940 Melrose Street Pontiac, MI ^$ 87,000

940 Melrose Street

^$ 87,000

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Recently Listed

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.****

Single Family Active

Price

^$ 87,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 598

Style

Ranch

Lot Size

0.11

Year Built

1920

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

61040969

Features

Interior

Interior Amenities Furnished

Dining Room Level Entry

Basement Unfinished

Bedroom 1 Level Entry

Bedroom 2 Level Entry

Beds 2

Fireplace? No

Total Rooms 6

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Water Public Water

Appliances Dryer Microwave Refrigerator Washer

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1920

Subdivision Newton Estate MI

Water Heater Gas

Style Ranch

County Oakland

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Pontiac

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area Pontiac (63142)

Primary City Pontiac

Directions 1 BLOCK SOUTH OFF N. PERRY JUST WEST OF MADISON.

City Pontiac

School District Pontiac City School District

Financial Terms Cash Conventional FHA VA

Legal Description T3N R10E SEC 15 NEWTON ESTATE SUB LOT 169

DOM 1

Postal Code 48340

Price Per Sq Ft Total AG 128.32

Public Remarks 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

Exterior

Exterior Aluminum

Exterior Amenities Fenced Yard

Frontage 30

Lot Size Area 0.11

Pool (Y/N) No

Lot Dimensions 40X117.66

OUT BUILDINGS Shed

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Donna Eller

Listing Agent

Kw Domain

Broker

donnaellerkw@gmail.com

Affordability Calculator

$651

Per Month

Monthly Principal & Interest: $601
Monthly Property Taxes: $50
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Single family listings in Pontiac, MI

Average List Price ^$174,307

Percent of Sale Price 100%

About Pontiac, MI

59,088 Population

-11% Since 2002

^$30,516 Median Income

35.44 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759574 Elementary School

759453 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2026	$87,000		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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940 Melrose Street

Single Family Home for sale in Pontiac, MI

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