Movoto Real Estate
Sold on 10/06/2025
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18259 Prospect St, Melvindale, MI 48122

$328,000

Last sold 10/06/2025 for $330K

  • 3

    bed

  • 2

    bath

  • 3,243

    Sqft ($102/Sqft)

Multi-family not for sale

About 18259 Prospect St

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
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!
Listed by
Listing Agent - Abe Taleb
Listing Agent Contact: 3132777777
Listing Office - RE/MAX Leading Edge
Source: Realcomp mls logo
MLS#20251033641 • last updated 1 year ago
Movoto checked Realcomp for data 3 minutes ago
Overview
Heating ForcedAir, NaturalGas
Levels/Style Two, Colonial
Status Closed
SubType Multi Family
Living Area 3243
MLS # 20251033641
Lot Size (Acres) 0.17
Property Tax 3912
Interior
Total # of Bathrooms 2
# of Full Baths 2
Exterior
Construction Brick
Foundation Basement, Block
Amenities / Utilities
Pool None
Location
Subdivision ALLEN PARK SUB
High School District Melvindale Allen Pk
APN 47009040158300
Directions Oakwood To Prospect
Zoning Residential
Multifamily Details
Gross Scheduled Income 33600
Net Operating Income 33600
Monthly Rental Income 2500
Lot/ Land Details
Road Frontage Paved
$328K
Range: $285K-$370K
Last 30 days 
Rental est.: $1,004/month
Gross rent multiplier: 27.4
  • Oct 2025
    mls logo MLS # 20251033641
  • Oct 7, 2025 Sold
    $330,000 (-4.3%)
  • Oct 6, 2025 Pending
    —
  • Sep 4, 2025 Listed
    $344,900
  • Oct 2025
    mls logo MLS # 20251033639
  • Oct 6, 2025 Pending
    —
  • Sep 4, 2025 Listed
    $344,900 (+11.3%)
  • Sep 2025
    mls logo MLS # 60933938
  • Sep 4, 2025 Listed
    $344,900
  • Sep 2025
    mls logo MLS # 60933937
  • Sep 4, 2025 Listed
    $344,900
  • Jul 2025
    mls logo MLS # 20251012085
  • Jul 11, 2025 Sold
    $310,000
  • Jun 29, 2025 Pending
    —
  • Jun 26, 2025 Listed
    $299,900 (+1664.1%)
  • Jul 2025
    mls logo MLS # 20251012353
  • Jul 11, 2025 Sold
    $310,000 (+3.4%)
  • Jun 29, 2025 Pending
    —
  • Jun 26, 2025 Listed
    $299,900
  • Jun 2025
    mls logo MLS # 60407176
  • Jun 26, 2025 Listed
    $299,900
  • Jun 2025
    mls logo MLS # 60406931
  • Jun 26, 2025 Listed
    $299,900
  • Feb 2014
    mls logo MLS # 5030032965
  • Feb 10, 2014 Price Change
    $17,000 (-5.6%)
  • Jan 10, 2014 Price Change
    $18,000 (-6.5%)
  • Dec 4, 2013 Listed
    $19,260
  • Year Property taxes Tax assessment
  • 2023
    $3,727 +3.7%
    $114,300 +54.25%
  • 2022
    $3,595 +3.2%
    $74,100 -12.82%
  • 2021
    $3,483 +0.5%
    $85,000 +25.74%
  • 2020
    $3,467 +7.2%
    $67,600 +3.84%
  • 2019
    $3,234 +4.5%
    $65,100 +15.43%
  • 2017
    $3,096
    $56,400
  • 18259 Prospect St
    $330K
  • 05142 - Melvindale
    —
  • 48122
    $165K -2% y/y
  • Melvindale
    $169K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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