2928 Richton Street, Detroit, MI 48206

Detroit
Local realty services provided by:ERA Prime Real Estate Group
2928 Richton Street,Detroit, MI 48206
$249,900
  • - Beds
  • 5 Baths
  • 4,960 sq. ft.
  • Multi-family
  • Active
Listed by: erick howard
Office: amin realty
MLS#:20261053137
Source:MI_REALCOMP

Price summary

  • Price:$249,900
  • Price per sq. ft.:$50.38

About this home

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...

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Home facts

  • Year built:1924
  • Listing ID #:20261053137
  • Added:9 day(s) ago
  • Updated:July 20, 2026 at 09:59 AM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1
  • Basement Description:Full, Unfinished
  • Living area:4,960 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1924
  • Building area:4,960 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Quadruplex
  • Construction Materials:Brick
  • Exterior Features:Balcony, Covered, Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$50.38
  • Tax amount:$1,563

Parking

  • Parking description:On Street, Shared Driveway
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