3240 Richton Street, Detroit city, Michigan

$385,000

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4

Baths

5,040

Square feet

0.14

Acres

About 3240 Richton Street

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!

Features of 3240 Richton Street

MLS® # 20251030222
Price $385,000
Bathrooms 4.00
Full Baths 4
Square Footage 5,040
Acres 0.14
Year Built 1925
Type Multifamily
Sub-Type Quadruplex
Style Quadruplex
Status Active

Community Information

Address 3240 Richton Street
Area 05043 - Det: Livernois-I75 6-Gd River
Subdivision LINWOOD HEIGHTS
City Detroit city
County Wayne
State Michigan
Zip Code 48206

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Hot Water, Natural Gas
Fireplace No

Exterior

Construction Brick
Foundation Basement, Poured

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHouse Of May
Contact Infolttherealtor@gmail.com

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