309 Melbourne Street
Detroit, Michigan 48202
0
Bed
3
Bath
1,884Sqft
0.11Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 3 Full Baths: 3 -
Room Information
Porches: PorchInterior Features
Laundry Facility Basement Description: Common -
Heating & Cooling
Cooling: Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1915 Total Units: 3 Foundation/Basement: Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.11 Lot Dimensions: 40 x 114 -
Property Information
SQ ft: 1884 Subdivision: Mc Laughlin Bros Sub Of Lt 8 Financing: Cash,Conventional
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Listing Price Information
Original List Price: $275,000 -
Listing Information
Possession: At Close Legal Description: N MELBOURNE 24 MC LAUGHLIN BROS L17 P73 PLATS, W C R 1/109 40 X 114.24A
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Tax Information
Annual Tax: $2,274 Parcel Number: 01002481Possession
At CloseLegal Information
Legal Description: Section: N MELBOURNE 24 MC LAUGHLIN BROS L17 P73 PLATS, W C R 1/109 40 X 114.24A
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 625 Horton Street , Detroit, MI, 48202 | $349,900 | 4 | 2 | 2,146 | 2,146 SqFt |
| 591 Hague Street , Detroit, MI, 48202 | $241,999 | 6 | 2.5 | 2,594 | 2,594 SqFt |
| 268 Marston Street , Detroit, MI, 48202 | $529,900 | 8 | 4 | 4,838 | 4,838 SqFt |
| 231 Chandler Street , Detroit, MI, 48202 | $275,000 | 3 | 2 | 1,749 | 1,749 SqFt |
| 100 Chandler Street , Detroit, MI, 48202 | $375,000 | 8 | 4 | 4,000 | 4,000 SqFt |
| 284 E Philadelphia Stre.., Detroit, MI, 48202 | $70,000 | 6 | 2.5 | 3,146 | 3,146 SqFt |
| 320 Owen Street , Detroit, MI, 48202 | $75,000 | 4 | 2.5 | 2,734 | 2,734 SqFt |
| 508 - 506 Kenilworth , Detroit, MI, 48202 | $400,000 | 8 | 4 | 3,900 | 3,900 SqFt |
| 30 E Philadelphia Street , Detroit, MI, 48202 | $7,500,000 | 30 | 44.5 | 33,275 | 33,275 SqFt |
| 638 Seward Street , Detroit, MI, 48202 | $475,000 | 10 | 4.5 | 4,327 | 4,327 SqFt |
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ByOwner last updated this listing 06/18/2026 @ 22:46
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