309 Melbourne St, Detroit, MI 48202

$230,000
4
BD
3
BA
1,884
SqFt
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$230,000
List Price
$249,000
Closing Date
Aug 07, 2026
MLS#
58050200604
Status
CLOSED
Bedrooms
4
Bathrooms
3
Subdivision
MC LAUGHLIN BROS SUB OF LT 8
Contact Us View on Map New Search

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.

Search All Properties

Additional Information

Year Built
1915
Basement Type
Common
Acres
0.11
Acres
0.11
School District
Detroit
Interior Features
Utility Room/Laundry
Appliances
Oven, Refrigerator, Range
Cooling
Window/Wall
Heating
Forced Air, Natural Gas
Request Info Add to Favorites
Add to Favorites Request Information New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Lucido and Associates, Inc 3138821010

Selling Office: Redfin Corporation.