Amazing opportunity to own this solid brick 2-story duplex. Upper/lower units each have 2 bedrooms and one bath. Brand new appliances included. Both units are vacant and turn key for tenant with brand new appliances. Units have been tastefully updated with new flooring, paint, kitchens & baths. Tenants will enjoy the spacious yard. Potential to be an excellent income producing property. Or live in one unit while the other unit makes your mortgage payment.
The median home value in Melvindale, MI is $113,300. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Melvindale, MI is $113,300. Approximately 54.16% of Melvindale homes are owned, compared to 38.3% rented, while 7.54% are vacant. Melvindale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melvindale real estate agent to arrange a tour today!
Melvindale, Michigan 48122 has a population of 12,534. Melvindale 48122 is more family-centric than the surrounding county with 33.92% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Melvindale, Michigan 48122 is $36,700. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Melvindale 48122 is 35.5 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 34.4 inches per year, with 34.3 inches of snow per year.