acres
Price / SF:
$129.92/SF
Added:
May 6, 2026
Days on Market:
70
Last Refresh:
Jul 14 at 12:06 pm

Property Features for 1296 Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4
Appliances
Dryer, Range/Oven, Refrigerator, Washer, Water Softener - Leased
Standard status
Active
APN
22110000001000
Size
1,885 SF
Lot size
0.55 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
3002

Utilities

Heating system
Oil, Baseboard
Water source
Private

Building Details

Year built
1900
Floors in Building
2
Number of units
3

Listing agent Robert Kean License #6506045064

Listing office Coldwell Banker Professionals 67395 Main St, MI

Listing date May 6, 2026

MLS# 50206646 Listing URL

Copyright © 2026 Multiple Listing Service MiRealSource. 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.

This property includes a lower front commercial unit currently leased to the U.S. Post Office under a five-year lease, with rent noted at $849.75 effective Oct. 1. The building also has two residential apartments: an upper unit leased at $625 and a lower residential unit leased at $700. Both apartments are 2-bedroom units and are described as well maintained, with month-to-month rental arrangements. A common area provides washer-dryer access, and there is an attached garage used for lawn equipment storage, plus a storage shed in the spacious back yard that looks out over farm fields.

Located at 1296 Main Street in Melvin, Michigan, the building sits across from the Melvin “Hogtown” Tavern. The listing notes that the property is one of the original buildings in town, with the owner investing more than $40,000 in improvements since purchase.

For tenants, owners, or investors seeking a small-town mixed-use setup, this configuration offers one established commercial tenant with two residential apartments on independent month-to-month terms. Recent updates called out in the remarks include a new roof for the back apartment and garage, upgrades to the main electric panel, a new well pump and piping, window replacements in the lower apartment, a refrigerator and water heater replacement, tuck-pointing and re-grouting of the post office exterior brickwork, new toilet and commercial-grade flooring for the post office, a new 30-foot commercial flag pole, and installation of a modern “closed system” gas boiler.

Key Highlights

  • Post office building with rentals in the heart of Melvin, including a USPS tenant and two residential 2‑bedroom apartments
  • USPS lower front unit is leased for $849.75 with a five‑year lease starting last Oct 1; USPS has been a tenant since 1930 (94 years continuous service)
  • Residential apartments: upper unit leased at $625 and lower unit leased at $700; both apartments are 2‑bedroom and on month‑to‑month contracts

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

United States Postal ... Money Order Service

Suggested Use

Restaurant Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Mixed-use income property with an active USPS lease and two leased 2-bedroom apartments in Melvin, Michigan.
Where is this triplex located?
The property is located at 1296 Main Street Melvin, MI.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Post office building with rentals in the heart of Melvin, including a USPS tenant and two residential 2‑bedroom apartments; USPS lower front unit is leased for $849.75 with a five‑year lease starting last Oct 1; USPS has been a tenant since 1930 (94 years continuous service); Residential apartments: upper unit leased at $625 and lower unit leased at $700; both apartments are 2‑bedroom and on month‑to‑month contracts
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