2928 Richton, Detroit, MI 48206
Local realty services provided by:CENTURY 21 Northland
Listed by: erick howard
Office: amin realty
MLS#:61010585
Source:MI_REALSOURCE
Price summary
- Price:$249,900
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!...
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Home facts
- Year built:1924
- Listing ID #:61010585
- Added:15 day(s) ago
- Updated:July 29, 2026 at 10:47 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Basement Description:Block
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1924
- Lot area:0.14 Acres
- Construction Materials:Brick
- Exterior Features:Exterior Balcony, Porch
- Foundation Description:Basement, Block
- Levels:2 Story
Utilities
- Water:Public Water
- Sewer:Public At Street
Finances and disclosures
- Price:$249,900
- Tax amount:$1,563
Features and amenities
- Amenities:Cable/Internet Available
Parking
- Parking description:On Street Parking
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