2928 Richton Street Detroit MI 48206 MLS #20261053137

2928 Richton Street
Detroit, MI, 48206
$249,900
Beds
5 Baths
4,960 SqFt
0.14 Acres
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MLS #20261053137 image #0
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!

Property Details

Price:
$249,900
MLS #:
20261053137
Status:
Active
Beds:
0
Baths:
5
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
LINWOOD HEIGHTS
Neighborhood:
area05043detlivernoisi756gdriver
Listed Date:
Jul 12, 2026
Finished Sq Ft:
4,960
Year Built:
1924
Short SaleQuadruplexArea05043detlivernoisi756gdriverArea05043detlivernoisi756gdriverLinwood HeightsDetroitCatsok, Dogsok

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
4960
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Quadruplex
Construction Materials
Brick
Exterior Features
Balcony
Parking Features
OnStreet, Other, SharedDriveway
Patio And Porch Features
Covered, Porch
Roof
Asphalt
Window Features
Energy Star Qualified Windows

Financial

Net Operating Income
$30,000
Taxes
$1,563

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Jul 16, 2026
3,597
Single Family Listed
123
Avg DOM
94
Avg $ / SqFt
$148,972
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 $249,900 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 $50. The average price per square foot for Single Family listings in Detroit is $94. The average listing price for Single Family in Detroit is $148,972. To schedule a showing of MLS#20261053137 at 2928 Richton Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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