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Melvindale, MI Multifamily Home for Sale

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    $269,800

    • 3 Baths
    • 1,632 Sq Ft

    1432 Charter St, Lincoln Park, MI 48146

    3 unit multifamily building, great investment opportunity, 100% leased out with long term tenants in place, each unit features bedroom, living room, dining area & bathroom, each unit has separate utility meters, except water which is included in rental price, room for rental increases, do not disturb tenants, all data apx.

    Bill Darwich Century 21 Curran & Oberski

    1432 Charter St, Lincoln Park, MI 48146

Why Live in Melvindale

Melvindale, located in Wayne County, Michigan, is a small city suburb of Detroit with a population of just over 12,500 residents. Known for its welcoming small-town atmosphere and family-friendly amenities, Melvindale is situated 10 miles from downtown Detroit and offers convenient access to Interstate 94, making it easy for commuters to reach nearby areas like Dearborn, Taylor, and Allen Park. The SMARTbus system also serves the city, providing transportation to surrounding suburbs and downtown Detroit. Housing in Melvindale primarily consists of single-story bungalow and ranch-style homes, many featuring well-landscaped yards and front porches. The local dining scene includes popular spots like Sabinas Restaurant, known for its authentic Polish cuisine, and Melvindale Coney Island, offering classic American fare. For shopping, residents can visit the nearby Fairlane Green, located about 2 miles away, which includes stores like TJ MAXX, Target, and Barnes & Noble. Attractions such as the Henry Ford Museum of American Innovation are just under 5 miles away, providing educational and entertainment options. Outdoor activities are plentiful, with De Luca Field offering picnic tables, playscapes, and baseball fields, while Melvindale Skatepark caters to skateboarders. Soccer enthusiasts can enjoy the facilities at Kessey Fieldhouse. Melvindale's public schools offer various athletic programs and college credit opportunities, although they have mixed ratings. The community stays connected through annual events like the Tree Lighting Ceremony, Melvindale Days Festival, and Trunk or Treat Harvest Fest, which draw large crowds and foster a strong sense of community.

Home Price Trends

Median Sale Price
$152,000
Median Single Family Sale Price
$152,000
Median 2 Bedroom Sale Price
$123,900
Median 1 Bedroom Sale Price
$91,950
Average Price Per Sq Ft
$140
Number of Homes for Sale
19
Last 12 months Home Sales
97
Months of Supply
2.40
Median List Price
$159,999
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
1%
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