Map
Listed price in listed location currency (USD).
$249,900

050

MLS® 20261053137

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 4960 sqft
Garage 
Taxes $1,563
Days Active 34
Lot Size 0.14 Acres
Approx. Age 1924
Avg. Price Per Sqft $50
MLS® Number 20261053137

Property Address: 2928 Richton St, Detroit, MI, 48206-1164

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number20261053137
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
BasementFull, Unfinished
DrivewayOn Street, Other, Shared Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

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