For Sale
309 Melbourne Street, Detroit, MI 48202
$249,000
3 bathsBuilt 19150.11 acres

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Description
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.
Price & Status History
Mar 3, 2026MLS #50200604
Listed for sale
$249,000
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| For Sale | $249,000 | — | Mar 3, 2026 | — | MiReal | View → |
Property Details
Property TypeMulti FamilyBathrooms3Lot Size0.11 acresYear Built1915CityDetroitMunicipalityDetroit CityZip Code48202Terms AcceptedCash, Conventional
Listed by Matthew Jankowski
Lucido and Associates, Inc