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18666 Reed Street Melvindale, MI $ 179,000
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18666 Reed Street
$ 179,000
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18666 Reed Street

Melvindale, MI, 48122
$ 179,000
Baths2.0 Sq 1,324

Monthly Estimate*

$ 1,102

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Studio

Multi-Family Home for sale in Melvindale, MI

for $179,000 with 2 full baths. This 1,324 square foot home was built in 1923 on a lot size of 0.1.

2 Unit income property in fantastic residential Melvindale neighborhood. A great investment opportunity w/ options to rent both units OR live on site & collect rental income OR convert to single home w/ convenient guest suite. Lower unit: 2-bedrooms, office/ sunroom, full bath, large kitchen, dining room and living room. Lower unit has attractive private entry via covered front porch. Upper unit: 2 bedrooms with large walk-in closets, living room, kitchen, full bathroom. Upper unit has separate entrance at back of property with access to rooftop and outdoor space. Fenced backyard-2-car garage with driveway- ample street parking w/ corner lot. Common laundry area and storage in basement shared by both units. Property has been leased prior to sale with proven rental income. Property sold AS IS. See City Inspection in MLS Docs. Interior could benefit from TLC; Higher estimated rental income w/ future updates.

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Multi-Family Active

Price

$ 179,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,542

Style

Duplex

Lot Size

0.1

Year Built

1923

Town/City

Melvindale

County/Region

Wayne

MLS | Web ID

20261003746
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Enclosed Porch
Architectural Style Duplex
Pool Features None
Construction Materials AluminumSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1923
Electric CircuitBreakers
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name OAKBORN-ROUGE SUB
Garage Y/N Y
Full Baths 2
Status Active
Directions Oakwood Blvd Or Outer Dr To Allen Rd To Gough St (East). Home Is On The Corner Of Gough And Reed.
City MelvindaleCity_Wayne
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable ExclusionsDoNotExist TaxesNotHomesteadExempt
Senior Community Y/N N
High School District MelvindaleAllenPk
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05142Melvindale
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 5542.51
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 64195
Expected Active Date 2026-01-19
Legal Description AA120 LOT 120 ALSO WLY 1/2 ADJ VAC ALLEY OAKBORN-ROUGE SUB PC 35 L46 P49 WCR
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Interior
Basement Common Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1324.0
Half Baths 0
Laundry Features CommonArea LaundryRoom
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Exterior Amenities Lighting PrivateEntrance
Fencing BackYard
Parking Features Garage
Water Source Public
Total Parking 2.0
Foundation Details Basement Poured
Spa N
Lot Dimensions 50x100
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 18666
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* Excluded Features
List By
Elizabeth M Cook

Listing Agent

Real Estate One-W Blmfld

Broker

(248) 662-6148

Phone

Affordability Calculator

$1,564
Per Month
70%
30%
0%
Monthly Principal & Interest
$1,102
Monthly Property Taxes
$462
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909712 Elementary School
4909521 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/19/2026$179,000 Listed Price

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18666 Reed Street, Melvindale, MI, 48122 is a Multi-Family Home for sale at $179,000 with 1,324 sqft and a lot size of 0.1. 18666 Reed Street is a studio with 2.0 baths and was built in 1923. The property's zip code is 48122 which is in Melvindale, MI

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