Sold
Last Sold Price
1,324 sqft
18666 Reed Street, Melvindale, MI 48122
Multi FamilyProperty Type
0.1 acresLot Size
1923Year Built
$136/sq ftPrice per sq ft

Description

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...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.
Listing closed: 03/09/2026 12:00 AM • Source: MiRealSource, MLS#: 60964610

Location

Listing Courtesy of Real Estate One-W Blmfld

Sold By LPS

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$1,389 per month

30 year fixed, 6.71% Interest

Principal and Interest

$928

Property Taxes

$462

HOA Dues

$0

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Property Information for 18666 Reed Street

Property Details
  • Taxes: $5,543 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Architectural Style: 2 Story
  • Subdivision Name: Oakborn-Rouge Sub
  • Has Waterfront: No
  • Zoning Description: Multi-Family
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1923
  • Lot Size: 0.10 AC / 4,356 SF
Summary
Location and General Information
  • Cross Street: S of Oakwood Blvd. / E of
  • Directions: Oakwood Blvd Or Outer Dr To Allen Rd To Gough St (East). Home Is On The Corner Of Gough And Reed.
  • Latitude: 42.279512
  • Longitude: -83.187119
  • MLS Area Major: Melvindale (82142)
  • Senior Community: No
Taxes and HOA
  • Parcel Number: 47010010120000
  • Tax Annual Amount: $5,542.51
  • Tax Assessed Value: 64195
School Information
  • High School District: Melvindale Allen Pk
Parking
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Garage
  • Parking Total: 2.0
Property
Lot Information
  • Lot Size Acres: 0.1
  • Lot Size Dimensions: 50x100
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 1324.0
  • Above Grade Finished Area Units: Square Feet
  • Building Area Total: 1324.0
  • Living Area: 1324.0
  • Living Area Source: Prior Listing
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1923
Building Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting, Private Entrance
  • Fencing: Fenced
  • Patio And Porch Features: Porch
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Common, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Has Cooling: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
  • Laundry Features: Common Area
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $21,432
Unit Information
Unit 1
  • Type: Two Bedroom
  • Units Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished
  • Actual Rent: $1,000.00
Unit 2
  • Type: Two Bedroom
  • Units Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished
  • Actual Rent: $786.00

Property History for 18666 Reed Street

DateEvent & SourcePriceAppreciation
Mar 9, 2026

Sold

MiRealSource #60964610

$179,500
Mar 9, 2026

Sold

Realcomp #20261003746

$179,500
Jan 28, 2026

Contract Signed

MiRealSource #60964610

DateEvent & SourcePrice
03/09/2026

Sold

MiRealSource #60964610

$179,500
03/09/2026

Sold

Realcomp #20261003746

$179,500
01/28/2026

Contract Signed

MiRealSource #60964610

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18666 Reed Street

Taxable ValueLand-Additions-Total-
Tax Record2025$5,644 ($470 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,324 SqFtAbove Grade Finished SqFt1,324 SqFtUnfinished Basement SqFt916 SqFtStories1Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1923Year Renovated1923ZoningR1 1 FACountyWAYNEAPN47 010 01 0120 000

Schools near 18666 Reed Street

This home is within Melvindale-North Allen Park Schools.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rogers Early Elementary School
PublicPK to 1

Allendale Elementary School
Public2 to 5

Julian O. Strong Middle School
Public6 to 8

Melvindale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Real Estate One-W Blmfld

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.