Movoto Real Estate
Sold on 11/10/2025
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2523 David St, Melvindale, MI 48122

$133,000

Last sold 11/10/2025 after 19 Days

  • 2

    bed

  • 2

    bath

  • 3,703

    Sqft ($36/Sqft)

Multi-family not for sale

About 2523 David St

Property type Multi-family
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Rental estimate
Property description
Investor 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!
Listed by
Listing Agent - Michael Olivero
Listing Agent Contact: 7343223302
Listing Office - EXP Realty
Source: Realcomp mls logo
MLS#20251047937 • last updated 2 months ago
Movoto checked Realcomp for data 6 minutes ago
Overview
Heating ForcedAir, NaturalGas
Levels/Style Two, Colonial
Status Closed
SubType Multi Family
Living Area 3703
MLS # 20251047937
Lot Size (Acres) 0.09
Property Tax 5119.3
Interior
Total # of Bathrooms 2
# of Full Baths 2
Exterior
Construction Brick, VinylSiding
Foundation Basement, Poured
Amenities / Utilities
Pool None
Location
Subdivision PENN PARK SUB
High School District Melvindale Allen Pk
APN 47003020191000
Directions N Of Outer Dr. W Of 75
Zoning Multi-Family
Multifamily Details
Lot/ Land Details
Road Frontage Paved
$147K
Range: $127K-$166K
Last 30 days 
Rental est.: $1,121/month
Gross rent multiplier: 9.9 - Good
  • Nov 2025
    Public Records
  • Nov 20, 2025 Sold
    $133,000
  • Nov 2025
    mls logo MLS # 20251047937
  • Nov 10, 2025 Sold
    $133,000 (-10.7%)
  • Oct 29, 2025 Pending
  • Oct 22, 2025 Listed
    $149,000
  • Oct 2025
    mls logo MLS # 60947639
  • Oct 22, 2025 Listed
    $149,000
  • Year Property taxes Tax assessment
  • 2023
    $4,074 +3.8%
    $85,100 +37.04%
  • 2022
    $3,924 -6.5%
    $62,100 -9.87%
  • 2021
    $4,195 +11.0%
    $68,900 +25.73%
  • 2020
    $3,781 +6.6%
    $54,800 +22.32%
  • 2019
    $3,545 +16.6%
    $44,800 +1.59%
  • 2017
    $3,040
    $44,100
  • 2523 David St
    $133K
  • 05142 - Melvindale
  • 48122
    $174K +6% y/y
  • Melvindale
    $174K +6% y/y
No chart available
Statistics calculated by Movoto

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N/A
5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 05142 - Melvindale

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