Real Estate Investment Properties for Sale in Melvindale, MI

Looking for investment property in Melvindale, MI with high ROI ?

Explore a variety of short-term homes & houses in Melvindale, MI. Invest wisely with VRBO & Melvindale, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Melvindale, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
18634 Wood St Melvindale, MI Priced to sell! Welcome to this two family home with lots of space, located on a double lo...	3 beds \| 2 baths \| 1,164 sq.ft.	$159,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 8.23% Airbnb Rental Income: $1218 Traditional Rental Income: $1728 Airbnb ROI: 2.32% Traditional ROI: 8.23%
17951 Prospect St Melvindale, MI Discover this fully leased 3-unit property in the heart of Melvindale, perfect for savvy i...	5 beds \| 3 baths \| 3,786 sq.ft.	$270,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 5.96% Airbnb Rental Income: $1004 Traditional Rental Income: $2404 Airbnb ROI: -0.94% Traditional ROI: 5.96%
18022 Harman St Melvindale, MI BACK ON THE MARKET DUE TO BUYER FINANCING FALLING THROUGH! At no fault of the seller or ho...	2 beds \| 2 baths \| 1,161 sq.ft.	$215,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 7.76% Airbnb Rental Income: $966 Traditional Rental Income: $2025 Airbnb ROI: 0.85% Traditional ROI: 7.76%
18051 Reed St Melvindale, MI Step inside a home where the hard work has already been done so you can simply move in and...	3 beds \| 2 baths \| 1,900 sq.ft.	$220,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 7.06% Airbnb Rental Income: $1218 Traditional Rental Income: $2033 Airbnb ROI: 1.26% Traditional ROI: 7.06%
17405 Palmer St Melvindale, MI Welcome to this well-maintained 3-bedroom, 1-bath home that's truly ready for you to move ...	3 beds \| 1 baths \| 1,010 sq.ft.	$179,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 5.42% Airbnb Rental Income: $1218 Traditional Rental Income: $1380 Airbnb ROI: 2.18% Traditional ROI: 5.42%
18039 Wood St Melvindale, MI 3-bedroom, 1-bath bungalow located in the heart of Melvindale and full of potential. Owned...	3 beds \| 1 baths \| 1,302 sq.ft.	$134,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 7.54% Airbnb Rental Income: $1218 Traditional Rental Income: $1380 Airbnb ROI: 3.27% Traditional ROI: 7.54%
18800 Wall St Melvindale, MI 18800 Wall St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 1,224 sq.ft.	$149,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.59% Airbnb Rental Income: $966 Traditional Rental Income: $1111 Airbnb ROI: 1.14% Traditional ROI: 4.59%
18811 HANNA Street Melvindale, MI Back on the Market! Buyer's financing fell through - Welcome to the beautiful 3 bedroom, 1...	3 beds \| 2 baths \| 1,144 sq.ft.	$180,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.09% Airbnb Rental Income: $1218 Traditional Rental Income: $1791 Airbnb ROI: -0.54% Traditional ROI: 5.09%
17169 Harman Street Melvindale, MI NEW CONSTRUCTION JUNE/JULY 2026 OCCUPANCY RENDERING PHOTO/PHOTOS ARE A REPRENTATION BU...	4 beds \| 3 baths \| 1,857 sq.ft.	$295,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 8.4% Airbnb Rental Income: $1458 Traditional Rental Income: $2877 Airbnb ROI: 1.74% Traditional ROI: 8.4%
17506 Reed Street Melvindale, MI NEW CONSTRUCTION JUNE/JULY 2026 OCCUPANCY RENDERING PHOTO/PHOTOS ARE A REPRENTATION BU...	3 beds \| 3 baths \| 1,535 sq.ft.	$250,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 8.39% Airbnb Rental Income: $1218 Traditional Rental Income: $2420 Airbnb ROI: 1.64% Traditional ROI: 8.39%
19643 Harman Street Melvindale, MI NEW CONSTRUCTION JUNE/JULY 2026 OCCUPANCY RENDERING PHOTO/PHOTOS ARE A REPRENTATION BU...	4 beds \| 3 baths \| 1,857 sq.ft.	$295,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 7.24% Airbnb Rental Income: $1458 Traditional Rental Income: $2503 Airbnb ROI: 1.93% Traditional ROI: 7.24%
18254 Harman Street Melvindale, MI Motivated buyer and priced to sell! This charming 3 bedroom home has a lot to offer, start...	3 beds \| 1 baths \| 785 sq.ft.	$114,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 9.81% Airbnb Rental Income: $1218 Traditional Rental Income: $1458 Airbnb ROI: 4.12% Traditional ROI: 9.81%
18875 Robert Street Melvindale, MI Every detail of this meticulously renovated ranch-style home has been thoughtfully designe...	3 beds \| 1 baths \| 860 sq.ft.	$135,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 8.39% Airbnb Rental Income: $1218 Traditional Rental Income: $1458 Airbnb ROI: 3.52% Traditional ROI: 8.39%
3575 Furgerson Street Melvindale, MI Welcome to this beautiful home located in the desirable Melwood Subdivision! This fully br...	3 beds \| 2 baths \| 950 sq.ft.	$234,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.21% Airbnb Rental Income: $1218 Traditional Rental Income: $1686 Airbnb ROI: 1.33% Traditional ROI: 5.21%
17248 Harman Street Melvindale, MI Welcome Home! Stunning 3 Bedroom 1 Full Bath Bungalow Fully Updated...Brand New Kitchen wi...	3 beds \| 1 baths \| 1,000 sq.ft.	$185,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.28% Airbnb Rental Income: $1218 Traditional Rental Income: $1388 Airbnb ROI: 1.09% Traditional ROI: 4.28%
17190 Wood Street Melvindale, MI Welcome Home! 3 bedrooms 2 full baths is ready for you! Extra lot , finished basement and ...	3 beds \| 2 baths \| 864 sq.ft.	$149,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 8.43% Airbnb Rental Income: $1218 Traditional Rental Income: $1672 Airbnb ROI: 2.5% Traditional ROI: 8.43%
17389 Eddon Street Melvindale, MI Don't miss this opportunity to own a well-maintained 3-bedroom, 1.5 bath home in Melvindal...	3 beds \| 2 baths \| 711 sq.ft.	$189,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.02% Airbnb Rental Income: $1218 Traditional Rental Income: $1340 Airbnb ROI: 2.16% Traditional ROI: 5.02%
19641 Henry Street Melvindale, MI Welcome to 19641 Henry a charming 3-bedroom, 1.1 bathroom ranch offering 800+ sq feet. Ste...	3 beds \| 2 baths \| 831 sq.ft.	$159,999	Airbnb cash on cash: 2.4% Traditional cash on cash: 7.94% Airbnb Rental Income: $1218 Traditional Rental Income: $1673 Airbnb ROI: 2.4% Traditional ROI: 7.94%

