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309 Melbourne, 
Detroit, MI 48202

$249,000

4

Beds

3

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Matthew Jankowski

, 

Alex M. Lucido

Lucido And Associates, Inc

313-882-1010

Last updated:

May 30, 2026, 10:18 AM

MLS#

50200604

Source:

MI REALSOURCE

About This Home

309 Melbourne

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.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1915

Price Summary

249,000

MLS #:

50200604

Last Updated:

May 30, 2026, 10:18 AM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Structure

Structure

Year Built:

1915

Lot

Lot Size (Sq. Ft):

4,791

Finances & Disclosures

Finances

Price:

$249,000

Source:MI REALSOURCE
The information being provided by Michigan Mls/Mirealsource is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Michigan Mls/Mirealsource All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.