MI
Wayne
Detroit City
48206
3240 Richton Street
3240 Richton Street, Detroit City, MI 48206
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Listing Type
Multi Family
Listing Status
Active
8
$385,000

Home Details for 3240 Richton Street

Price
$385,000
Type
Residential Income
Bedrooms
16
Bathrooms
4.0
Square feet
5040
Year built
1925
Lot size acres
0.14
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
184
MLS Listing#
20251030222
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!

Property Features
  • Heating Information
    • Hot Water
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • None
  • Water Features
    • Public
  • Utilities
    • Sewer Available
Listing Courtesy: House Of May - 248-525-1552
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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