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309 Melbourne ST, Detroit, MI 48202

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
309 Melbourne ST,Detroit, MI 48202
$249,000
  • 4 Beds
  • 3 Baths
  • 1,884 sq. ft.
  • Multi-family
  • Pending
Listed by: matthew jankowski, alex m. lucido
Office: lucido and associates, inc
MLS#:58050200604
Source:MI_REALCOMP

Price summary

  • Price:$249,000
  • Price per sq. ft.:$132.17

About this home

Turnkey three-unit multi family investment opportunity in Detroit. Two of the three units are currently tenant-occupied while the third floor lease recently lapsed March 1st. Property features newer finishes throughout, minimizing up front capital expenditures. Ideally located just minutes from Woodward Avenue, Wayne State University and Little Caesars Arena, with convenient access to downtown amenities, dining and entertainment. Strong rental demand area makes this a sold cash-flow addition to any investors portfolio with long-term upside.

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Home facts

  • Year built:1915
  • Subdivision & Development:MC LAUGHLIN BROS SUB OF LT 8
  • Listing ID #:58050200604
  • Added:149 day(s) ago
  • Updated:July 30, 2026 at 07:59 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Common
  • Living area:1,884 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:1,884 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:More than 2 Stories
  • Construction Materials:Brick
  • Exterior Features:Porch
  • Foundation Description:Basement

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,000
  • Price per sq. ft.:$132.17
  • Tax amount:$2,274

Features and amenities

  • Appliances:Oven, Range, Refrigerator
  • Laundry features:Laundry Facility
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