8
See all 8 photos
$385,000
Est. payment /mo
4 Baths
6,098 Sqft Lot
New
3240 Richton Street Detroit, MI 48206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251030222
Year Built 1925
Annual Tax Amount $8,141
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 52.5X120.5
Source Realcomp
Property Description
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 is a must-see investment. Schedule your private showing today and secure this opportunity!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Dexter To Richton
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I003780S
Acceptable Financing Cash, Conventional, FHA, Contract, VA Loan
Listing Terms Cash, Conventional, FHA, Contract, VA Loan
Listed by House Of May
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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