Investor opportunity in Pontiac! This tenant-occupied 2-bedroom, 1-bath ranch offers an established rental property with potential for future improvements. Features include a functional floor plan, small basement, and fenced backyard. Recent improvements include a new water heater, PEX plumbing installed in 2017, a new sewer line to the exterior in 2018, and new gutters in 2025. Currently rented on a month-to-month basis, with the tenant remaining in place at closing. Property is being sold as-is. Conveniently located near shopping, transportation, and everyday amenities. Minimum 24-hour notice required for all showings. Schedule your appointment today!
For sale
$87,000
940 Melrose St, Pontiac, MI 48340
2beds
678sqft
Single Family Residence
Built in 1920
4,791 Square Feet Lot
$-- Zestimate®
$128/sqft
$-- HOA
What's special
- --
- on Zillow
- 5
- views
- 0
- saves
Zillow last checked:
Listing updated:
Listed by:
Donna Eller 248-765-9901,
KW Domain 248-590-0800,
Marzen Baldonado 248-797-5205,
KW Domain
Source: Realcomp II,MLS#: 20261085670
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Other
- Level: Entry
- Area: 42
- Dimensions: 7 X 6
Dining room
- Level: Entry
- Area: 90
- Dimensions: 10 X 9
Kitchen
- Level: Entry
- Area: 90
- Dimensions: 10 X 9
Living room
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Electric Cooktop, Free Standing Refrigerator, Microwave, Washer
- Laundry: Washer Hookup
Features
- Basement: Unfinished
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 678 sqft
- Finished area above ground: 678
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevel
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 117.66
Details
- Additional structures: Sheds
- Parcel number: 1415352005
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities
Community & HOA
Community
- Subdivision: NEWTON ESTATE
HOA
- Has HOA: No
Location
- Region: Pontiac
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $9,320
- Annual tax amount: $598
- Date on market: 10/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Listed for sale | $87,000$128/sqft |
Source:  Realcomp II #20261085670 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48340
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