2292 Richton Street
Detroit, Michigan 48206
66
Bed
22
Bath
2,104Sqft
0.10Acre(Lot)
High-yield Detroit duplex with stable income and value-add upside. Prime investment structure: two-unit duplex (multi-family zoning) with 3-bedroom units—ideal for long-term rental demand and simple portfolio scaling. Fully occupied with tenant possession and existing leases in place, delivering immediate cash flow from day one; rent reportedly includes sewer and water. Favorable operating footprint: 45 x 100 lot, paved road frontage, on-street parking and public utilities (water/sewer/cable available), simplifying management and lowering capital surprises. Solid building fundamentals: built 1923 with poured full basement (approx. 1,045 sq ft) and updated systems possible to prioritize for value-add; duplex layout and two-story configuration support unit-level renovations and ren
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 22 Full Baths: 22 -
Room Information
Porches: BalconyInterior Features
Cable Available Roof: Asphalt Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
-
Building Information
Year Built: 1923 Building Stories: 2 Story Total Units: 22 Roof: Asphalt Foundation/Basement: Basement Architecture: Duplex -
Exterior Features
Lighting Construction: Vinyl,Wood -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
-
Lot Information
Lot Size: 0.10 Lot Dimensions: 45X100 Frontage Feet: 45 -
Property Information
SQ ft: 2104 Subdivision: Monterea Financing: Cash,Conventional
-
Listing Price Information
Original List Price: $204,900 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. N RICHTON E 15' 79 78 MONTEREA SUB L28 P67 PLATS, W C R 8/137 45 X 100
-
Tax Information
Annual Tax: $1,782 Parcel Number: W08I003749SPossession
Subject To Tenant RightsLegal Information
Legal Description: Section: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. N RICHTON E 15' 79 78 MONTEREA SUB L28 P67 PLATS, W C R 8/137 45 X 100
-
Unit 3 Information
# of Bedrooms: 22
-
School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2713 Calvert Street , Detroit, MI, 48206 | $115,000 | 6 | 3.5 | 3,054 | 3,054 SqFt |
| 3465 Wager Street , Detroit, MI, 48206 | $25,000 | 10 | 4 | 3,326 | 3,326 SqFt |
| 3251 Calvert Street , Detroit, MI, 48206 | $330,000 | 7 | 3 | 2,839 | 2,839 SqFt |
| 2981 Richton Street , Detroit, MI, 48206 | $174,900 | 6 | 2.5 | 2,600 | 2,600 SqFt |
Similar Multifamily To 2292 Richton Street
Nearby For Sale
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 07/08/2026 @ 17:49
More Cities with for Sale by Owner Homes
- Detroit Homes For Sale By Owner
- River Rouge Homes For Sale By Owner
- Detroit Homes For Sale By Owner
- Hamtramck Homes For Sale By Owner
- Highland Park Homes For Sale By Owner
- Grosse Pointe Park Homes For Sale By Owner
- Dearborn Homes For Sale By Owner
- Grosse Pointe Homes For Sale By Owner
- Melvindale Homes For Sale By Owner
- Ecorse Homes For Sale By Owner
- Grosse Pointe Farms Homes For Sale By Owner
- Hazel Park Homes For Sale By Owner
- Ferndale Homes For Sale By Owner
- Harper Woods Homes For Sale By Owner
- Lincoln Park Homes For Sale By Owner
- Center Line Homes For Sale By Owner
- Pleasant Ridge Homes For Sale By Owner
- Allen Park Homes For Sale By Owner
- Eastpointe Homes For Sale By Owner
- Grosse Pointe Woods Homes For Sale By Owner
Homes around $204,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.