3240 Richton Street, Detroit, MI 48206 - MLS#20251030222

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$385,000

Est. payment - /mo

4 Beds

4 Baths

5,040 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $76

Subdivision Linwood Heights

MLS Listing ID 20251030222

Style Quadruplex

Bedrooms 4

Full Baths 4

Year Built 1925

Annual Tax Amount $8,141

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 52.5X120.5

Property Sub-Type Quadruplex

Source Realcomp II Ltd

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 Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction Dexter To Richton

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer at Street

Water Public (Municipal)

Architectural Style Quadruplex

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed No

Tax ID W12I003780S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Conventional, FHA, FHA 203K, VA

Listing Terms Cash, Contract, Conventional, FHA, FHA 203K, VA

Financing Cash,Contract,Conventional,FHA,FHA 203K,VA

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Listed by Lamar Turner of House Of May

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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3240 Richton Street Detroit, MI 48206

Jason Miller

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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