$179,000
PENDING

18666 Reed St Melvindale, MI 48122

Estimated payment $1,208/month

Total Views 991
4 Beds
2 Baths
1,324 Sq Ft
$135 Price per Sq Ft

Highlights

  • Enclosed Patio or Porch
  • 2 Car Garage
  • Laundry Facilities
  • Forced Air Heating System
  • Private Entrance
  • 2-minute walk to Kiwanis Reading Park

About This Home

2 Unit income property in fantastic residential Melvindale neighborhood. A great investment opportunity w/ options to rent both units OR live on site & collect rental income OR convert to single home w/ convenient guest suite. Lower unit: 2-bedrooms, office/ sunroom, full bath, large kitchen, dining room and living room. Lower unit has attractive private entry via covered front porch. Upper unit: 2 bedrooms with large walk-in closets, living room, kitchen, full bathroom. Upper unit has separate entrance at back of property with access to rooftop and outdoor space. Fenced backyard-2-car garage with driveway- ample street parking w/ corner lot. Common laundry area and storage in basement shared by both units. Property has been leased prior to sale with proven rental income. Property sold AS IS. See City Inspection in MLS Docs. Interior could benefit from TLC; Higher estimated rental income w/ future updates.

Listing Agent

Elizabeth Cook

Real Estate One-W Blmfld License #6501387719 Listed on: 01/19/2026

Real Estate One-W Blmfld

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Private Entrance
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,324 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 47010010120000

Community Details

Overview

  • 2 Units
  • Oakborn Rouge Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 77600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Total Sq Ft: 1324

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Private Entry, Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch - Enclosed, Porch, Enclosed
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 2

Utilities

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

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 50x100
  • Parcel Number: 47010010120000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1786

Tax Info

  • Tax Amount Summer: 3427.0000
  • Tax Amount Winter: 2115.5100
  • Total Tax: 5542.5100
  • Taxable Value: 64195.0000

Multi Family

  • Gross Scheduled Income: 21432.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Melvindale Allen Pk

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,427 $77,600 $0 $0
2024 $3,326 $66,000 $0 $0
2023 $3,363 $59,300 $0 $0
2022 $3,526 $52,600 $0 $0
2021 $3,418 $44,000 $0 $0
2020 $3,398 $41,200 $0 $0
2019 $3,185 $36,700 $0 $0
2018 $2,382 $39,600 $0 $0
2017 $1,449 $36,800 $0 $0
2016 $2,338 $29,600 $0 $0
2015 $2,682 $27,000 $0 $0
2013 $2,610 $27,400 $0 $0
2012 $1,786 $26,800 $3,100 $23,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2026 01/27/26 Pending -- -- --
01/19/2026 01/19/26 For Sale $179,000 0.0% $135 / Sq Ft
12/30/2017 12/30/17 Rented $700 0.0% --
12/21/2017 12/21/17 Under Contract -- -- --
12/04/2017 12/04/17 Price Changed $700 -3.4% $1 / Sq Ft
11/04/2017 11/04/17 For Rent $725 0.0% --
10/18/2017 10/18/17 Under Contract -- -- --
09/25/2017 09/25/17 For Rent $725 0.0% --
09/15/2017 09/15/17 Sold $73,500 0.0% $56 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Off Market $73,500 -- --
07/18/2017 07/18/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $75,000 -- $57 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 --
Warranty Deed $73,500 Michigan Title Ins Agency In
Deed $70,000 --
Source: Public Records

Source: Realcomp

MLS Number: 20261003746

Realcomp

APN: 47-010-01-0120-000

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