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338 Richter Street River Rouge, MI $ 150,000
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$ 150,000 Get more info
338 Richter Street
$ 150,000
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338 Richter Street

River Rouge, MI, 48218
$ 150,000
Bedrooms2 Baths2.0 Sq 1,728

Monthly Estimate*

$ 924

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338 Richter Street, River Rouge, MI 48218 - Image 14

Multi-Family Home for sale in River Rouge, MI

for $150,000 with 2 bedrooms and 2 full baths. This 1,728 square foot home was built in 1929 on a lot size of 0.11.

INVESTOR SPECIAL – TWO-FAMILY BRICK FLAT FOR SALE! Don’t miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant amount of work and money has already been invested, allowing the next owner to complete the renovation and maximize returns. Perfect for a buy-and-hold investor, house hacker, or fix-and-flip opportunity. Motivated Seller – Distressed Situation Creates Opportunity! Whether you’re looking to generate rental income or build equity through renovation, this property offers tremendous upside potential. A must see, Opportunities like this don’t last long!

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Multi-Family Active

Price

$ 150,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,462

Style

Upper Lower Apartment

Lot Size

0.11

Year Built

1929

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

20261042628
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas SeparateMeters
Possession AtClose
Garage Spaces 0.0
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1929
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name HOODS SUB
Garage Y/N N
Full Baths 2
Status Active
Directions South of Jefferson
City RiverRougeCity_Wayne
Disclosures NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RiverRouge
Zoning Description MultiFamily Residential
Number Of Units Total 2
MLS Area Area05144RiverRouge
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 3462.0
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 Vacant
Tax Assessed Value 35500
Expected Active Date 2026-06-08
Legal Description 496A95 96A LOT 95 ALSO NLY 19 FT OF LOT 96 HOODS SUB PC 496 L16 P3 WCR
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1728.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public WateratStreet
Foundation Details Basement Poured
Spa N
Lot Dimensions 49X100
Lot Size Acres 0.11
Waterfront Y/N N
Road Frontage Type Alley Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 338
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* Excluded Features
List By
Kelly Wilson

Listing Agent

Harvest Homes Realty

Broker

(313) 495-3298

Phone

Affordability Calculator

$1,212
Per Month
76%
24%
0%
Monthly Principal & Interest
$924
Monthly Property Taxes
$289
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
4909550 Elementary School
4909826 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/9/2026$150,000 Listed Price

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338 Richter Street, River Rouge, MI, 48218 is a Multi-Family Home for sale at $150,000 with 1,728 sqft and a lot size of 0.11. 338 Richter Street has 2 bedrooms, 2.0 baths, and was built in 1929. The property's zip code is 48218 which is in River Rouge, MI

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