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338 Richter Street

River Rouge, Michigan 48218
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Bed 4

Bed

Bath 2

Bath

SqFt1,728

Sqft

Acres0.11

Acre(Lot)

INVESTOR SPECIAL – TWO-FAMILY BRICK FLAT FOR SALE! Don’t miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant amount of work and money has already been invested, allowing the next owner to complete the renovation and maximize returns. Perfect for a buy-and-hold investor, house hacker, or fix-and-flip opportunity. Motivated Seller – Distressed Situation Creates Opportunity! Whether you’re looking to ge nerate rental income or build equity through renovation, this property offers tremendous upside potential. A must see, Opportunities like this don’t last long!

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Detail Ic Property Details

Property Type : Multifamily

Price : $150,000

AD Id : 81481131

MLS Id : 20261042628

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 1,728

Year Built : 1929

County : Wayne

Subdivision: Hoods Sub

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Forced Air,Separate Meters Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1929 Building Stories: 3 Story Total Units: 2 Foundation/Basement: Basement Architecture: Upper/Lower Apartment
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Sewer at Street
  • Water

    Public (Municipal),Water at Street

  • Lot Information

    Lot Size: 0.11 Lot Dimensions: 49X100
  • Property Information

    SQ ft: 1728 Subdivision: Hoods Sub Financing: Cash

  • Listing Price Information

    Original List Price: $150,000
  • Listing Information

    Possession: At Close Legal Description: 496A95 96A LOT 95 ALSO NLY 19 FT OF LOT 96 HOODS SUB PC 496 L16 P3 WCR

  • Tax Information

    Annual Tax: $3,462 Parcel Number: 50005060095300
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: 496A95 96A LOT 95 ALSO NLY 19 FT OF LOT 96 HOODS SUB PC 496 L16 P3 WCR

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: River Rouge
  • Utility Information

    Water: Public (Municipal),Water at Street Sewer: Sewer (Sewer-Sanitary),Sewer at Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
216 Goodell Street , River Rouge, MI, 48218 $155,000 4 -- --
136 Batavia Street , River Rouge, MI, 48218 $425,000 4 -- --
248 Richter Street , River Rouge, MI, 48218 $319,900 10 6 3,691 3,691 SqFt
162 Burke Street , River Rouge, MI, 48218 $399,900 7 6 2,692 2,692 SqFt
426 Genessee Street , River Rouge, MI, 48218 $195,000 6 5.5 2,568 2,568 SqFt
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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 06/18/2026 @ 09:05

MLS: 20261042628 LISTED BY: Kelly Wilson , Harvest Homes Realty 313-694-3999 SOURCE: Realcomp II Ltd

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