#20240085237, Albert Hakim, Listing Office: RE/MAX First
4631 Meldrum St Detroit, MI 48207
Property details
About 4631 Meldrum St
****Buy and hold, investor special, also Land Contract available*** Great opportunity in a booming neighborhood. ARV of 240,000. "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." Land Cntrt Price: 60,000 / Land DWP: 30,000 / Land Int Rate: 0 / Land Payment: 1,000 / Land Cntrt Term: 30.
Highlights
Summary
- MLS Number: 20240081804
- MLS Name: Realcomp II Ltd
- Office Name: IKONIK REALTY
- Office Phone: (313) 240-1331
- Listing Agent: Hasnat Khan
Disclaimer: 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.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 3/15/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$50,000
4631 Meldrum St
$594
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 22, 2008 | Home Sold | $18,000 |
Tax history
Year | Assessment | Property 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.
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. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 4631 Meldrum St
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: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $50,000.
In February 2025 more than 68 listings in Detroit, MI were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 203 were sold below. The number of listings in Detroit, MI increased by 7% between January and February 2025. Listings spent 59 days on the market in February 2025, and had a median list price of $88,760 during the same period.