Pending

$179,000

18666 Reed St, Melvindale, MI 48122

4beds

1,324sqft

Est.:

Duplex

Built in 1923

-- sqft lot

$178,100 Zestimate^®

$135/sqft

$-- HOA

What's special

Fenced backyardAmple street parkingCorner lotDining roomLarge kitchen

2 Unit income property in fantastic residential Melvindale neighborhood. A great investment opportunity w/ options to rent both units OR live on site & collect rental income OR convert to single home w/ convenient guest suite. Lower unit: 2-bedrooms, office/ sunroom, full bath, large kitchen, dining room and living room. Lower unit has attractive private entry via covered front porch. Upper unit: 2 bedrooms with large walk-in closets, living room, kitchen, full bathroom. Upper unit has separate entrance at back of property with access to rooftop and outdoor space. Fenced backyard-2-car garage with driveway- ample street parking w/ corner lot. Common laundry area and storage in basement shared by both units. Property has been leased prior to sale with proven rental income. Property sold AS IS. See City Inspection in MLS Docs. Interior could benefit from TLC; Higher estimated rental income w/ future updates.

31 days

501

37

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Appliances

Laundry: Common Area, Laundry Room

Features

Basement: Common,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,324 sqft
Finished area above ground: 1,324

Property

Parking

Total spaces: 2
Parking features: Garage
Has garage: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Enclosed, Porch
Exterior features: Lighting, Private Entrance
Pool features: None
Fencing: Back Yard

Lot

Size: 4,356 Square Feet
Dimensions: 50 x 100

Details

Parcel number: 47010010120000
Zoning description: MultiFamily
Special conditions: Agent Owned,Short Sale No

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex

Materials

Aluminum Siding
Foundation: Basement, Poured
Roof: Asphalt

Condition

New construction: No
Year built: 1923

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: OAKBORN-ROUGE SUB

Location

Region: Melvindale

Financial & listing details

Price per square foot: $135/sqft
Tax assessed value: $64,195
Annual tax amount: $5,542
Date on market: 1/19/2026
Cumulative days on market: 32 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

$178,100

$169,000 - $187,000

$1,049/mo

Price history

Date	Event	Price
1/28/2026	Pending sale	$179,000$135/sqft
Source: Realcomp II #20261003746 Report a problem
1/19/2026	Listed for sale	$179,000+15.5%$135/sqft
Source: Realcomp II #20261003746 Report a problem
4/20/2022	Sold	$155,000+110.9%$117/sqft
Source: Public Record Report a problem
12/21/2017	Listing removed	$700$1/sqft
Source: Island Realty Inc #217087348 Report a problem
12/4/2017	Price change	$700-3.4%$1/sqft
Source: Island Realty Inc #217087348 Report a problem
9/27/2017	Listed for rent	$725$1/sqft
Source: Island Realty Inc #217087348 Report a problem
9/12/2017	Sold	$73,500-2%$56/sqft
Source: Public Record Report a problem
7/13/2017	Listed for sale	$75,000+7.1%$57/sqft
Source: Island Realty Inc #217060894 Report a problem
1/29/1998	Sold	$70,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$66,000 +11.3%
2024	--	$59,300 +12.7%
2023	--	$52,600 +19.5%
2022	--	$44,000 +6.8%
2021	--	$41,200
2020	$3,398 +44.1%	$41,200 +12.3%
2019	$2,359	$36,700 -7.3%
2018	$2,359	$39,600 +7.6%
2017	--	$36,800 +24.3%
2016	$1,786	$29,600 +9.6%
2015	$1,786 -31.6%	$27,000 -1.5%
2013	$2,610 +46.2%	$27,400 +2.2%
2012	$1,786	$26,800 -30%
2010	--	$38,300 -17.5%
2009	--	$46,400 -19.6%
2008	--	$57,700 -10.4%
2007	--	$64,400 +12.8%
2003	--	$57,100 +78.7%
2001	$2,231 +5.3%	$31,945 +3.2%
2000	$2,119	$30,955