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!
Sold for $133,000
$133,000
2523 David St, Melvindale, MI 48122
2beds
3,703sqft
Multi Family
Built in 1924
-- sqft lot
$182,700 Zestimate®
$36/sqft
$1,286 Estimated rent
Home value
$182,700
$143,000 - $227,000
$1,286/mo
Zestimate® history
Owner options
List your home for rent
$1,286/mo
Rent Zestimate®
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$1,286/mo
Rent Zestimate®
Refinance and save
$947/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$947/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Michael Olivero 734-322-3302,
EXP Realty
Bought with:
Nicholas M Zeoli, 6501399249
Real Broker LLC
Talaal Chaudhry, 6501422349
Real Broker LLC
Source: Realcomp II,MLS#: 20251047937
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,703 sqft
- Finished area above ground: 3,703
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,920 sqft
- Dimensions: 35 x 105.7
Details
- Parcel number: 47003020191000
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Melvindale
- Subdivision: PENN PARK SUB
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203K
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $133,000-10.7%$36/sqft |
Source:  Realcomp II #20251047937 Report a problem | ||
| 10/29/2025 | Pending sale | $149,000$40/sqft |
Source: Realcomp II #20251047937 Report a problem | ||
| 10/24/2025 | Listed for sale | $149,000$40/sqft |
Source: Realcomp II #20251047937 Report a problem | ||
| 3/12/2015 | Listing removed | $600 |
Source: Fred Report a problem | ||
| 3/9/2015 | Listed for rent | $600 |
Source: Fred Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $70,800 +2.8% |
| 2024 | -- | $68,900 +11% |
| 2023 | -- | $62,100 +13.3% |
| 2022 | -- | $54,800 +22.3% |
| 2021 | -- | $44,800 |
| 2020 | $3,781 +24.4% | $44,800 +1.6% |
| 2019 | $3,040 | $44,100 |
| 2018 | $3,040 | $44,100 -1.6% |
| 2017 | -- | $44,800 +3.9% |
| 2016 | $3,202 | $43,100 +10.5% |
| 2015 | $3,202 -15.1% | $39,000 -1.8% |
| 2013 | $3,770 +17.7% | $39,700 +2.6% |
| 2012 | $3,202 | $38,700 -29.9% |
| 2010 | -- | $55,200 -18.1% |
| 2009 | -- | $67,400 -20.4% |
| 2008 | -- | $84,700 |
| 2007 | -- | $84,700 +17.5% |
| 2003 | -- | $72,100 +81% |
| 2001 | -- | $39,835 +3.2% |
| 2000 | $1,940 | $38,600 |
Find assessor info on the county website
Neighborhood: 48122
Nearby schools
GreatSchools rating
- 5/10Allendale Elementary SchoolGrades: 2-5Distance: 0.7 mi
- 4/10Julian O. Strong Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Melvindale High SchoolGrades: 9-12Distance: 1.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$182,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$182,700
- Michigan
- Wayne County
- Melvindale
- 48122
- 2523 David St
Nearby cities
Nearby zip codes
Other Melvindale Topics
