$45,000

4631 Meldrum St Detroit, MI 48207

$534
Closing credit¹
5 beds
2 full, 1 partial
2,282 sqft
0.1 acres
$20 / sqft
House

Property details

About 4631 Meldrum St

***Price dropped...Motivated Seller! Cash Offers Only*** Investor Special, Buy and hold*** Great opportunity in a booming neighborhood with an estimated ARV of $240,000. The property has been on the market for an extended period because there were squatters. We were unable to show the property until they were removed at the end of April. It is now available for showing, so feel free to come by and take a look. If you need more information, give me a call! Additionally, "$12.5 million was awarded to Detroit from USDOT and the state of Michigan to make the Gratiot corridor from 8 Mile Road to Downtown Detroit safer. - Sep 25, 2024."

Highlights

Home typeSingle Family Residence
HeatingHot Water, Natural Gas
StatusActive
Size2,282 sqft
BasementYes
Lot size0.14 Acres
Year built1905
ParkingOne Car Garage, Detached
MLS #20240081804
Garage1 space

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: One Car Garage, Detached
  • Architectural Style: Colonial
  • Heating: Hot Water, Natural Gas
  • List Price: $45,000
  • Price/SqFt: $19
  • Annual Tax Amount: $506
  • Tax Year: 2024
  • Directions: Gratiot Ave / Mt Elliott St
  • Year Built: 1905
  • Living Area: 2,282 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: 20240081804
  • MLS Name: Realcomp II Ltd
  • Office Name: IKONIK REALTY
  • Office Phone: (313) 240-1331
  • Listing Agent: Hasnat Khan

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 4:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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victorian house featuring roof with shingles and stone siding

$45,000

4631 Meldrum St

$534

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 22, 2008
Home Sold
$18,000

Tax history

YearAssessmentProperty Tax
2024$30,700$506
2023$24,300$506
2022$20,600$267
2021$16,600$267
2020$17,300$489
2018$11,800$489
2017$13,000$487

History based on county public records data.

Nearby schools

3

University Preparatory Science and Math Elementary School

Public Charter KG-5

1.4 mi

2251 Antietam Ave

2

Oakland International Academy Elementary School

Public Charter 2-4

1.8 mi

4001 Miller St

1

Detroit Academy of Arts and Sciences

Public Charter KG-5

1.9 mi

2985 E Jefferson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,000. The most common annual income of people living in Detroit, MI is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

76%
<35k
24%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

71%
Single, No Kids
20%
Single, with Kids
3%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4631 Meldrum St

The listing price of 4631 Meldrum St property is $45,000.

The property 4631 Meldrum St is a house located in Detroit, Michigan, 48207.

Active Listing: 4631 Meldrum St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4631 Meldrum St are: University Preparatory Science and Math Elementary School (GreatSchools Rating 3/10), Oakland International Academy Elementary School (GreatSchools Rating 2/10), Detroit Academy of Arts and Sciences (GreatSchools Rating 1/10), The James and Grace Lee Boggs School (GreatSchools Rating 7/10), Detroit Preparatory (GreatSchools Rating 5/10), Detroit Edison Public School Academy (GreatSchools Rating 5/10), Detroit Edison Public School Academy High School (GreatSchools Rating 6/10), Covenant House Academy Detroit East Site (GreatSchools Rating 1/10), Martin Luther King Jr. Senior High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $506 (source: MLS/based on county public records data).

The last sale was on April 22, 2008 for $18,000 (source: MLS/tax record).

The property at 4631 Meldrum St has 5 bedrooms and 2 full and 1 half bathrooms.

The property 4631 Meldrum St is 2,282 SqFt (source: MLS/tax record).

The year of construction for 4631 Meldrum St is 1905.

This home is located at 4631 Meldrum St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 2,282 square foot home, which was built in 1905, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $45,000.

While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. The number of listings in Detroit, MI increased by 13.4% between March and April 2025. Listings spent 47 days on the market in April 2025, and had a median list price of $90,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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