2928 Richton Street
Detroit, Michigan 48206
12
Bed
4.5
Bath
4,960Sqft
0.14Acre(Lot)
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 d
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4.5 Full Baths: 4 Half Baths: 1 -
Room Information
Porches: Balcony,Porch - Covered,Porch,CoveredInterior Features
Cable Available,ENERGY STAR® Qualified Window(s) Roof: Asphalt Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1924 Building Stories: 2 Story Total Units: 4 Roof: Asphalt Foundation/Basement: Basement Architecture: Quadruplex -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.14 Lot Dimensions: 52.5X120.5 -
Property Information
SQ ft: 4960 Subdivision: Linwood Heights Financing: Cash,Conv. Blend Rt,Conventional,FHA,FHA 203K,VA
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Listing Price Information
Original List Price: $249,900 -
Listing Information
Possession: At Close Legal Description: N RICHTON 481 W 17.50 FT 482 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50
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Tax Information
Annual Tax: $1,563 Parcel Number: W12I003799SPossession
At CloseLegal Information
Legal Description: Section: N RICHTON 481 W 17.50 FT 482 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50
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Virtual Tour
Multi-Unit Information
Presently Zoned: 1 Road Frontage: PavedUnit 3 Information
# of Bedrooms: 4
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8438 Dexter Avenue , Detroit, MI, 48206 | $270,000 | 6 | 2 | 2,948 | 2,948 SqFt |
| 1634 W Philadelphia Str.., Detroit, MI, 48206 | $220,000 | 6 | -- | -- | |
| 1704 Pingree Street , Detroit, MI, 48206 | $129,000 | 6 | 2 | 1,920 | 1,920 SqFt |
| 2015 Gladstone Street , Detroit, MI, 48206 | $248,900 | 6 | 2 | 3,240 | 3,240 SqFt |
| 2256 W Philadelphia Str.., Detroit, MI, 48206 | $249,000 | 6 | 2.5 | 2,592 | 2,592 SqFt |
| 2262 Taylor Street , Detroit, MI, 48206 | $25,000 | 4 | 2.5 | 2,770 | 2,770 SqFt |
| 1714 Calvert Street , Detroit, MI, 48206 | $215,000 | 4 | 2.5 | 2,530 | 2,530 SqFt |
| 2517 Taylor Street , Detroit, MI, 48206 | $75,000 | 6 | 2 | 2,650 | 2,650 SqFt |
| 3757 Whitney Street , Detroit, MI, 48206 | $89,900 | 5 | 2 | 2,592 | 2,592 SqFt |
| 2900 Taylor Street , Detroit, MI, 48206 | $120,000 | 6 | 2.5 | 2,712 | 2,712 SqFt |
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ByOwner last updated this listing 07/27/2026 @ 23:20
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