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3240 Richton, Detroit, MI

Detroit
Local realty services provided by:CENTURY 21 Realty North
3240 Richton,Detroit, MI
$385,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: lamar turner
Office: house of may
MLS#:60930731
Source:MI_REALSOURCE

Price summary

  • Price:$385,000

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 #:60930731
  • Added:204 day(s) ago
  • Updated:February 22, 2026 at 08:27 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Poured

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1925
  • Lot area:0.14 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured

Utilities

  • Water:Public Water
  • Sewer:Public At Street

Finances and disclosures

  • Price:$385,000
  • Tax amount:$8,141

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