3240 Richton Street, Detroit, MI 48206

Local realty services provided by:CENTURY 21 Dynamic Realty
3240 Richton Street,Detroit, MI 48206
$385,000
  • - Beds
  • 4 Baths
  • 5,040 sq. ft.
  • Multi-family
  • Active
Listed by: lamar turner
Office: house of may
MLS#:20251030222
Source:MI_REALCOMP

Price summary

  • Price:$385,000
  • Price per sq. ft.:$76.39

About this home

Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don’t miss this incredible investment opportunity! This newly renovated quadplex boasts four spacious units, each featuring 4 bedrooms, 1 bathroom and a stackable washer and dryer—a rare amenity in Metro Detroit multifamily housing. With nearly 6,000 sq. ft. of living space, this property is designed for strong rental demand and long-term appreciation. Two units are currently leased through January 2026, providing immediate and stable cash flow, while the remaining two units are vacant and move-in ready for either new tenants or an owner-occupant seeking additional income. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, residents will enjoy close proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you’re an experienced investor expanding your portfolio or a first-time buyer looking for a lucrative house-hack opportunity, this quadplex

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Home facts

  • Year built:1925
  • Listing ID #:20251030222
  • Added:113 day(s) ago
  • Updated:December 16, 2025 at 10:59 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,040 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:5,040 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Sewer at Street

Finances and disclosures

  • Price:$385,000
  • Price per sq. ft.:$76.39
  • Tax amount:$8,141
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