$330,000
SOLD OCT 6, 2025

18259 Prospect St Melvindale, MI 48122

3 Beds
2 Baths
2,162 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

4% Below List Price

32 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 1-minute walk to Cardinal Park

About This Home

As of October 2025

This 2,162 sq ft duplex on a double lot offers 6 bedrooms and 2 full baths, perfect for investors or owner-occupants looking to live in one unit and rent the other. Each unit is 1,081 sq ft with 3 bedrooms and 1 bath. The lower unit features stainless GE appliances, a custom-tiled bath with a multi-head shower, newer fixtures, hardwood floors, and a private entry to the third bedroom with covered porch, plus access to a beautifully hardscaped backyard, 19x13 covered patio, and perennial garden. The upper unit boasts hardwood floors throughout, updated bath, a kitchen with refrigerator, dishwasher, and hood vent, and private balconies off both the living room and third bedroom. A full drywalled basement with washer/dryer is open to both units and could be easily divided for private laundry. Additional highlights include a 23x23 detached garage with built-in storage, a new roof (2004), chimney reflashing (2014), furnaces (2010), dual A/C units (2022), sprinkler system (2011), and new porches (2001). Certificate of Occupancy is complete and valid for 2 years. With 3-bedroom rentals in the area renting up to $1,700/month, this rare opportunity is truly turn-key—schedule your appointment today because it won’t last!

Last Agent to Sell the Property

Abe Taleb

RE/MAX Leading Edge License #6501391125 Listed on: 09/04/2025

RE/MAX Leading Edge

Last Buyer's Agent

Tim Muflihi

RE/MAX Team 2000 License #6501360292

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x108

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,162 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 47009040158300

Community Details

Overview

  • 2 Units
  • Allen Park Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,912

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 114300.0000
  • Pets Allowed: Call
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 2162

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 70X108
  • Parcel Number: 47009040158300
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 2169.0000
  • Tax Amount Winter: 1743.0000
  • Total Tax: 3912.0000
  • Taxable Value: 50469.0000

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2025
Closed on
Jul 10, 2025
Sold by
Lee Elisabeth K and Lee George
Bought by
Alma Associates Llc
Seller's Agent
Gretchen Hudson
Real Estate One-Trenton
Buyer's Agent
Abe Taleb
RE/MAX Leading Edge
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Views
221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.65%

Purchase Details

Closed on
Jul 23, 2018
Sold by
Zugschwert Ursula
Bought by
Lee George and Lee Elisabeth K

Purchase Details

Closed on
Oct 1, 2001
Sold by
Zugschwert Hermann
Bought by
Lee Elisabeth K
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 First American Title
Warranty Deed $310,000 First American Title
Warranty Deed $64,957 None Available
Deed $63,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 Sold $330,000 -4.3% $153 / Sq Ft
10/06/2025 10/06/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $344,900 +11.3% $160 / Sq Ft
07/10/2025 07/10/25 Sold $310,000 +3.4% $143 / Sq Ft View Prior Sale
06/29/2025 06/29/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $299,900 -- $139 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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 $2,169 $114,300 $0 $0
2024 $2,169 $98,400 $0 $0
2023 $2,065 $85,000 $0 $0
2022 $3,595 $74,100 $0 $0
2021 $3,483 $67,600 $0 $0
2020 $3,467 $65,100 $0 $0
2019 $3,234 $56,400 $0 $0
2018 $2,076 $50,400 $0 $0
2017 $2,121 $45,800 $0 $0
2016 $3,068 $43,300 $0 $0
2015 $3,932 $39,600 $0 $0
2013 $3,840 $39,300 $0 $0
2012 $2,174 $39,700 $5,700 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251033641

Realcomp

APN: 47-009-04-0158-300