Advertise
    Melvin, MI
    Residential Income

    Melvin, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Yale, MI Brockway, MI Lynn Township, MI Peck, MI Brown City, MI Croswell, MI Imlay City, MI Avoca, MI
    Triplex with Post Office
    Updated: May 6
    Triplex with Post Office

    1296 Main Street, Melvin, MI 48454

    $244,900
    1,885 sqft 0.55 AC lot
    1,885‑square‑foot triplex on 0.55 acres
    Lower front unit leased to the United States Postal Service under a five‑year lease
    USPS has occupied the property continuously since 1930
    Two two‑bedroom apartments leased month to month
    Attached garage, shared laundry area, and backyard storage shed
    View details
    Mixed-Use Building with Apartments
    Updated: May 8
    Mixed-Use Building with Apartments

    1296 Main Street, Melvin, MI 48454

    $244,900
    Front commercial unit leased to the US Post Office under a five‑year lease
    Two 2‑bedroom apartments leased month to month
    1900‑built mixed‑use property with residential and commercial components
    Attached garage and storage shed in the rear yard
    New roof on the rear apartment and garage
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Melvin, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Three-Unit Ranch Property
    Three-Unit Ranch Property

    5469 Parker Road, Fort Gratiot, MI 48059

    $179,000
    1,880 sqft 0.34 AC lot

    Ranch-style triplex with two occupied units and one vacant unit for owner occupancy or leasing flexibility.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    4253 Main St, Brown City, MI 48416

    $150,000
    1,792 sqft

    Commercially zoned property combines a salon space with a two-bedroom apartment and in-unit laundry.

    View details
    Two-Unit Duplex with New Roof
    Two-Unit Duplex with New Roof

    4253 Main Street, Brown City, MI 48416

    $150,000
    1,792 sqft 0.11 AC lot

    Brick two-unit property with a salon and apartment, both occupied by long-term tenants.

    View details
    Doublewide in Indian Trails Park
    Doublewide in Indian Trails Park

    6026 Delaware, Fort Gratiot, MI 48059

    $36,900
    1,512 sqft

    Well-maintained 3BR, 2Bath doublewide in a welcoming community.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Capac, MI
    Residential Land in Capac, MI

    W Park (Lot 8) Street, Capac, MI 48014

    Contact for pricing
    0.38 AC lot

    Vacant land in Capac, MI with utilities available.

    View details
    Land in Whispering Pines Subdivision
    Land in Whispering Pines Subdivision

    White Pine Lane lot: 16, Croswell, MI 48422

    Contact for pricing

    Residential lots available in Croswell, Michigan with underground utilities.

    View details
    Land in Whispering Pines Subdivision
    Land in Whispering Pines Subdivision

    Red Pine Lane lot: 4, Croswell, MI 48422

    Contact for pricing

    Residential land for sale in Croswell, Michigan.

    View details
    Residential Lots in Marlette, MI
    Residential Lots in Marlette, MI

    20 Vacant Lots Concord, Cranbrook & Tulane, Marlette, MI 48453

    $225,000
    5.00 AC lot

    20 residential lots, approximately 5 acres, prime development opportunity.

    View details

    Melvin, MI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Melvin, MI on our real estate platform. These investment opportunities span a total of 1,885 square feet of properties for sale, with an estimated market value of $489,800.

    Sale prices for residential income properties in Melvin, MI average $244,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 1,251
    Population Growth (5Y) +7.1%
    Median Household Income $62,300
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Melvin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48454 $244.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sanilac County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Melvin, MI

    Most Searched ZIP Codes in Melvin, MI

    • 48454
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!