2509 Richton Street Detroit, MI ^$ 40,000

2509 Richton Street

^$ 40,000

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2509 Richton Street

Detroit, MI, 48206

^$ 40,000

Bedrooms3 Baths1.0 Sq 1,114

Monthly Estimate*

^$ 250

2509 Richton Street, Detroit, MI 48206 - Image 1

2509 Richton Street, Detroit, MI 48206 - Image 2

2509 Richton Street, Detroit, MI 48206 - Image 3

2509 Richton Street, Detroit, MI 48206 - Image 4

2509 Richton Street, Detroit, MI 48206 - Image 5

2509 Richton Street, Detroit, MI 48206 - Image 6

2509 Richton Street, Detroit, MI 48206 - Image 7

2509 Richton Street, Detroit, MI 48206 - Image 8

Single Family Home for sale in Detroit, MI

for $40,000 with 3 bedrooms and 1 full bath. This 1,114 square foot home was built in 1923 on a lot size of 0.1.

Here's an investment opportunity in up and coming Dexter Linwood. This property has been stripped to the studs and is ready for the next owner to finish to taste. Solid candidate to flip, fix up and rent, or for a handy owner occupant looking to add value. Nice location near Boston Edison and Russell Woods. Minutes from Midtown, WSU Campus, downtown Detroit.

Single Family Active

Price

^$ 40,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,218

Style

Colonial

Lot Size

0.1

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60945368

Features

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Garage Detached Garage

Water Public Water Public Water at Street

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1923

Subdivision Lathrups John W Cortland Ave MI

Style Colonial

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions From Linwood...E on Richton

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S RICHTON 52 E 15 FT 53 JOHN W LATHRUPS CORTLAND AVE L30 P60 PLATS W C R 10/1

DOM 49

Postal Code 48206

Price Per Sq Ft Total AG 35.91

Public Remarks Here's an investment opportunity in up and coming Dexter Linwood. This property has been stripped to the studs and is ready for the next owner to finish to taste. Solid candidate to flip

Interior

Dining Room Level Entry

Basement Unfinished

Bedroom 3 Level Second

Bedroom 1 Level Second

Bedroom 2 Level Second

Beds 3

Fireplace? No

Total Rooms 7

Exterior

Exterior Wood

Frontage 45

Lot Size Area 0.1

Pool (Y/N) No

Lot Dimensions 45X100

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Benjamin Ness

Listing Agent

Clyde Realty Llc

Broker

benness313@gmail.com

Affordability Calculator

$351

Per Month

Monthly Principal & Interest: $250
Monthly Property Taxes: $102
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$133,523

Percent of Sale Price 234%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$40,000	-11.11%	Price Down
10/15/2025	$45,000		Listed Price

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2509 Richton Street, Detroit, MI, 48206 is a Single Family Home for sale at $40,000 with 1,114 sqft and a lot size of 0.1. 2509 Richton Street has 3 bedrooms, 1.0 baths, and was built in 1923. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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2509 Richton Street

Single Family Home for sale in Detroit, MI

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