3240 Richton ST, Detroit, MI 48206
$385,000
Est. payment /mo
4 Baths
5,040 SqFt
Sold on 03/30/2026

3240 Richton ST Detroit, MI 48206

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Cyrus Wheeler
Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $78

Subdivision Linwood Heights

MLS Listing ID 20251030222

Sold Date 03/30/26

Style Quadruplex

Full Baths 4

Year Built 1925

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

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!

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Poured

Sewer Sewer At Street

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K, VaLoan

Listing Terms Cash, Contract, Conventional, FHA, FHA203K, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed No


Realcomp MLS
Listed by Lamar Turner of House Of May
Bought with House Of May

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

Name
Phone*
Message

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3240 Richton ST