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3230 Richton Street Detroit, MI $ 220,000
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$ 220,000 Get more info
3230 Richton Street
$ 220,000
Back to search
Share Save

3230 Richton Street

Detroit, MI, 48206
$ 220,000
Baths4.0 Sq 5,040

Monthly Estimate*

$ 1,373

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Studio

Multi-Family Home for sale in Detroit, MI

for $220,000 with 4 full baths. This 5,040 square foot home was built in 1925 on a lot size of 0.14.

Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning. Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit’s growing neighborhoods.

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Multi-Family Active

Price

$ 220,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,565

Style

Colonial

Lot Size

0.14

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251050914
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed No
Year Built 1925
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LINWOOD HEIGHTS
Garage Y/N N
Full Baths 4
Status Active
Directions N of Windermere W of Linwood
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 4565.0
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 34636
Expected Active Date 2025-11-06
Legal Description N RICHTON E 17.50 FT 459 460 LINWOOD HEIGHTS SUB L35 P6 &LATS W C R 12/201 52.50 X 120.50
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 5040.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 52.5X120.5
Lot Size Acres 0.14
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 3230
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* Excluded Features
List By
Joseph Hammel

Listing Agent

Keller Williams Somerset

Broker

(248) 422-1685

Phone

Affordability Calculator

$1,753
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,373
Monthly Property Taxes
$380
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/6/2025$220,000 Listed Price

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3230 Richton Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $220,000 with 5,040 sqft and a lot size of 0.14. 3230 Richton Street is a studio with 4.0 baths and was built in 1925. The property's zip code is 48206 which is in Detroit, MI

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