Real Estate investment in Melvindale, MI

There are 28 properties for sale in the city of Melvindale . The median list price in Melvindale is $180,000 and the average price per square foot is $155. In May 2026, the average monthly cash on cash return in Melvindale is 8.00%. The average monthly rental income in Melvindale is $1,673.

Melvindale, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Melvindale.

In 2026, the best neighborhood to buy investment property is Melvindale.

The ROI for Long-Term is higher than the Short-Term in Melvindale with average rental income of $1,673.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

18634 Wood St

Melvindale, MI

3 beds | 2 baths | 1,164 sq.ft.

$159,900

Airbnb cash on cash: 2.32%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1218

Traditional Rental Income: $1728

Airbnb ROI: 2.32%

Traditional ROI: 8.23%

17951 Prospect St

Melvindale, MI

5 beds | 3 baths | 3,786 sq.ft.

$270,000

Airbnb cash on cash: -0.94%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1004

Traditional Rental Income: $2404

Airbnb ROI: -0.94%

Traditional ROI: 5.96%

18022 Harman St

Melvindale, MI

2 beds | 2 baths | 1,161 sq.ft.

$215,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 7.76%

Airbnb Rental Income: $966

Traditional Rental Income: $2025

Airbnb ROI: 0.85%

Traditional ROI: 7.76%

18051 Reed St

Melvindale, MI

3 beds | 2 baths | 1,900 sq.ft.

$220,000

Airbnb cash on cash: 1.26%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $1218

Traditional Rental Income: $2033

Airbnb ROI: 1.26%

Traditional ROI: 7.06%

17405 Palmer St

Melvindale, MI

3 beds | 1 baths | 1,010 sq.ft.

$179,900

Airbnb cash on cash: 2.18%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $1218

Traditional Rental Income: $1380

Airbnb ROI: 2.18%

Traditional ROI: 5.42%

18039 Wood St

Melvindale, MI

3 beds | 1 baths | 1,302 sq.ft.

$134,900

Airbnb cash on cash: 3.27%

Traditional cash on cash: 7.54%

Airbnb Rental Income: $1218

Traditional Rental Income: $1380

Airbnb ROI: 3.27%

Traditional ROI: 7.54%

18800 Wall St

Melvindale, MI

2 beds | 1 baths | 1,224 sq.ft.

$149,900

Airbnb cash on cash: 1.14%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $966

Traditional Rental Income: $1111

Airbnb ROI: 1.14%

Traditional ROI: 4.59%

18811 HANNA Street

Melvindale, MI

3 beds | 2 baths | 1,144 sq.ft.

$180,000

Airbnb cash on cash: -0.54%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1218

Traditional Rental Income: $1791

Airbnb ROI: -0.54%