$249,500

309 Melbourne Street, Detroit, MI 48202

  • 4 beds |
  • 3 baths |
  • 1,884 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $132/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Listing Agent: Matthew Jankowski Broker: Lucido and Associates, Inc: 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.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 7:45AM
Listing Office:
Lucido and Associates, Inc : 313-882-1010
Listing Agent:
Matthew Jankowski : 313-995-3587
MLS ID:
50200604
  • Appliances: Range/OvenRefrigerator
  • Laundry: Common Area
  • Basement: Common
  • A/C: Window Unit(s)
  • Heating: Forced Air
  • Other Structures: Porch
  • Parking: Parking spaces: 0
  • General: BrickMore than 2 StoriesBasement
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N MELBOURNE 24 MC LAUGHLIN BROS L17 P73 PLATSW C R 1/109 40 X 114.24A
  • Fencing: Fenced
  • Water: Public
  • Sewer: Public Sanitary
  • Source: MiRealSource

This listing courtesy of Matthew Jankowski , Lucido and Associates, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location