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    Melvindale, MI
    Residential Income

    Melvindale, MI Residential Income Properties for Sale

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    Detroit, MI Lincoln Park, MI Allen Park, MI Dearborn, MI Ecorse, MI River Rouge, MI Dearborn Heights, MI Taylor, MI
    Renovated Duplex with Private Entrances
    Updated: Sep 19
    Renovated Duplex with Private Entrances

    18894 Reed St, Melvindale, MI 48122

    $264,999
    2,096 sqft
    2,096‑square‑foot duplex with two separate units
    Each unit has its own private entrance
    Updated kitchens, bathrooms, and flooring
    Full basement needs flooring to complete
    Two‑car garage provides parking and storage
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Melvindale, 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.

    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    3807 19th Street, Ecorse, MI 48229

    $485,000
    10,744 sqft 0.15 AC lot

    Two-story residential property with a six-unit layout, current occupancy certification, and separately metered electric service.

    View details
    4-Unit Ranch Quadplex
    4-Unit Ranch Quadplex

    2172 Philomene Boulevard, Lincoln Park, MI 48146

    $375,000
    3,040 sqft 0.23 AC lot

    Fully leased multifamily property with on-site laundry, separate utility meters, and shared parking.

    View details
    3-Unit Triplex
    3-Unit Triplex

    3828 19th St, Ecorse, MI 48229

    $185,000

    Two units are occupied, and the third is vacant for potential leasing or owner occupancy.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    1432 Charter Street, Lincoln Park, MI 48146

    $264,800

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

    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 Vacant Lot in Lincoln
    Residential Vacant Lot in Lincoln

    2105 Morris Avenue, Lincoln Park, MI 48146

    Contact for pricing
    0.09 AC lot

    Residential vacant lot in Lincoln Park, build your dream home!

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    26165 W OUTER Drive, Detroit, MI 48217

    $45,000
    0.10 AC lot

    Land bundle ideal for infill housing development.

    View details
    Vacant Lot in Boynton Neighborhood
    Vacant Lot in Boynton Neighborhood

    769 S Liddesdale Street, Detroit, MI 48217

    $30,000
    0.07 AC lot

    Vacant lot in Detroit's Boynton neighborhood, great investment opportunity.

    View details
    Six Residential Lots Package Deal
    Six Residential Lots Package Deal

    HANOVER Street, Dearborn Heights, MI 48125

    $325,000
    0.17 AC lot

    Six residential lots available as a package in Dearborn Heights.

    View details

    Melvindale, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Melvindale, MI on our real estate platform. These investment opportunities span a total of 2,096 square feet of properties for sale, with an estimated market value of $264,999.

    Sale prices for residential investment properties in Melvindale, MI average $264,999 — 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
    Multifamily properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48122 $265K

    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)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Wayne County

    Residential Income

    How Realmo verifies these figures

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