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
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: 1.97% Traditional cash on cash: 4.09% Airbnb Rental Income: $1363 Traditional Rental Income: $1269 Airbnb ROI: 1.97% 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: 4.63% Traditional cash on cash: 8.42% Airbnb Rental Income: $1363 Traditional Rental Income: $1456 Airbnb ROI: 4.63% 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: 2.11% Traditional cash on cash: 5.68% Airbnb Rental Income: $1363 Traditional Rental Income: $1476 Airbnb ROI: 2.11% 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%
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: 2.48% Traditional cash on cash: 6.78% Airbnb Rental Income: $1363 Traditional Rental Income: $1783 Airbnb ROI: 2.48% Traditional ROI: 6.78%
3603 Harlow Avenue Melvindale, MI This solid brick ranch offers comfort, space, and privacy on a quiet dead-end street. Fea...	3 beds \| 2 baths \| 1,092 sq.ft.	$199,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 7.23% Airbnb Rental Income: $1363 Traditional Rental Income: $1865 Airbnb ROI: 2.39% Traditional ROI: 7.23%
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: 4.73% Traditional cash on cash: 8.98% Airbnb Rental Income: $1363 Traditional Rental Income: $1458 Airbnb ROI: 4.73% Traditional ROI: 8.98%
3244 Whitaker Drive Melvindale, MI Come see this amazing upper unit condo in Northpointe Townhomes Community. Beautiful 2 bed...	2 beds \| 1 baths \| 1,248 sq.ft.	$169,900	Airbnb cash on cash: -1.95% Traditional cash on cash: 5.56% Airbnb Rental Income: $804 Traditional Rental Income: $1697 Airbnb ROI: -1.95% Traditional ROI: 5.56%
18906 Henry St Melvindale, MI 18906 Henry St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,750 sq.ft.	$149,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 6.29% Airbnb Rental Income: $1363 Traditional Rental Income: $1355 Airbnb ROI: 3.45% Traditional ROI: 6.29%
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: 0.1% Traditional cash on cash: 2.58% Airbnb Rental Income: $804 Traditional Rental Income: $851 Airbnb ROI: 0.1% 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: 2.91% Traditional cash on cash: 5.55% Airbnb Rental Income: $1363 Traditional Rental Income: $1362 Airbnb ROI: 2.91% Traditional ROI: 5.55%
18949 Wall St Melvindale, MI 18949 Wall St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,371 sq.ft.	$125,900	Airbnb cash on cash: 4.54% Traditional cash on cash: 7.99% Airbnb Rental Income: $1363 Traditional Rental Income: $1366 Airbnb ROI: 4.54% Traditional ROI: 7.99%
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: 3.38% Traditional cash on cash: 7.03% Airbnb Rental Income: $1363 Traditional Rental Income: $1535 Airbnb ROI: 3.38% Traditional ROI: 7.03%
18259 Prospect Street Melvindale, MI This 2,162 sq ft duplex on a double lot offers 6 bedrooms and 2 full baths, perfect for in...	N/A beds \| 2 baths \| 2,162 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2074 Airbnb ROI: N/A Traditional ROI: 3.99%
2809 MARGARET Street Melvindale, MI Welcome home to this fabulous Melvindale beauty! The kitchen features updated drywall, lig...	3 beds \| 2 baths \| 1,900 sq.ft.	$189,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 10.78% Airbnb Rental Income: $1363 Traditional Rental Income: $2452 Airbnb ROI: 2.4% Traditional ROI: 10.78%
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: 3.03% Traditional cash on cash: 4.75% Airbnb Rental Income: $1363 Traditional Rental Income: $1228 Airbnb ROI: 3.03% 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: -1.28% Traditional cash on cash: 5.24% Airbnb Rental Income: $760 Traditional Rental Income: $2284 Airbnb ROI: -1.28% 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: 2.22% Traditional cash on cash: 4.44% Airbnb Rental Income: $1363 Traditional Rental Income: $1348 Airbnb ROI: 2.22% Traditional ROI: 4.44%
17579 Park Street Melvindale, MI Your Dream Home Awaits! This beautiful 3-bedroom, 2-bathroom brick home has it all - spac...	3 beds \| 2 baths \| 1,030 sq.ft.	$250,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.72% Airbnb Rental Income: $1363 Traditional Rental Income: $1344 Airbnb ROI: 1.04% Traditional ROI: 2.72%
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.	$169,000	Airbnb cash on cash: -3.18% Traditional cash on cash: 5.92% Airbnb Rental Income: $804 Traditional Rental Income: $1948 Airbnb ROI: -3.18% Traditional ROI: 5.92%
17182 Henry Street Melvindale, MI Welcome to this well-maintained vinyl-sided bungalow, available for the first time! Inside...	3 beds \| 1 baths \| 900 sq.ft.	$135,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 7.11% Airbnb Rental Income: $1363 Traditional Rental Income: $1344 Airbnb ROI: 4.05% Traditional ROI: 7.11%
14713 Morris Ave Melvindale, MI 14713 Morris Ave, Melvindale, MI 48101 \| Single Family Residential	3 beds \| 2 baths \| 2,052 sq.ft.	$249,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.78% Airbnb Rental Income: $1363 Traditional Rental Income: $1344 Airbnb ROI: 1.1% Traditional ROI: 2.78%

Real Estate investment in Melvindale, MI

There are 26 properties for sale in the city of Melvindale . The median list price in Melvindale is $161,950 and the average price per square foot is $115. In October 2025, the average monthly cash on cash return in Melvindale is 6.00%. The average monthly rental income in Melvindale is $1,359.

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

There are 26 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 $1,359.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

18274 Harman Street

Melvindale, MI

3 beds | 2 baths | 830 sq.ft.

$159,000

Airbnb cash on cash: 1.97%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1363

Traditional Rental Income: $1269

Airbnb ROI: 1.97%

Traditional ROI: 4.09%

17450 Wood Street

Melvindale, MI

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

$140,000

Airbnb cash on cash: 4.63%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $1363

Traditional Rental Income: $1456

Airbnb ROI: 4.63%

Traditional ROI: 8.42%

19163 Henry Street

Melvindale, MI

3 beds | 1 baths | 867 sq.ft.

$155,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1363

Traditional Rental Income: $1476

Airbnb ROI: 2.11%

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%

2790 Blanche Street

Melvindale, MI

3 beds | 2 baths | 900 sq.ft.

$205,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1363

Traditional Rental Income: $1783

Airbnb ROI: 2.48%

Traditional ROI: 6.78%

3603 Harlow Avenue

Melvindale, MI

3 beds | 2 baths | 1,092 sq.ft.

$199,900

Airbnb cash on cash: 2.39%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $1363

Traditional Rental Income: $1865

Airbnb ROI: 2.39%

Traditional ROI: 7.23%

18254 Harman Street

Melvindale, MI

3 beds | 1 baths | 785 sq.ft.

$124,900

Airbnb cash on cash: 4.73%

Traditional cash on cash: 8.98%

Airbnb Rental Income: $1363

Traditional Rental Income: $1458

Airbnb ROI: 4.73%

Traditional ROI: 8.98%

3244 Whitaker Drive

Melvindale, MI

2 beds | 1 baths | 1,248 sq.ft.

$169,900

Airbnb cash on cash: -1.95%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $804

Traditional Rental Income: $1697

Airbnb ROI: -1.95%