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Listed price in listed location currency (USD).
$285,000

050

MLS® 20251055033

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4960 sqft
Garage No
Taxes $1,563
Days Active 57
Lot Size 0.14 acres
Approx. Age 1924
Avg. Price Per Sqft $57
MLS® Number 20251055033

Property Address: 2928 Richton St, Detroit, MI, 48206-1164

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number20251055033
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1924
BasementFull, Unfinished
DrivewayOn Street, Other, Shared Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Nov 18, 2025List Date
$285,000List Price
  • Commute

Commute

Starting Address
Destination Address
2928 Richton St, Detroit, MI

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