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 space, this property is designed for strong rental demand and long-term appreciation. Two units are currently leased through January 2026, providing immediate and stable cash flow, while the remaining two units are vacant and move-in ready for either new tenants or an owner-occupant seeking additional income. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, residents will enjoy close proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you’re an experienced investor expanding your portfolio or a first-time buyer looking for a lucrative house-hack opportunity, this quadplex is a must-see investment. Schedule your private showing today and secure this opportunity!
Property Details
Price:
$385,000
MLS #:
20251030222
Status:
Active
Beds:
0
Baths:
4
Address:
3240 Richton Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
LINWOOD HEIGHTS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Aug 24, 2025
State:
MI
Finished Sq Ft:
5,040
ZIP:
48206
Year Built:
1925
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
More About LiaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Financial
Taxes
$8,141
Map
Community
- Address3240 Richton Street Detroit MI
- SubdivisionLINWOOD HEIGHTS
- CityDetroit
- CountyWayne
- Zip Code48206
Similar Listings Nearby
- 7115 Steadman Street
Dearborn, MI$499,900
4.41 miles away
- 14600 W Warren
Dearborn, MI$499,900
4.25 miles away
- 19565 Cumberland Way
Detroit, MI$499,900
3.65 miles away
- 1748 FERRY PARK ST
Detroit, MI$495,000
2.29 miles away
- 1539 Sycamore Street
Detroit, MI$493,000
3.97 miles away
- 18214 Parkside Street
Detroit, MI$489,900
2.84 miles away
- 901 CHICAGO BLVD
Detroit, MI$485,900
1.42 miles away
- 19650 Stratford Road
Detroit, MI$480,000
3.81 miles away
- 7527 HARTWELL ST
Dearborn, MI$459,900
3.51 miles away
- 19390 Canterbury Road
Detroit, MI$450,000
3.55 miles away

3240 Richton Street
Detroit, MI
LIGHTBOX-IMAGES