Multifamily

Melvindale, MI Multifamily Properties for Sale

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Two-Unit Duplex with Updated Interiors
Updated: Apr 22, 2025
Two-Unit Duplex with Updated Interiors

2511 SCHAEFER Road, Melvindale, MI 48122

$189,900
2,000 sqft
2,000‑square‑foot duplex built in 1941
One vacant unit and one tenant‑occupied unit on a month‑to‑month basis
Vacant unit features a new kitchen, refrigerator, updated bathroom, LVP flooring, paint, and repaired windows
Vacant unit includes new electrical wiring, light fixtures, and door hardware
Exterior improvements include new gutters, tree trimming, porch railings, and brickwork repairs
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melvindale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Two-Unit Investment Opportunity
Brick Two-Unit Investment Opportunity

776 WOODMERE St, Detroit, MI 48209

$139,900
0.16 AC lot

Two-unit property with hardwood floors and fenced yard.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

1432 Charter St, Lincoln Park, MI 48146

$264,800

Three residential units with separate utility meters, all currently leased with long-term tenants in place.

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Brick Duplex with Fenced Yard
Brick Duplex with Fenced Yard

776 WOODMERE Street, Detroit, MI 48209

$139,900
1,966 sqft 0.16 AC lot

Two occupied units offer matching layouts with hardwood floors and forced-air heating.

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Multifamily Property with Townhouse Units
Multifamily Property with Townhouse Units

1000 Montie Rd, Lincoln Park, MI 48146

Contact for pricing

The property includes individually heated units, private laundry, and tenant-paid electric, water, and gas service.

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Melvindale, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Melvindale, MI on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $189,900.

Sale prices for multifamily properties in Melvindale, MI average $189,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) +21.0%
Median Household Income $41,356
College Educated 22.2%

Taxes & Financing

Tax Rate (average for all types) 8.73%
Property Tax per SF $86.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

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