Back to search
194 Richter Street River Rouge, MI $ 198,900
Share Save
$ 198,900 Get more info
194 Richter Street
$ 198,900
Back to search
Share Save

194 Richter Street

River Rouge, MI, 48218
$ 198,900
Baths0.0

Monthly Estimate*

$ 1,241

194 Richter Street, River Rouge, MI 48218 - Image 1
194 Richter Street, River Rouge, MI 48218 - Image 2
194 Richter Street, River Rouge, MI 48218 - Image 3
194 Richter Street, River Rouge, MI 48218 - Image 4
194 Richter Street, River Rouge, MI 48218 - Image 5
194 Richter Street, River Rouge, MI 48218 - Image 6
194 Richter Street, River Rouge, MI 48218 - Image 7
194 Richter Street, River Rouge, MI 48218 - Image 8
194 Richter Street, River Rouge, MI 48218 - Image 9
194 Richter Street, River Rouge, MI 48218 - Image 10
194 Richter Street, River Rouge, MI 48218 - Image 11
194 Richter Street, River Rouge, MI 48218 - Image 12
194 Richter Street, River Rouge, MI 48218 - Image 13
194 Richter Street, River Rouge, MI 48218 - Image 14
194 Richter Street, River Rouge, MI 48218 - Image 15
194 Richter Street, River Rouge, MI 48218 - Image 16
Studio

Multi-Family Home for sale in River Rouge, MI

for $198,900. This home was built in 1916 on a lot size of 0.14.

Check out this prime investment opportunity at 194 Richter, River Rouge—a 8-bedroom, 4-bathroom quadplex currently operating as a rental! This well-maintained property features four spacious units, each crafted for comfortable living, ensuring steady rental income. Perfect for investors or those seeking a hassle-free income property, this quadplex offers strong cash flow potential in a desirable River Rouge location. Don't miss your chance to own this income-producing gem! This property also includes 192 Richter. This property is currently rented at $3,200 per month. No showings without an accepted offer.

See more
Multi-Family Active

Price

$ 198,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,643

Style

2 to 4 Units

Lot Size

0.14

Year Built

1916

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

25045314
Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Construction Materials Brick Vinyl Siding
Year Built 1916
Tenant Pays Electric Gas
Township River Rouge City
Property Subtype 2 to 4 Units
Tax Year 2024
Ownership Broker/Agent Owned
County Wayne
New Construction N
Property Type Multi Family
Status Active
City River Rouge
High School District River Rouge
Number Of Units Total 4
MLS Area Wayne County - 100
Lot Size Units Acres
Lot Size Square Feet 6098.0
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3643.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 54668
Legal Description 496A22 496A23 LOTS 22 AND 23 HOODS SUB PC 496 L16 P3 WCR
Senior Community None
See more
Interior
Basement Partial
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
See more
Exterior
Total Parking 4.0
Lot Size Area 0.14
Number of Buildings 1
Spa N
Lot Dimensions 60X100
Lot Size Acres 0.14
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 194
See more
* Excluded Features
List By
Cornerstone Real Estate

Broker

jeremy@cornerstonemi.com

Email

Affordability Calculator

$1,544
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,241
Monthly Property Taxes
$304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4491394 Elementary School
4491392 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/12/2025$198,900 -0.50% Price Down
9/4/2025$199,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

194 Richter Street, River Rouge, MI, 48218 is a Multi-Family Home for sale at $198,900 with a lot size of 0.14. 194 Richter Street is a studio with 0.0 baths and was built in 1916. The property's zip code is 48218 which is in River Rouge, MI

Get more info