$200,000

3222 Richton Street, Detroit, MI 48206

  • 2 baths |
  • 2,750 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Prime multifamily investment opportunity located in Detroit’s historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit’s residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015583, 20261015586, 20261015683

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 7:43AM
Listing Office:
KW Professionals : 7344594700
Listing Agent:
Michael Gerisch : 7347093339
MLS ID:
20261015578
  • Basement: Unfinished
  • A/C: Ceiling fansWindow units
  • Heating: Forced airNatural gas
  • Style: ColonialDuplex
  • Other Structures: CoveredPorch
  • Pool: None
  • Roofing: Asphalt
  • General: BrickTwoBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: N RICHTON 461 LINWOOD HEIGHTS SUB L35 P6 PLATSW C R 12/201 35 X 120.50W12I003782S
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Michael Gerisch , KW Professionals

Monthly Payment

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

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Location

Schools Nearby

D

Durfee Elementary-Middle School

2425 Tuxedo St, Detroit, MI, 48206

Grades KG-8

0.60 miles away

D

Durfee Elementary-Middle School

2425 Tuxedo St, Detroit, MI, 48206

Grades KG-8

0.60 miles away

C

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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