Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
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$ 285,000

5 Baths

4,960 SqFt


$ 285,000

5 Baths

4,960 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active Under Contract

Purchase Type For Rent

Square Footage 4,960 sqft

Subdivision Linwood Heights

MLS Listing ID 20251055033

Style Quadruplex

Full Baths 4

Half Baths 1

Year Built 1924

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property 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!

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features OnStreet, Other, SharedDriveway

Pool None

Utilities Available CableAvailable, UndergroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K

Listing Terms Cash, Contract, Conventional, FHA, FHA203K

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Cats Ok, Dogs Ok

Virtual Tour https://site.windowstill.com/2928-Richton-St-1

Realcomp MLS
Listed by Erick Howard of Amin Realty
SCHOOLSPROPERTIES
Elementary Schools 20
  • 5

    McDonald Elementary School

    Public | PK - 5

  • 5

    New Paradigm Loving Academy

    Public | KG - 8

  • 4

    Hope Academy

    Public | KG - 8

  • 4

    New Paradigm Glazer Academy

    Public | KG - 8

  • 4

    University Preparatory Academy (PSAD) Elementary School

    Public | KG - 5

  • 3

    Noble Elementary-Middle School

    Public | PK - 8

  • 3

    Bagley Elementary School

    Public | PK - 6

  • 3

    Palmer Park Preparatory Academy

    Public | PK - 8

  • 3

    Joy Preparatory Academy

    Public | 3 - 8

  • 3

    Robeson/Malcolm X Academy

    Public | PK - 8

  • 3

    Durfee Elementary-Middle School

    Public | KG - 8

  • 3

    George Crockett Academy

    Public | KG - 8

  • 2

    Flagship Charter Academy

    Public | KG - 8

  • 2

    Sampson-Webber Leadership Academy

    Public | PK - 8

  • 2

    Thirkell Elementary-Middle School

    Public | PK - 8

  • 2

    Henry Ford Academy:School for Creative Studies-Ele

    Public | KG - 5

  • 1

    Mackenzie Elementary-Middle School

    Public | PK - 8

  • 1

    Allen Academy

    Public | KG - 12

  • 1

    Durfee Elementary-Middle School

    Public | PK - 8

  • 1

    Barber Preparatory Academy

    Public | KG - 8

Middle Schools 3
  • 1

    Douglass Academy for Young Men

    Public | 6 - 12

  • 0

    Ace Academy (Seventy-Day Adventist) - Lincoln Center

    Public | 6 - 12

  • 0

    Catherine Ferguson Academy

    Public | 7 - 12

High Schools 12
  • 1

    Central Academy and High School

    Public | 9 - 12

  • 1

    Detroit Collegiate Preparatory High School at Northwestern

    Public | 9 - 12

  • 1

    Detroit Collegiate Preparatory High School @ North

    Public | 9 - 12

  • 0

    Mumford High School

    Public | 9 - 12

  • 0

    Hazel Park Empowerment Impact Alternative School

    Public | 9 - 12

  • 0

    Central Collegiate Academy

    Public | 9 - 12

  • 0

    Detroit Collegiate Preporatory High School

    Public | 9 - 12

  • 0

    Northwestern South Wing

    Public | 9 - 12

  • 0

    Detroit City West Side Academy for Leadership Deve

    Public | 9 - 12

  • 0

    Highland Park Community High School

    Public | 9 - 12

  • 0

    Creative Learning Center - Highland Park

    Public | 10 - 12

  • 0

    Career Academy/Adult Education

    Public | 9 - 12

School and business data provided by Attom Data.
John Patrick McCabe

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 801-6090

johnpatrick.mccabe11@gmail.com

306 S Washington Ave, Royal Oak, MI, 48067, USA

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2928 Richton ST