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Sold for $176,000
  • $176,000

    2539 David St, Melvindale, MI 48122

    4beds
    1,920sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $206,600 Zestimate®
    $92/sqft
    $2,003 Estimated rent

    Home value

    $206,600

    $188,000 - $225,000

    $2,003/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jerry Johnson 313-909-2990,

    EXP Realty,

    Danielle Johnson 734-626-2239,

    EXP Realty

    Bought with:

    Jerry Johnson, 6501422993

    EXP Realty

    Danielle Johnson, 6501424201

    EXP Realty

    Source: Realcomp II,MLS#: 20240016954MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,920 sqft
    • Finished area above ground: 1,920

    Property

    Parking
    • Total spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Exterior features: Awnings, Balcony, Lighting
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 3,920 sqft
    • Dimensions: 35.00 x 105.70
    Details
    • Additional structures: Sheds
    • Parcel number: 47003020189000
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Asphalt, Brick, Vinyl Siding
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1924
    • Major remodel year: 2000

    Utilities & green energy

    • Electric: Circuit Breakers
    • 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,Va Loan

    Price history

    DateEventPrice
    6/25/2024Sold$176,000+0.6%$92/sqft
    Source: Realcomp II #20240016954 Report a problem
    4/4/2024Pending sale$174,900$91/sqft
    Source: Realcomp II #20240016954 Report a problem
    3/28/2024Listed for sale$174,900$91/sqft
    Source: Realcomp II #20240017667 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $70,800 +2.8%
    2024-- $68,900 +11%
    2023-- $62,100 +13.3%
    2022-- $54,800 +22.3%
    2021-- $44,800
    2020$3,028 +12.8%$44,800 +1.6%
    2019$2,685 $44,100
    2018$2,685 $44,100 -1.6%
    2017-- $44,800 +3.9%
    2016$1,611 $43,100 +10.5%
    2015$1,611 -57.3%$39,000 -1.8%
    2013$3,770 +134%$39,700 +2.6%
    2012$1,611 $38,700 -29.9%
    2010-- $55,200 -18.1%
    2009-- $67,400 -20.4%
    2008-- $84,700
    2007-- $84,700 +10.6%
    2003-- $76,600 +113.3%
    2001$1,855 +6%$35,909 +3.2%
    2000$1,749 $34,796

    Find assessor info on the county website

    Neighborhood: 48122

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $206,600
    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
    $206,600