3240 Richton Street
Detroit, MI 48206
- – beds
- 4 baths
- 5,040 sqft
- 6,534 sqft lot
- $76 per sqft
- 1925 build
- – on site
Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don’t miss this incredible investment opportunity! This nearly renovated quadplex boasts four spacious units, each featuring 4 bedrooms and 1 bathroom—a rare find in Metro Detroit. With nearly 6,000 sq. ft. of living space, this multi-family property offers immense income potential. Current Rental Income: Two units are already leased at $1,100 per month, providing immediate cash flow, while the remaining two units are vacant and ready for owner-occupancy or additional tenants. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, this property offers proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you're a seasoned investor looking to expand your portfolio or a house-hacker seeking a high-income property, this quadplex is a must-see! Schedule your showing today!
Last checked:
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Last updated Feb 5, 2025
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MLS# 20250007619 —
The Building
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Year Built:1925
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Year Remodeled:2024
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Quadruplex
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Roof:Asphalt
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Levels:Two
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Basement:Full, Unfinished
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Basement:true
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Foundation Details:Basement, Poured
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Above Grade Finished Area:5040.0
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Below Grade Total Area:2520
Interior
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Fireplace:false
Room Dimensions
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Living Area:5040.0
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Living Area Source:Measured
Location
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Directions:Dexter to Richton
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Cross Street:Dexter and Davidson
The Property
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Parcel Number:W12I003780S
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.15
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Lot Size Area:0.15
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Lot Size Dimensions:53.00 x 121.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 525-1552
- Office phone:
- (248) 525-1552
Taxes
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Tax Legal Description:N RICHTON 458 W 17.50 FT 459 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50
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Tax Assessed Value:45300
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Tax Annual Amount:4066.0
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:HotWater, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:LINWOOD HEIGHTS (PLATS)
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Yes
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:false
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Parking Total:2.0
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Parking Features:TwoCarGarage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/4/25
Feb 4, 2025
|
Listed / Active | REALCOMP | $384,900 | |
|
2/4/25
Feb 4, 2025
|
Delisted / Withdrawn | REALCOMP | $384,900 | 1649.5% (288.6% / YR) |
|
5/20/19
May 20, 2019
|
REALCOMP | $22,000 |
