3240 Richton

Detroit, MI 48206
  • $385,000

    Price
  • 0

    Bed
  • 4

    Bath
  • 5,040

    SqFt

About the Listing 108250 - 701227

Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don't miss this incredible investment opportunity! This newly renovated quadplex boasts four spacious units, each featuring 4 bedrooms, 1 bathroom and a stackable washer and dryer - a rare amenity in Metro Detroit multifamily housing. With nearly 6,000 sq. ft. of living space, this property is designed for strong rental demand and long-term appreciation. Two units are currently leased through January 2026, providing immediate and stable cash flow, while the remaining two units are vacant and move-in ready for either new tenants or an owner-occupant seeking additional income. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, residents will enjoy close proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you're an experienced investor expanding your portfolio or a first-time buyer looking for a lucrative house-hack opportunity, this quadplex is a must-see investment. Schedule your private showing today and secure this opportunity!

Listing Highlights for 3240 Richton

Status Active
Days on Site 21
Property Type Multi-Family
MLS ® 60930731
Year Built 1925
Total Square Footage 5,040
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 5040
  • Below Ground Sq Ft: n/a
  • Basement: Poured
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 52.5X120.5
  • Zoning: Multi-Family
  • Roof:
  • Others:
  • Sewer: Public At Street

Financial Details

  • Tax Amount: $8,141
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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3240 Richton Detroit, MI 48206

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Originating MLS: RealComp

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