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!
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!
Property Details
Price:
$285,000
MLS #:
20251055033
Status:
Active
Beds:
0
Baths:
5
Type:
Single Family
Subtype:
Multi Family
Subdivision:
LINWOOD HEIGHTS
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Nov 18, 2025
Finished Sq Ft:
4,960
Year Built:
1924
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Exterior Features
Balcony
Parking Features
OnStreet, Other, SharedDriveway
Roof
Asphalt
Financial
Taxes
$1,563
Map
Community
- Address2928 Richton Street Detroit MI
- SubdivisionLINWOOD HEIGHTS
- CityDetroit
- CountyWayne
- Zip Code48206
Market Summary
Current real estate data for Single Family in Detroit as of Dec 01, 2025
3,333
Single Family Listed
113
Avg DOM
83
Avg $ / SqFt
$154,368
Avg List Price
Property Summary
- Located in the LINWOOD HEIGHTS subdivision, 2928 Richton Street Detroit MI is a Single Family for sale in Detroit, MI, 48206. It is listed for $285,000 and features 0 beds, 5 baths, and has approximately 4,960 square feet of living space, and was originally constructed in 1924. The current price per square foot is $57. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $154,368. To schedule a showing of MLS#20251055033 at 2928 Richton Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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