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17951 Prospect Street Melvindale, MI $ 270,000
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17951 Prospect Street
$ 270,000
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17951 Prospect Street

Melvindale, MI, 48122
$ 270,000
Baths3.3 Sq 2,850

Monthly Estimate*

$ 1,662

17951 Prospect Street, Melvindale, MI 48122 - Image 1
17951 Prospect Street, Melvindale, MI 48122 - Image 2
17951 Prospect Street, Melvindale, MI 48122 - Image 3
17951 Prospect Street, Melvindale, MI 48122 - Image 4
17951 Prospect Street, Melvindale, MI 48122 - Image 5
17951 Prospect Street, Melvindale, MI 48122 - Image 6
17951 Prospect Street, Melvindale, MI 48122 - Image 7
17951 Prospect Street, Melvindale, MI 48122 - Image 8
Studio

Multi-Family Home for sale in Melvindale, MI

for $270,000 with 3 full baths, 3 half baths. This 2,850 square foot home was built in 1927 on a lot size of 0.53.

Discover this fully leased 3-unit property in the heart of Melvindale, perfect for savvy investors. This property includes two valuable lots, 191 and 192, providing additional potential for future development or expansion. Recent upgrades include a new boiler and hot water heater, ensuring peace of mind for the new owner. Enjoy the convenience of local shopping and easy access to the expressway. The landlord currently covers all utilities, making this a hassle-free investment opportunity. Please note that showings are only available after an offer is accepted, and we ask that you respect the tenants' privacy and do not approach them. For those looking to enhance their investment, two additional lots are also available for sale at $65,000 each. Don't miss this chance to own a well-located, income-generating property in Melvindale.

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Multi-Family Active

Price

$ 270,000

Bedrooms

Studio

Full Bath

3

Half Bath

3

Property Type

Multi-Family

Taxes

$ 5,800

Style

Colonial

Lot Size

0.53

Year Built

1927

Town/City

Melvindale

County/Region

Wayne

MLS | Web ID

60977980
Features
General
Heating Baseboard Hot Water Radiant
Possession At Close
Water Public Water at Street
Status Active Active
Full Baths 3
Half Baths 3
Bathrooms 6
Year Built 1927
Subdivision Allen Blvd Heights Sub MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 36600
Ownership Private
Municipality Melvindale
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Melvindale (82142)
Primary City Melvindale
Directions East of Allen road to Prospect
City Melvindale
School District Melvindale Northern Allen Park
Financial Terms Cash Conventional
Legal Description W189 LOTS 189 THRU 194 ALSO ELY 1/2 ADJ VAC ALLEY ALLEN BOULEVARD HEIGHTS SUB PC 35 L51 P41 WCR
DOM 1
Postal Code 48122
Price Per Sq Ft Total AG 94.74
Public Remarks Discover this fully leased 3-unit property in the heart of Melvindale perfect for savvy investors. This property includes two valuable lots 191 and 192
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Interior
Basement Poured Finished
Fireplace? No
Total Number of Units 3
Fuel Type Natural Gas
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Exterior
Exterior Aluminum
Lot Size Area 0.53
Lot Dimensions 210x109
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Alia Belbeisi

Listing Agent

Max Broock Realtors

Broker

abelbeisi@hotmail.com

Email

Affordability Calculator

$2,146
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$483
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
1342501 Elementary School
1342504 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/23/2026$270,000 Listed Price

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17951 Prospect Street, Melvindale, MI, 48122 is a Multi-Family Home for sale at $270,000 with 2,850 sqft and a lot size of 0.53. 17951 Prospect Street is a studio with 3.3 baths and was built in 1927. The property's zip code is 48122 which is in Melvindale, MI

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