Movoto Real Estate
Sold on 06/25/2024
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2539 David St, Melvindale, MI 48122

$201,000

Last sold 06/25/2024 for $176K

  • 4

    bed

  • 2

    bath

  • 1,920

    Sqft ($92/Sqft)

Multi-family not for sale

About 2539 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
Highest & Best Offers Due by 6 pm April 2nd Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs. Adding to the convenience is a shared laundry facility in the basement, Showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in one unit while enjoying the financial benefits generated by the income from the tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Capitalize on the financial benefits this property offers. All measurements are approximate. Have buyers agent verify. Please take off shoes or use shoe coverings. Thank you for showing! Excludes curtains and curtain rods. Contingent on Seller finding home of choice.
Listed by
Listing Agent - Jerry Johnson
Listing Agent Contact: 7343223302
Listing Office - EXP Realty
Source: Realcomp mls logo
MLS#20240016954 • last updated 2 months ago
Movoto checked Realcomp for data 3 minutes ago
Overview
Cooling/AC Central Air
Heating ForcedAir, NaturalGas
Levels/Style Two, Colonial
Status Closed
SubType Multi Family
Living Area 1920
MLS # 20240016954
Lot Size (Acres) 0.09
Property Tax 3213
Interior
Total # of Bathrooms 2
# of Full Baths 2
Laundry Laundry Room
Exterior
Construction Asphalt, Brick, VinylSiding
Foundation Basement, Block
# Parking Spaces 2
Exterior Features Awnings, Balcony, Lighting
Fencing Back Yard
Patio/Porch Covered, Porch
Other Structures Shed(s)
Amenities / Utilities
Pool None
Location
Subdivision PENN PARK SUB
High School District Melvindale Allen Pk
APN 47003020189000
Zoning Multi-Family
Multifamily Details
Lot/ Land Details
Road Frontage Paved
$201K
Range: $148K-$253K
Last 30 days 
Rental est.: $1,050/month
Gross rent multiplier: 14.0
  • Jul 2024
    Public Records
  • Jul 8, 2024 Sold
    $176,000
  • Jun 2024
    mls logo MLS # 20240016954
  • Jun 27, 2024 Sold
    $176,000
  • Apr 4, 2024 Pending
  • Mar 23, 2024 Listed
    $174,900
  • Jun 2024
    mls logo MLS # 20240017667
  • Jun 27, 2024 Sold
    $176,000 (+0.6%)
  • Apr 4, 2024 Pending
  • Mar 23, 2024 Listed
    $174,900
  • Mar 2024
    mls logo MLS # 60295872
  • Mar 23, 2024 Listed
    $174,900
  • Mar 2024
    mls logo MLS # 60295871
  • Mar 23, 2024 Listed
    $174,900
  • Year Property taxes Tax assessment
  • 2023
    $3,246 +3.5%
    $106,300 +71.18%
  • 2022
    $3,136 +3.2%
    $62,100 -9.87%
  • 2021
    $3,039 +0.4%
    $68,900 +25.73%
  • 2020
    $3,028 +7.9%
    $54,800 +22.32%
  • 2019
    $2,807 +4.5%
    $44,800 +1.59%
  • 2017
    $2,685
    $44,100
  • 2539 David St
    $176K
  • 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.

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  • Real Estate
  • MI
  • Wayne County
  • Melvindale
  • 48122
  • 2539 David St
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