$244,900

1296 Main St Melvin, MI 48454

Estimated payment $1,602/month

Total Views 6,092
4 Beds
2.5 Baths
1,885 Sq Ft
$130 Price per Sq Ft

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

Bob Kean

Coldwell Banker Professionals License #MISPE-6506045064 Listed on: 05/06/2026

Coldwell Banker Professionals

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1900

Lot Details

0.55 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3002
  • Total Tax Year: 2023
  • Year Built: 1900
  • Mail City: Melvin
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer, Water Softener - Leased
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Source of Sq Ft: Estimated
  • Half Bathrooms: 1

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Foundation Type: Crawl, Slab
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1.5

Utilities

  • Water: Private Well
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 22110000001000
  • Location: Main Street
  • Lot Dimensions: IRR
  • Acreage: 0.55
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,014.00
  • Winter Tax: Year: 2023, Amount: $1,988.00
  • Total Tax: Year: 2023, Amount: $3,002.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Brown City Comm School District

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Source: Public Records

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
Source: Michigan Multiple Listing Service

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: Public Records

Source: Michigan Multiple Listing Service

MLS Number: 50206646

Michigan Multiple Listing Service

APN: 221-100-000-010-00

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