2539 Margaret Street
Melvindale, MI 48122
Single Family Residence · MLS # 20261047100 · Listing courtesy of RE/MAX Leading Edge
About this home
HUGE PRICE IMPROVEMENT! Welcome to this charming 3-bedroom, 1-bath home offering comfort, character, and plenty of potential! Featuring beautiful solid oak floors throughout, this home blends classic charm with thoughtful updates. The eat in kitchen comes equipped with a new stove and refrigerator, while the convenience of a new washer and dryer adds to the move in ready appeal. Step outside and enjoy the newer back deck, perfect for relaxing or hosting summer gatherings. In the evening, unwind on the inviting front porch. The property is thoughtfully landscaped with perennial flowers surrounding the yard, providing beauty year after year. Additional highlights include central air, lighted ceiling fans in all bedrooms and the kitchen, and updated copper plumbing. The oversized 2.5-car garage offers ample storage and comes complete with tools and gardening equipment, an added bonus for hobbyists or outdoor enthusiasts. The home comes partial furnished. While it is move-in ready, there is still an opportunity to make updates and truly make it your own, whether you’re a first-time buyer or looking to downsize. This property presents a wonderful opportunity to own a well-cared-for home with great potential.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Melvindale
Over the last 90 days, 29 homes sold in Melvindale for a median of $165,000, about $112 per square foot, and the typical one went under contract in 9 days. This home is listed at $134,400, or $149 per square foot, 33% above the city median, and has been on the market 113 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Melvindale sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,692 a year. A buyer who lives here would pay about $1,716 to $4,754 a year once the taxable value resets after the sale, at the 2025 homestead rate of 70.05 mills for Melvindale City and Melvindale Allen Pk schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Melvindale
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:39 PM.