2675 Richton Street

Off Market

2675 Richton Street

Detroit MI 48206

4870 sq. ft.

0.14 ac.

Multi-Family

Last sold for $310,000

Drake 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 $115k.

Median value

$115k

Estimated value range

$5k - $1m

Median days on market

Estimated value trend

29%

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

94%

94% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Detroit over the last 12 months.

Local market activity for multi families in Detroit

In the last 12 months, 86 multi families similar to 2675 Richton Street, have been sold.

This represents a 16% decrease in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Detroit for a market analysis.

Randall Fogelman

at O'Connor Realty Inc

(93 reviews)

Get a market analysis

Erik Hill

at Nika & Co

4.9

(15 reviews)

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Mark Poloney

(3 reviews)

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Nada Chamoun

at Paloma Realty

(13 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

Randall Fogelman

Sellers who recommend Randall Fogelman have praised them for being local expert, supportive, responsive, reliable, clear communication, great negotiation, and patient