18634 Wood ST , Melvindale, MI 48122
Est. $1,323/mo with current taxes · · See the breakdown
About this home
FULLY RENOVATED 2 FAMILY ON A HUGE LOT WITH EVERYTHING NEW! This brick two unit in Melvindale has been redone top to bottom. New roof, new HVAC, new plumbing, new electrical, new flooring, new kitchens and new bathrooms. The lower unit has 2 bedrooms, a full bathroom, a bright living room and a new kitchen with white shaker cabinets. The upper unit has 1 bedroom, a full bathroom, its own kitchen and a large open living area with a built in dresser and plenty of natural light. Each unit has its own entrance and its own kitchen. Full basement with a new water heater and a laundry hookup. Outside you get a large lot with a long private driveway, a detached garage and a fenced yard. Both units are vacant and ready for a new owner. Live in one unit and rent the other, or rent both for income from day one. BATVAI. All data approximate.
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 60.05 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $149,900 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,164 |
| Type | Single family residence |
| Subdivision | OAKWOOD HEIGHTS SUB |
| County | Wayne |
| MLS # | 20261084340 |
| Listed | 2026-10-17 |
| Days on market | 16 |
| Year built | 1926 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Hot water, Natural gas, Radiant |
| Foundation | Basement, Block |
| Garage spaces | 2.5 |
| Water / Sewer | City water & sewer |
| Parcel number | 47010030246001 |
| Listing office | Keller Williams Legacy |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $124,900 | about $74,950 |
| Yearly property tax | $2,504 | about $4,500 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,996 a year more than this seller pays. The assessor's state equalized value (SEV) is $124,900. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Melvindale's 2025 homestead rate of 60.05 mills and assumes you claim the homestead exemption. See Melvindale's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.