Back 2675 Richton Street
Off Market

2675 Richton Street

Detroit MI 48206

5
4870 sq. ft.
0.14 ac.
Multi-Family
Last sold for $310,000
Drake O'DonnellDrake O'Donnell, last sold this property on 15 June 2026 after 83 days on market.

Overview

Turnkey investment opportunity situated in the highly desirable Boston-Edison Historic District. This beautifully renovated property is fully occupied and producing $4,600 per month in rental income, offering immediate cash flow for investors seeking a stable addition to their portfolio. Extensive updates have been completed throughout the home, blending modern finishes with the timeless character that defines this historic neighborhood. Located in one of Detroit's most prominent and steadily revitalizing areas, the property provides convenient access to major employment hubs and some of the city's most recognized destinations. Residents enjoy close proximity to the Motown Museum, Henry Ford Hospital, and the vibrant shops, restaurants, and entertainment options along the Woodward Avenue corridor. The neighborhood is known for its stunning historic homes, mature tree-lined streets, and ongoing investment that continues to strengthen property values and tenant demand. With reliable rental income already established and a prime location within one of Detroit's most notable historic communities, this property presents an exceptional opportunity for investors focused on both strong cash flow and long-term appreciation potential.

Features

5 bathrooms
4870 sq. ft. floor area
0.14 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 2675 Richton Street is $110k.

Median value
$110k
Estimated value range
$5k - $1m
Median days on market
52
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2675 Richton Street

2026
Sold
$310,000
15 Jun 2026 by Drake O'Donnell, of NATOD Management
2023
Sold
Undisclosed
25 Jan 2023

Happy sellers in Detroit

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We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 81 multi families similar to 2675 Richton Street, have been sold.

This represents a 6% increase in multi families sales when compared to the previous 12 months.

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