$150,000

338 Richter Street, River Rouge, MI 48218

  • 2 baths |
  • 1,728 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $87/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

INVESTOR SPECIAL – TWO-FAMILY BRICK FLAT FOR SALE! Don't miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant amount of work and money has already been invested, allowing the next owner to complete the renovation and maximize returns. Perfect for a buy-and-hold investor, house hacker, or fix-and-flip opportunity. Motivated Seller – Distressed Situation Creates Opportunity! Whether you're looking to generate rental income or build equity through renovation, this property offers tremendous upside potential. A must see, Opportunities like this don't last long!

Listing Status:
Active
Date Added:
June 8, 2026
Data Last Updated:
July 5, 2026 at 4:45AM
Listing Office:
Harvest Homes Realty : 313-694-3999
Listing Agent:
Kelly Wilson : 313-495-3298
MLS ID:
61000346
  • Basement: Poured
  • Heating: Forced Air
  • General: BrickBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: River Rouge School District
  • County: Wayne
  • Zoning: 496A95 96A LOT 95 ALSO NLY 19 FT OF LOT 96 HOODS SUB PC 496 L16 P3 WCR
  • Water: PublicPublic Water at Street
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Kelly Wilson , Harvest Homes Realty

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby