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$274,900 for Sale

309 melbourne, detroit, MI 48202

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Property 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.
General Information
Sale Price: $274,900
Price/SqFt: $146
Status: Active
MLS#: 50200604
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: mc laughlin bros sub of lt 8
Acres: 0.11
Lot Dim: 40 x 114
Bedrooms:4
Bathrooms:3   (3 full, 0 half)
Size: 1,884 sq.ft.
Acreage: 0.11 est.
Year Built: 1915
Style: More than 2 Stories
Features & Room Sizes
Exterior:  Fenced Yard,Porch
Basement:  Yes
Cooling:  Window Unit(s)
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $1,817
Est. Winter Taxes:  $475


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Matthew Jankowski of Lucido and Associates, Inc

This listing last updated: Fri, March 20, 2026 at 10:52:28 AM EDT

MIRealSource Listing Data Last Updated On Wednesday, April 1 2026 at 11:38am
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Listings presented by:
Matthew Jankowski
Lucido and Associates, Inc
Call: (313) 995-3587

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