INVESTOR SPECIAL – TWO-FAMILY BRICK FLAT FOR SALE!
Don’t miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant amount of work and money has already been invested, allowing the next owner to complete the renovation and maximize returns. Perfect for a buy-and-hold investor, house hacker, or fix-and-flip opportunity. Motivated Seller – Distressed Situation Creates Opportunity!
Whether you’re looking to generate rental income or build equity through renovation, this property offers tremendous upside potential. A must see, Opportunities like this don’t last long!
Don’t miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant amount of work and money has already been invested, allowing the next owner to complete the renovation and maximize returns. Perfect for a buy-and-hold investor, house hacker, or fix-and-flip opportunity. Motivated Seller – Distressed Situation Creates Opportunity!
Whether you’re looking to generate rental income or build equity through renovation, this property offers tremendous upside potential. A must see, Opportunities like this don’t last long!
Property Details
Price:
$150,000
MLS #:
20261042628
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
HOODS SUB
Neighborhood:
area05144riverrouge
Listed Date:
Jun 8, 2026
Finished Sq Ft:
1,728
Year Built:
1929
See this Listing
Schools
School District:
RiverRouge
Interior
Above Grade Finished Area
1728
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas, Separate Meters
Levels
Three
Exterior
Architectural Style
UpperLowerApartment
Construction Materials
Brick
Financial
Taxes
$3,462
Map
Community
- Address338 Richter Street River Rouge MI
- SubdivisionHOODS SUB
- CityRiver Rouge
- CountyWayne
- Zip Code48218
Subdivisions in River Rouge
- ABBOTT & BEYMERS GREAT LAKES SUB
- ADDITION TO FURGASONS SUB
- ASSRS RIVER ROUGE 4
- BELLAIRES SUB
- BROWNLEES SUB
- BURKE & RIOPELLES GRAND CENTRAL SUB
- BURKE & RIOPELLES SUB
- BURKE BROS SUB
- CHARLES NEIMANS SUB
- CHAS A VISGERS SUB
- ELIZABETH SUB
- FURGASONS 3RD ADD
- HAMMAND SUB
- HOODS SUB
- JOHN NEIMANS SUB
- JOSEPH H BERRYS RIVER ROUGE SUB
- RAUPPS & OULMANN RESUB
- RIOPELLE & BURKES SUB
- RIVER ROUGE IMPROV COS SUB
- RIVER ROUGE IMPROV COS SUB 2
- RIVER ROUGE PARK SUB
- RIVER ROUGE URBAN RENEWAL 1
- ROEHRIG & DEBOS HIGHLAND SUB-RIVER ROUGE
- THE GILT EDGE SUB
Market Summary
Current real estate data for Single Family in River Rouge as of Jun 20, 2026
46
Single Family Listed
86
Avg DOM
88
Avg $ / SqFt
$129,953
Avg List Price
Property Summary
- Located in the HOODS SUB subdivision, 338 Richter Street River Rouge MI is a Single Family for sale in River Rouge, MI, 48218. It is listed for $150,000 and features 0 beds, 2 baths, and has approximately 1,728 square feet of living space, and was originally constructed in 1929. The current price per square foot is $87. The average price per square foot for Single Family listings in River Rouge is $88. The average listing price for Single Family in River Rouge is $129,953. To schedule a showing of MLS#20261042628 at 338 Richter Street in River Rouge, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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