Turnkey Three-Unit
309 Melbourne St Detroit, MI 48202
For Sale
$249,500
Three-unit residential investment with newer finishes; two units are tenant-occupied and one lease lapsed March 1.
Days on Market88
Property Features for 309 Melbourne St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1915
Listing Agency:
Lucido & Assoc. Realtors
(313) 995-3587
Listed By:
Matthew Jankowski · License #MISPE-6502119186
(313) 995-3587
Source:
Elliman
Added: Apr 28
Changed: Jul 20
Last Checked: Jul 23 at 9:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lucido & Assoc. Realtors
Investment Insights
Based on property information with market context.
This turnkey three-unit multifamily property features newer finishes throughout, designed to reduce the need for immediate upfront capital expenditures. Two of the three units are currently tenant-occupied, and the third unit’s lease recently lapsed as of March 1.
The property is in Detroit and is described as conveniently located just minutes from Woodward Avenue, Wayne State University, and Little Caesars Arena, with access to downtown amenities, dining, and entertainment.
For investors seeking an income-focused addition to an existing portfolio, the property offers current in-place occupancy alongside a recently lapsed unit that presents a leasing opportunity.
The property is in Detroit and is described as conveniently located just minutes from Woodward Avenue, Wayne State University, and Little Caesars Arena, with access to downtown amenities, dining, and entertainment.
For investors seeking an income-focused addition to an existing portfolio, the property offers current in-place occupancy alongside a recently lapsed unit that presents a leasing opportunity.
Key Highlights
- 1915‑built three‑unit multi‑family property in Detroit
- Two units are currently tenant‑occupied
- Third‑floor lease recently lapsed on March 1
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit residential investment with newer finishes; two units are tenant-occupied and one lease lapsed March 1.
Where is this triplex located?
The property is located at 309 Melbourne St Detroit, MI.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: 1915‑built three‑unit multi‑family property in Detroit; Two units are currently tenant‑occupied; Third‑floor lease recently lapsed on March 1
