3222 Richton Street Detroit, MI ^$ 199,900

3222 Richton Street

^$ 199,900

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3222 Richton Street

Detroit, MI, 48206

^$ 199,900

Studio Baths3.0 Sq 2,750

Monthly Estimate*

^$ 1,247

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Studio

Multi-Family Home for sale in Detroit, MI

for $199,900 with 3 full baths. This 2,750 square foot home was built in 1926 on a lot size of 0.1.

Turnkey income property in the heart of Detroit! Solid 2-story brick multi-family at 3222 Richton St featuring two spacious 3-bedroom, 1-bath units. Fully occupied with total monthly rent of $2,775, offering immediate cash flow and reliable tenants. Each unit provides generous living space and classic Detroit charm. Strong rental history and great location near major roads, schools, and ongoing neighborhood revitalization make this an excellent investment opportunity. Perfect for investors seeking stable returns and long-term growth potential in Detroit's thriving rental market. Seller will require an accepted offer with proof of funds before access can be permitted

Multi-Family Active

Price

^$ 199,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,258

Style

Lot Size

0.1

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60946039

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Community

Status Active Accepting Backup Offers

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1926

Subdivision Linwood Heights MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 28000

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 3

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Dexter and Davidson

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description N RICHTON 461 LINWOOD HEIGHTS SUB L35 P6 PLATS W C R 12/201 35 X 120.50

DOM 47

Postal Code 48206

Price Per Sq Ft Total AG 72.69

Public Remarks Turnkey income property in the heart of Detroit! Solid 2-story brick multi-family at 3222 Richton St featuring two spacious 3-bedroom 1-bath units. Fully occupied with total monthly rent of $2 775

Interior

Basement Block Common

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Lot Size Area 0.1

Lot Dimensions 35X120.5

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

David Rabior

Listing Agent

Clyde Realty Llc

Broker

davidrabior@gmail.com

Affordability Calculator

$1,519

Per Month

Monthly Principal & Interest: $1,247
Monthly Property Taxes: $272
Monthly Home Insurance: --

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Down Payment

Loan Term

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

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 19%

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
10/17/2025	$199,900		Listed Price

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3222 Richton Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $199,900 with 2,750 sqft and a lot size of 0.1. 3222 Richton Street is a studio with 3.0 baths and was built in 1926. 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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3222 Richton Street

Multi-Family Home for sale in Detroit, MI

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