1296 Main St Melvin, MI 48454
Estimated payment $1,602/month
About This Home
If owning a post office building with rentals is your dream, here it is!!! This unique property is in the heart of Melvin. Own your own post office building with newly negotiated lease. The lower front unit, which currently is leased to the US Post office for $849.75 last Oct 1 with a five year lease. USPS has been a tenant since 1930....94 years of continuous service! In addition, There are two residential apartments, an upper leased at $625 and lower unit at $700. Both are leased below current market rates due to long term tenants. Apartments are on a month to month contract. Both apartments are 2 bedroom and in well maintained condition. There is a common area that has washer-dryer. Attached garage stores the lawn implements that go with sale. There is a nice storage shed in the spacious back yard that overlooks farm fields. The current owner has put in over 40k in improvements since purchase. Just in the last three years including: New roof for back apartment and Garage, Upgraded/Modernized Main Electric Panel, Installed new Well pump and piping, Installed new double windows in lower apartment unit, New Refrigerator in upstairs apartment, Tuck Pointing - Re-Grouting brickwork of Post Office exterior, Installed New 50 gal Water Heater, New toilet & new commercial grade flooring for Post Office, Installed new 30 foot Commercial Flag Pole, Installed new Modern "Closed System" Gas Boiler unit. See photo gallery for list of improvements. This building has been well maintained and is one of the original buildings in town. It is located across from the Melvin "hogtown" Tavern. Great opportunity for the investor in a small town community.
Listing Agent
Coldwell Banker Professionals License #MISPE-6506045064 Listed on: 05/06/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1900
Lot Details
- 23,958 Sq Ft Lot
Parking
- 1.5 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Crawl Space
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Baseboard Heating
- Boiler Heating System
- Separate Meters
- Well
- Water Softener Leased
- Septic Tank
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 22110000001000
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,097 | $75,800 | $0 | $0 |
| 2024 | $1,065 | $75,900 | $0 | $0 |
| 2023 | $1,014 | $63,200 | $0 | $0 |
| 2022 | $2,870 | $56,100 | $0 | $0 |
| 2021 | $1,225 | $34,400 | $0 | $0 |
| 2020 | $1,212 | $23,500 | $0 | $0 |
| 2019 | $709 | $25,900 | $0 | $0 |
| 2018 | $1,538 | $30,000 | $0 | $0 |
| 2017 | $505 | $29,300 | $0 | $0 |
| 2016 | $505 | $29,300 | $0 | $0 |
| 2015 | -- | $29,300 | $0 | $0 |
| 2014 | -- | $36,900 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2026 05/06/26 | For Sale | $244,900 | +89.8% | $130 / Sq Ft | |
| 08/05/2021 08/05/21 | Sold | $129,000 | -0.7% | $68 / Sq Ft | View Prior Sale |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- | |
| 07/22/2021 07/22/21 | For Sale | $129,900 | -- | $69 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $111,500 | -- | |
| Deed | -- | -- | |
| Deed | $57,500 | -- |
Source: Michigan Multiple Listing Service
MLS Number: 50206646
APN: 221-100-000-010-00
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Ask me questions while you tour the home.