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3230 Richton

Detroit, MI 48206
  • $175,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 20261044818
UPDATED: 30 min ago
$175,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,040
    SQFT
  • $35
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

School District:

Description

Neighboring property with the same specs sold for $395k! Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning. Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit's growing neighborhoods.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
www.sellsmi.com/homes/177907177
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3230 Richton Detroit, MI 48206

  • Price: $175,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 30 min ago
  • MLS #: 20261044818
0
Beds
5
Baths
0
½ Baths
0.14
Acres
5,040
SQFT
$35
$/SQFT
1925
Built
Neighborhood:
Linwood Heights
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
Neighboring property with the same specs sold for $395k! Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning. Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit's growing neighborhoods.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 52.5X120.5 Roads Paved Street Structure Style 2 Story Styles Colonial Waterfront YN No

Interior Features

Basement Type Block Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms Cash For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Net Operating Income 0 Ownership Private Property Type Multi-Family SEV 65500 Subject To Short Sale Approval No Summer Tax Amount 2812 Taxable Value 34636 Total Tax Amount 4541 Water Public Water Winter Tax Amount 1729 Zoning Multi-Family

Listing courtesy of Keller Williams Somerset : 248-649-7200.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507