17951 Prospect Street Melvindale MI 48122 MLS #20261018472

17951 Prospect Street
Melvindale, MI, 48122
$270,000
Beds
6 Baths
3,786 SqFt
0.53 Acres
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MLS #20261018472 image #0
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.

Property Details

Price:
$270,000
MLS #:
20261018472
Status:
Active
Beds:
0
Baths:
6
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ALLEN BLVD HEIGHTS SUB
Neighborhood:
05142melvindale
Listed Date:
Mar 23, 2026
Finished Sq Ft:
3,786
Year Built:
1927
Short SaleColonial05142 – Melvindale05142melvindaleAllen Blvd Heights SubMelvindaleallenpkPets Allowed

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Schools

School District:
MelvindaleAllenPk

Interior

Above Grade Finished Area
2850
Bathrooms
3 Full Bathrooms, 3 Half Bathrooms
Below Grade Finished Area
936
Heating
Baseboard, Hot Water, Natural Gas, Radiant
Levels
Two

Exterior

Architectural Style
Colonial
Construction Materials
Aluminum Siding

Financial

Net Operating Income
$36,600
Taxes
$5,800

Map

Community

Market Summary

Current real estate data for Single Family in Melvindale as of Apr 11, 2026
21
Single Family Listed
51
Avg DOM
140
Avg $ / SqFt
$195,338
Avg List Price

Property Summary

    Located in the ALLEN BLVD HEIGHTS SUB subdivision, 17951 Prospect Street Melvindale MI is a Single Family for sale in Melvindale, MI, 48122. It is listed for $270,000 and features 0 beds, 6 baths, and has approximately 3,786 square feet of living space, and was originally constructed in 1927. The current price per square foot is $71. The average price per square foot for Single Family listings in Melvindale is $140. The average listing price for Single Family in Melvindale is $195,338. To schedule a showing of MLS#20261018472 at 17951 Prospect Street in Melvindale, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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