Christine Champlin
RE/MAX Platinum
(734) 275-2628
160 Total Sales
1 in Melvindale
$170,000 Price
2523 David St Melvindale, MI 48122
Melvindale AreaEstimated Value: $134,000 - $247,000
2
Beds
2
Baths
3,703
Sq Ft
$45/Sq Ft
Est. Value
About This Home
As of November 2025Investor Special – 2523 David St, Melvindale, MI 48122. Attention investors and savvy buyers! This duplex is the perfect opportunity to add to your rental portfolio or begin your next renovation project. Offered as an Investor Special, this property is available for cash, conventional, or FHA 203K financing only. Each unit offers great potential with solid bones and room for improvement — ideal for maximizing long-term value and rental income. Located in a desirable Melvindale neighborhood with strong rental demand, this property provides easy access to major highways, shopping, and local amenities. Important Showing Information: A licensed REALTOR® must accompany all potential buyers. A Hold Harmless form must be submitted to the listing agent prior to entering the property — no exceptions. Don’t miss your chance to turn this investment opportunity into profit. Schedule your showing today!
Last Agent to Sell the Property
Real Estate One-Monroe License #6501445087 Listed on: 10/24/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 35x105.7
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Poured Concrete
- Vinyl Construction Material
Interior Spaces
- 2 Full Bathrooms
- 3,703 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 47003020191000
Community Details
Overview
- 2 Units
- Penn Park Sub Subdivision
Pet Policy
- Pets Allowed
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2025
Closed on
Nov 10, 2025
Sold by
Bought by
Seller's Agent
Michael Olivero
Real Estate One-Monroe
List Price
$149,000
Sold Price
$133,000
Premium/Discount to List
-$16,000
-10.74%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,891
Avg. Annual Appreciation
35.34%
Purchase Details
Closed on
Nov 16, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melvindale, MI
-
Christine Champlin
-
Penny Tarwacki
Penny Tarwacki
Real Estate One Southgate
(313) 474-6843
75 Total Sales
3 in Melvindale
$88K - $150K Price Range
-
Hassan Scheib
Hassan Scheib
Own It Realty
(313) 646-7363
393 Total Sales
5 in Melvindale
$75K - $190K Price Range
-
Shannon Hall
Shannon Hall
Real Estate One-Plymouth
(947) 282-9573
175 Total Sales
1 in Melvindale
$174,900 Price
-
Ali Shariff
Ali Shariff
Real Estate One-Dbn Hts/Dbn
(313) 788-1781
137 Total Sales
14 in Melvindale
$110K - $370K Price Range
-
Lisa Sobell
Lisa Sobell
Real Estate One-Southgate
(734) 530-3051
113 Total Sales
1 in Melvindale
$150,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $133,000 | True Title Agency | ||
| $10,500 | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $94,091 |
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 |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $133,000 | -10.7% | $36 / Sq Ft |
| 10/29/2025 10/29/25 | Pending | -- | -- | -- |
| 10/24/2025 10/24/25 | For Sale | $149,000 | -- | $40 / Sq Ft |
Source: Realcomp
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 | $3,339 | $85,100 | $0 | $0 |
| 2024 | $2,567 | $70,800 | $0 | $0 |
| 2023 | $2,441 | $68,900 | $0 | $0 |
| 2022 | $3,924 | $62,100 | $0 | $0 |
| 2021 | $4,195 | $54,800 | $0 | $0 |
| 2020 | $3,781 | $44,800 | $0 | $0 |
| 2019 | $3,545 | $44,100 | $0 | $0 |
| 2018 | $2,038 | $44,100 | $0 | $0 |
| 2017 | $2,083 | $44,800 | $0 | $0 |
| 2016 | $3,013 | $43,100 | $0 | $0 |
| 2015 | $3,861 | $39,000 | $0 | $0 |
| 2013 | $3,770 | $39,700 | $0 | $0 |
| 2012 | $3,202 | $38,700 | $2,500 | $36,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Olivero
Seller's Agent in 2025
Michael Olivero
Real Estate One-Monroe
(734) 250-1254
73 Total Sales
Map
Source: Realcomp
MLS Number: 20251047937
APN: 47-003-02-0191-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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