2928 Richton Street, Detroit, MI 48206
Local realty services provided by:CENTURY 21 Metro Brokers
2928 Richton Street,Detroit, MI 48206
$249,900
- - Beds
- 5 Baths
- 4,960 sq. ft.
- Multi-family
- Pending
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 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!...
Contact an agent
Home facts
- Year built:1924
- Subdivision & Development:LINWOOD HEIGHTS
- Listing ID #:20261053137
- Added:64 day(s) ago
- Updated:September 13, 2026 at 08:06 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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