Sold
Last Sold Price
2,000 sqft
2511 Schaefer Road, Melvindale, MI 48122
Multi FamilyProperty Type
0.14 acresLot Size
1941Year Built
$95/sq ftPrice per sq ft

Description

Great opportunity to own this recently updated duplex with strong rental potential! Recent improvements throughout both units and exterior make this a low-maintenance addition to your portfolio. Exterior upgrades include new gutters, extensive tree trimming completed for curb appeal and safety, porch improvements including new railings and brickwork repairs. Interior updates on the vacant unit include window repairs, new kitchen including new fridge, updated bathroom, new luxury vinyl plank flooring...Great opportunity to own this recently updated duplex with strong rental potential! Recent improvements throughout both units and exterior make this a low-maintenance addition to your portfolio. Exterior upgrades include new gutters, extensive tree trimming completed for curb appeal and safety, porch improvements including new railings and brickwork repairs. Interior updates on the vacant unit include window repairs, new kitchen including new fridge, updated bathroom, new luxury vinyl plank flooring and paint throughout, new electrical wiring, light fixtures and door hardware. Interior updates on the tenant occupied unit include minor electrical repairs and flooring in the kitchen. One unit is vacant and one unit is tenant occupied at $800/mo on a month to month basis. This property is ideal for both owner-occupants and investors. Live in one unit and rent the other, or lease both for strong cash flow from day one. Don't miss this move-in-ready multifamily opportunity!
  • Listed by: Robert Kabbani 313.926.2200 robertkabbani@gmail.com • Keller Williams Legacy
Listing closed: 06/27/2025 12:00 AM • Source: MiRealSource, MLS#: 60387829

Recent comparable sales

Median sold price

$176,000

Avg days on market

6

Sale-to-list ratio

96.6%

Melvindale, MI

9 comparable properties found

$179,500 | 18666 Reed Street, Melvindale, MI 48122
1/28
1

$179,500

Sold 03/09/26

Unavailable
Bedrooms
1,324
Square Feet
0.1
Acres
$133,000 | 2523 David Street, Melvindale, MI 48122
1/36
2

$133,000

Sold 11/10/25

Unavailable
Bedrooms
3,703
Square Feet
0.09
Acres
$212,000 | 17634 Hanna Street, Melvindale, MI 48122
1/34
3

$212,000

Sold 11/15/24

4
Bedrooms
1,932
Square Feet
0.1
Acres
4

$175,000

Sold 03/02/26

Unavailable
Bedrooms
2
Bathrooms
1,750
Square Feet
0.13
Acres
5

$176,000

Sold 02/07/25

Unavailable
Bedrooms
2.5
Bathrooms
1,920
Square Feet
0.09
Acres
$195,000 | 17306 Palmer Street, Melvindale, MI 48122
1/18
6

$195,000

Sold 03/28/25

3
Bedrooms
1,920
Square Feet
0.13
Acres
7

$180,000

Sold 02/25/26

Unavailable
Bedrooms
2
Bathrooms
2,688
Square Feet
0.16
Acres
8

$69,200

Sold 02/20/25

Unavailable
Bedrooms
2
Bathrooms
1,812
Square Feet
0.09
Acres
9

$175,000

Sold 01/09/26

Unavailable
Bedrooms
2
Bathrooms
2,688
Square Feet
0.16
Acres

Location

Listing Courtesy of Keller Williams Legacy

Sold By Empire Realty Group

Add your commute

Payment Calculator

$1,220 per month

30 year fixed, 6.71% Interest

Principal and Interest

$982

Property Taxes

$238

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2511 Schaefer Road

Property Details
  • Taxes: $2,858 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Architectural Style: 2 Story
  • Subdivision Name: FORT BOULEVARD HEIGHTS SUB
  • Has Waterfront: No
  • Zoning Description: Multi Family, Residential
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1941
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Cross Street: N of Oakwood // W of Scha
  • Directions: Property Is Located On The Corner Of Schaefer Rd & Dora St.
  • Latitude: 42.286852
  • Longitude: -83.164611
  • MLS Area Major: Melvindale (82142)
  • Senior Community: No
Taxes and HOA
  • Parcel Number: 47001010146000
  • Tax Annual Amount: $2,858.00
  • Tax Assessed Value: 32711
School Information
  • High School District: Melvindale Allen Pk
Parking
  • Attached Garage: No
Property
Lot Information
  • Direction Faces: West
  • Frontage Length: 60.0
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 60.00 x 100.00
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2000.0
  • Building Area Total: 2000.0
  • Living Area: 2000.0
  • Living Area Source: Estimated
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1941
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Has Cooling: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $9,600

Property History for 2511 Schaefer Road

DateEvent & SourcePriceAppreciation
Jun 27, 2025

Sold (Public Record)

Public Record #1907860153

$190,000

+43.7% / yr

Jun 27, 2025

Sold

MiRealSource #60387829

$190,000
Jun 27, 2025

Sold

Realcomp #20250027148

$190,000
DateEvent & SourcePrice
06/27/2025

Sold (Public Record)

Public Record #1907860153

$190,000

+43.7% / yr

06/27/2025

Sold

MiRealSource #60387829

$190,000
06/27/2025

Sold

Realcomp #20250027148

$190,000

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

Public Records for 2511 Schaefer Road

Taxable ValueLand-Additions-Total-
Tax Record2025$7,104 ($592 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,938 SqFtAbove Grade Finished SqFt1,938 SqFtUnfinished Basement SqFt1,900 SqFtStories2Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1941Year Renovated1941ZoningR1 1 FACountyWAYNEAPN47 001 01 0146 000

Schools near 2511 Schaefer Road

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.

Similar Homes

New listings in 48122

$139,900 | 19145 Wall Street, Melvindale, MI 48122
1/30

$139,900

2
Bedrooms
783
Square Feet
0.1
Acres
$119,000 | 18917 Wall Street, Melvindale, MI 48122
1/24

$119,000

2
Bedrooms
819
Square Feet
0.1
Acres
$100,000 | 2396 Fisher Street, Melvindale, MI 48122
1/8

$100,000

2
Bedrooms
696
Square Feet
0.08
Acres
$199,900 | 17960 Hanna Street, Melvindale, MI 48122
1/27

$199,900

3
Bedrooms
1,763
Square Feet
0.2
Acres
$159,000 | 2303 Fisher Street, Melvindale, MI 48122
1/27

$159,000

2
Bedrooms
871
Square Feet
0.18
Acres
$99,000 | 2399 Fisher Street, Melvindale, MI 48122
1/17
Accepting Backup Offers

$99,000

2
Bedrooms
696
Square Feet
0.08
Acres
$135,000 | 17134 Robert Street, Melvindale, MI 48122
1/26

$135,000

2
Bedrooms
744
Square Feet
0.13
Acres
$299,000 | 17501 Clarann Street, Melvindale, MI 48122
1/46
Virtual Tour

$299,000

3
Bedrooms
1,404
Square Feet
0.24
Acres
$145,999 | 17475 Prospect Street, Melvindale, MI 48122
1/14

$145,999

3
Bedrooms
1,137
Square Feet
0.11
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2511 Schaefer Road, Melvindale, MI 48122
$190,000
2,000
6,098
$58,000
4
2,138
4,356
$82,000
1
990
14,810
$125,000
3
1,176
10,454
$180,000
7,280
17,424
$14,900
4
1,500
6,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Legacy

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.