309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
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$230,000

$249,000

7.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Baths

4,791 Sqft Lot


SOLD DATE : 08/07/2026

Key Details

Sold Price $230,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality Detroit City

Subdivision Detroit City

MLS Listing ID 50200604

Sold Date 08/07/26

Year Built 1915

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40 x 114

Source MiRealSource

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.

Location

State MI

County Wayne

Interior

Heating Forced Air

Cooling Window Unit(s)

Exterior

View Y/N No

Building

Structure Type Brick

Others

Tax ID 01002481

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Lucido and Associates, Inc
Desiree Bourgeois

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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