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3240 Richton Street

Detroit, MI 48206
Square Ft.
5,040
Active
Multifamily
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$385,000
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… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of House Of May, (248) 525-1552.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multifamily
Square Ft.
5,040
Lot Size
0.14 Acres
Year Built
1925
MLS Number
20251030222
30 Days Snapshot Of 48206
$166k
-28%
(avg) sold price
14
-36%
homes sold
87
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
4 total units, 2 leased units, Built in 1925, Architectural style: Quadruplex, Brick, 5,040 total square feet, 5,040 combined square feet, 2,520 total basement square feet, Unit count: 4
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Hot Water, Natural Gas
Lot
Lot size area: 0.14, Lot size dimensions: 52.5X120.5
Miscellaneous
Gross scheduled income: $16,200, Income projection: Actual, Monthly rental income: $1,350, Net operating income: $12,500
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $3,663, Tax amount (winter): $4,478
Sewer
Sewer at Street
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Ed Roberts
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Schools In The Area

Check out nearby schools with ratings and contact info.
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Central Academy and High School 313-252-3000 Public 9-12
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Central Academy and High School 313-252-3000 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via KNE Realty 360 and Kristi Roberts, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via KNE Realty 360 and Kristi Roberts, Listing Information © Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.