940 Melrose Street Pontiac, MI $ 87,000
940 Melrose Street
$ 87,000
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940 Melrose Street

Pontiac, MI, 48340
$ 87,000
Bedrooms2 Baths1.0 Sq 678

Monthly Estimate*

$ 601

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Single Family Home for sale in Pontiac, MI

for $87,000 with 2 bedrooms and 1 full bath. This 678 square foot home was built in 1920 on a lot size of 0.11.

Investor opportunity in Pontiac! This tenant-occupied 2-bedroom, 1-bath ranch offers an established rental property with potential for future improvements. Features include a functional floor plan, small basement, and fenced backyard. Recent improvements include a new water heater, PEX plumbing installed in 2017, a new sewer line to the exterior in 2018, and new gutters in 2025. Currently rented on a month-to-month basis, with the tenant remaining in place at closing. Property is being sold as-is. Conveniently located near shopping, transportation, and everyday amenities. Minimum 24-hour notice required for all showings. Schedule your appointment today! ****Please contact Marzen Baldonado with any questions or to schedule an appointment.****

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Single Family Active

Price

$ 87,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 598

Style

Ranch

Lot Size

0.11

Year Built

1920

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20261085670

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities AboveGroundUtilities
Possession AtClose
Roof Asphalt
Appliances Dryer ElectricCooktop FreeStandingRefrigerator Microwave Washer
Garage Spaces 0.0
Architectural Style Ranch
Pool Features None
Construction Materials AluminumSiding
Year Built 1920
Levels One
Property Subtype SingleFamilyResidence
County Oakland
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name NEWTON ESTATE
Garage Y/N N
Other Structures Sheds
Total Rooms 5
Full Baths 1
Status Active
Directions 1 BLOCK SOUTH OFF N. PERRY JUST WEST OF MADISON.
City PontiacCity_Oakland
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Pontiac
MLS Area Area02142Pontiac
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 598.0
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 Tenant
Tax Assessed Value 9320
Expected Active Date 2026-10-22
Legal Description T3N R10E SEC 15 NEWTON ESTATE SUB LOT 169
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Interior
Basement Unfinished
Furnished Y/N Furnished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 678.0
Half Baths 0
Laundry Features WasherHookup
Total Bedrooms 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Fencing BackYard
Parking Features NoGarage
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X117.66
Lot Size Acres 0.11
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 1 940
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* Excluded Features
List By
Donna Eller

Listing Agent

Kw Domain

Broker

(248) 765-9901

Phone

Affordability Calculator

$651
Per Month
92%
8%
0%
Monthly Principal & Interest
$601
Monthly Property Taxes
$50
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
848877 Elementary School
847985 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$87,000 Listed Price

Map


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940 Melrose Street, Pontiac, MI, 48340 is a Single Family Home for sale at $87,000 with 678 sqft and a lot size of 0.11. 940 Melrose Street has 2 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 48340 which is in Pontiac, MI