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Additional details
$ 385,000
Est. payment /mo
Active
3240 Richton ST Detroit, MI 48206
4 Baths
5,040 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $76
Subdivision Linwood Heights
MLS Listing ID 20251030222
Style Quadruplex
Full Baths 4
Year Built 1925
Property Sub-Type MultiFamily
Property Description
Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don't miss this incredible investment opportunity! This newly renovated quadplex boasts four spacious units, each featuring 4 bedrooms, 1 bathroom and a stackable washer and dryer—a rare amenity in Metro Detroit multifamily housing. With nearly 6,000 sq. ft. of living space, this property is designed for strong rental demand and long-term appreciation. Two units are currently leased through January 2026, providing immediate and stable cash flow, while the remaining two units are vacant and move-in ready for either new tenants or an owner-occupant seeking additional income. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, residents will enjoy close proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you're an experienced investor expanding your portfolio or a first-time buyer looking for a lucrative house-hack opportunity, this quadplex is a must-see investment. Schedule your private showing today and secure this opportunity!
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Full, Unfinished
Interior
Heating HotWater, NaturalGas
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer SewerAtStreet
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K, VaLoan
Listing Terms Cash, Contract, Conventional, FHA, FHA203K, VaLoan
Special Listing Condition ShortSaleNo, Standard
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Listed by Lamar Turner of House Of May