$249,900

2928 Richton Street, Detroit, MI 48206

  • 5 baths |
  • 4,960 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $50/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms - a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation. This well-maintained brick building offers major value, including: • Four (4) 3-bedroom units • Separate gas and electric meters - tenants pay their own utilities • Four (4) NEW furnaces - one for each unit, reducing future maintenance costs • Large living and dining rooms in each unit • Spacious kitchens with great layout potential • Shared basement with ample storage • Classic Detroit architectural character With high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio. Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth. Don't miss out - schedule a tour today and discover the full potential of 2928 Richton Street!

Listing Status:
Active
Date Added:
July 12, 2026
Data Last Updated:
July 21, 2026 at 7:45AM
Listing Office:
Amin Realty : 833-264-6832
Listing Agent:
Erick Howard : 248-802-8522
MLS ID:
61010585
  • General: Cable/Internet Avail.
  • Basement: Block
  • Heating: Forced Air
  • General: Balcony
  • Other Structures: Porch
  • Parking: On Street
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N RICHTON 481 W 17.50 FT 482 LINWOOD HEIGHTS SUB L35 P6 PLATSW C R 12/201 52.50 X 120.50
  • Water: Public
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Erick Howard , Amin Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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