SoldSep 4, 2026

Bought with Marqui Anderson

Source: Multiple Listing Service MiRealSource #61010585

2928 Richton Street, Detroit, MI, 48206

$235,000

5
4960 sq. ft.
0.14 ac.

MultiFam

•

30+ days on the market

Sold: Sep 4, 2026

What's around 2928 Richton Street

About this property

Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms--a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation. This well-maintained brick building offers major value, including: * Four (4) 3-bedroom units * Separate gas and electric meters--tenants pay their own utilities * Four (4) NEW furnaces--one for each unit, reducing future maintenance costs * Large living and dining rooms in each unit * Spacious kitchens with great layout potential * Shared basement with ample storage * Classic Detroit architectural character With high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio. Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth. Don't miss out--schedule a tour today and discover the full potential of 2928 Richton Street!

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