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
2326 Fisher Street Melvindale, MI Welcome to this move-in-ready, two bedroom, one bath home with a one car garage. The home...	2 beds \| 1 baths \| 696 sq.ft.	$98,900	Airbnb cash on cash: 1% Traditional cash on cash: 9.36% Airbnb Rental Income: $813 Traditional Rental Income: $1293 Airbnb ROI: 1% Traditional ROI: 9.36%
18274 Harman Street Melvindale, MI Welcome to your dream home in the heart of Melvindale! This beautifully maintained bungalo...	3 beds \| 2 baths \| 830 sq.ft.	$159,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.09% Airbnb Rental Income: $1240 Traditional Rental Income: $1269 Airbnb ROI: 1.3% Traditional ROI: 4.09%
17450 Wood Street Melvindale, MI Cute 3 Br bungalow! 1 bath, Nice kitchen, Partially finished bsmt, central air, 2 car gara...	3 beds \| 1 baths \| 1,550 sq.ft.	$140,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 8.42% Airbnb Rental Income: $1240 Traditional Rental Income: $1456 Airbnb ROI: 3.86% Traditional ROI: 8.42%
19163 Henry Street Melvindale, MI Back on the market at no fault of the seller! - Welcome to this three bedroom bungalow wit...	3 beds \| 1 baths \| 867 sq.ft.	$155,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.68% Airbnb Rental Income: $1240 Traditional Rental Income: $1476 Airbnb ROI: 1.42% Traditional ROI: 5.68%
17951 Prospect Street Melvindale, MI 3 unit fully leased out with all leases come up in February and all want to stay. All rent...	N/A beds \| 6 baths \| 2,850 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $2404 Airbnb ROI: N/A Traditional ROI: 5.95%
2527 Corbin Street Melvindale, MI Welcome to this, move in ready, 2 bed ,1 bath ranch. Enjoy the new carpet and fresh paint...	2 beds \| 1 baths \| 754 sq.ft.	$115,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 7.03% Airbnb Rental Income: $813 Traditional Rental Income: $1385 Airbnb ROI: -1.04% Traditional ROI: 7.03%
2790 Blanche Street Melvindale, MI This charming well-maintained 3-bedroom ranch offers comfortable one floor living with tho...	3 beds \| 2 baths \| 900 sq.ft.	$205,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 6.78% Airbnb Rental Income: $1240 Traditional Rental Income: $1783 Airbnb ROI: 1.95% Traditional ROI: 6.78%
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.	$124,900	Airbnb cash on cash: 3.87% Traditional cash on cash: 8.98% Airbnb Rental Income: $1240 Traditional Rental Income: $1458 Airbnb ROI: 3.87% Traditional ROI: 8.98%
19059 Wood St Melvindale, MI 19059 Wood St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 580 sq.ft.	$155,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.58% Airbnb Rental Income: $813 Traditional Rental Income: $851 Airbnb ROI: 0.15% Traditional ROI: 2.58%
17764 Harman St Melvindale, MI 17764 Harman St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,740 sq.ft.	$159,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.8% Airbnb Rental Income: $1240 Traditional Rental Income: $1362 Airbnb ROI: 2.41% Traditional ROI: 5.8%
18623 Wood Street St Melvindale, MI 18623 Wood Street St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$39,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.19% Airbnb Rental Income: $null Traditional Rental Income: $614 Airbnb ROI: N/A Traditional ROI: 10.19%
0002 Prospect St Melvindale, MI 0002 Prospect St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 4.95%
0001 Prospect St Melvindale, MI 0001 Prospect St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 4.95%
19120 Dix Rd Melvindale, MI 19120 Dix Rd, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$149,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.38% Airbnb Rental Income: $null Traditional Rental Income: $650 Airbnb ROI: N/A Traditional ROI: 1.38%
18295 Henry Street Melvindale, MI Step into this charming and beautifully updated bungalow that perfectly blends classic cha...	3 beds \| 1 baths \| 1,106 sq.ft.	$169,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 7.03% Airbnb Rental Income: $1240 Traditional Rental Income: $1535 Airbnb ROI: 2.74% Traditional ROI: 7.03%
17632 Henry Street Melvindale, MI Welcome to this beautifully updated home nestled in a quiet neighborhood. This inviting pr...	3 beds \| 1 baths \| 950 sq.ft.	$172,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 4.75% Airbnb Rental Income: $1240 Traditional Rental Income: $1228 Airbnb ROI: 2.41% Traditional ROI: 4.75%
4020 Wall Ave Melvindale, MI 4020 Wall Ave, Melvindale, MI 48101 \| Single Family Residential	4 beds \| 2 baths \| 2,700 sq.ft.	$299,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 5.24% Airbnb Rental Income: $974 Traditional Rental Income: $2284 Airbnb ROI: -0.65% Traditional ROI: 5.24%
18028 Ruth St Melvindale, MI 18028 Ruth St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,364 sq.ft.	$189,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 4.44% Airbnb Rental Income: $1240 Traditional Rental Income: $1348 Airbnb ROI: 1.65% Traditional ROI: 4.44%
17579 Park Street Melvindale, MI Your Dream Home Awaits! This beautiful 3-bedroom, 2-bathroom brick home has it all - space...	3 beds \| 2 baths \| 1,030 sq.ft.	$250,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.42% Airbnb Rental Income: $1240 Traditional Rental Income: $1744 Airbnb ROI: 0.61% Traditional ROI: 4.42%
3581 Reeves Drive Melvindale, MI Welcome to this beautifully maintained end-unit ranch condo offering easy, one-level livin...	2 beds \| 2 baths \| 1,260 sq.ft.	$168,999	Airbnb cash on cash: -3.13% Traditional cash on cash: 5.92% Airbnb Rental Income: $813 Traditional Rental Income: $1948 Airbnb ROI: -3.13% Traditional ROI: 5.92%
19211 Wall St Melvindale, MI 19211 Wall St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 783 sq.ft.	$130,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.78% Airbnb Rental Income: $813 Traditional Rental Income: $937 Airbnb ROI: 0.44% Traditional ROI: 3.78%
18243 Wood St Melvindale, MI 18243 Wood St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 2 baths \| 1,858 sq.ft.	$190,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 8.2% Airbnb Rental Income: $1240 Traditional Rental Income: $2028 Airbnb ROI: 1.65% Traditional ROI: 8.2%

