3222 Richton Street Detroit, MI $ 200,000
3222 Richton Street
$ 200,000
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3222 Richton Street

Detroit, MI, 48206
$ 200,000
Baths2.0 Sq 2,750

Monthly Estimate*

$ 1,231

3222 Richton Street, Detroit, MI 48206 - Image 1
3222 Richton Street, Detroit, MI 48206 - Image 2
3222 Richton Street, Detroit, MI 48206 - Image 3
3222 Richton Street, Detroit, MI 48206 - Image 4
3222 Richton Street, Detroit, MI 48206 - Image 5
3222 Richton Street, Detroit, MI 48206 - Image 6
3222 Richton Street, Detroit, MI 48206 - Image 7
Studio

Multi-Family Home for sale in Detroit, MI

for $200,000 with 2 full baths. This 2,750 square foot home was built in 1926 on a lot size of 0.1.

Prime multifamily investment opportunity located in Detroit’s historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit’s residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015583, 20261015586, 20261015683

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Multi-Family Active

Price

$ 200,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,784

Style

Colonial,Duplex

Lot Size

0.1

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261015578

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CeilingFans WindowUnits
Possession Negotiable
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Colonial Duplex
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1926
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 33300.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LINWOOD HEIGHTS
Garage Y/N N
Full Baths 2
Status Active
Directions From Davison head South on Dexter to Richton. Head East on to Richton. Home will be on the left.
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2784.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 32900
Expected Active Date 2026-03-17
Legal Description N RICHTON 461 LINWOOD HEIGHTS SUB L35 P6 PLATS W C R 12/201 35 X 120.50
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2750.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 35X120.5
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3222
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* Excluded Features
List By
Michael Gerisch

Listing Agent

Kw Professionals

Broker

(734) 709-3339

Phone

Affordability Calculator

$1,463
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$200,000 Listed Price

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3222 Richton Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $200,000 with 2,750 sqft and a lot size of 0.1. 3222 Richton Street is a studio with 2.0 baths and was built in 1926. The property's zip code is 48206 which is in Detroit, MI