Real Estate investment in Melvindale, MI

There are 24 properties for sale in the city of Melvindale . The median list price in Melvindale is $155,450 and the average price per square foot is $126. In October 2025, the average monthly cash on cash return in Melvindale is 6.00%. The average monthly rental income in Melvindale is $1,374.

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

There are 24 investment properties available for sale in Melvindale.

In 2025, 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 $1,374.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

2326 Fisher Street

Melvindale, MI

2 beds | 1 baths | 696 sq.ft.

$98,900

Airbnb cash on cash: 1%

Traditional cash on cash: 9.36%

Airbnb Rental Income: $813

Traditional Rental Income: $1293

Airbnb ROI: 1%

Traditional ROI: 9.36%

18274 Harman Street

Melvindale, MI

3 beds | 2 baths | 830 sq.ft.

$159,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1240

Traditional Rental Income: $1269

Airbnb ROI: 1.3%

Traditional ROI: 4.09%

17450 Wood Street

Melvindale, MI

3 beds | 1 baths | 1,550 sq.ft.

$140,000

Airbnb cash on cash: 3.86%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $1240

Traditional Rental Income: $1456

Airbnb ROI: 3.86%

Traditional ROI: 8.42%

19163 Henry Street

Melvindale, MI

3 beds | 1 baths | 867 sq.ft.

$155,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1240

Traditional Rental Income: $1476

Airbnb ROI: 1.42%

Traditional ROI: 5.68%

17951 Prospect Street

Melvindale, MI

N/A beds | 6 baths | 2,850 sq.ft.

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.95%

Airbnb Rental Income: $null

Traditional Rental Income: $2404

Airbnb ROI: N/A

Traditional ROI: 5.95%

2527 Corbin Street

Melvindale, MI

2 beds | 1 baths | 754 sq.ft.

$115,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: 7.03%

Airbnb Rental Income: $813

Traditional Rental Income: $1385

Airbnb ROI: -1.04%

Traditional ROI: 7.03%

2790 Blanche Street

Melvindale, MI

3 beds | 2 baths | 900 sq.ft.

$205,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1240

Traditional Rental Income: $1783

Airbnb ROI: 1.95%

Traditional ROI: 6.78%

18254 Harman Street

Melvindale, MI

3 beds | 1 baths | 785 sq.ft.

$124,900

Airbnb cash on cash: 3.87%

Traditional cash on cash: 8.98%

Airbnb Rental Income: $1240

Traditional Rental Income: $1458

Airbnb ROI: 3.87%