3240 Richton St Detroit, MI 48206
Dexter-Linwood NeighborhoodEstimated payment $2,729/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1925
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 52.5x120.5
Home Design
- Quadruplex
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 4 Full Bathrooms
- 5,040 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Sewer in Street
Community Details
- 4 Units
- Linwood Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number W12I003780S
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | For Sale | $385,000 | +6.9% | $76 / Sq Ft |
| 04/26/2023 04/26/23 | Sold | $360,000 | 0.0% | $71 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $360,000 | +928.6% | $71 / Sq Ft |
| 05/19/2021 05/19/21 | Sold | $35,000 | -22.2% | $7 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | Price Changed | $45,000 | -8.2% | $9 / Sq Ft |
| 04/12/2021 04/12/21 | For Sale | $49,000 | 0.0% | $10 / Sq Ft |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $49,000 | +122.7% | $10 / Sq Ft |
| 05/20/2019 05/20/19 | Sold | $22,000 | 0.0% | $4 / Sq Ft |
| 04/26/2019 04/26/19 | Pending | -- | -- | -- |
| 04/24/2019 04/24/19 | For Sale | $22,000 | -- | $4 / Sq Ft |
Source: Realcomp
MLS Number: 20251030222
APN: 12-003780.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 3273 Cortland St
- 3295 Monterey St
- 3000 Cortland St
- 12170 Dexter Ave
- 3330 Sturtevant St
- 3000 Sturtevant St
- 3225 Leslie St
- 3025 Tuxedo St
- 2979 Tuxedo St
- 2716 Elmhurst St
- 3281 Glendale St
- 2964 Leslie St
- 2683 Sturtevant St
- 3267 Webb St
- 3840 Cortland St
- 2979 Glendale St
- 3790 Fullerton St
- 2676 Sturtevant St
- 4000 Cortland St
- 3018 Burlingame St
- 3239 Cortland St
- 3030 Cortland St
- 2995 Richton St
- 2931 Cortland St
- 3225 Leslie St
- 12745 Lawton St
- 2704 Webb St
- 3250 Tyler St
- 4213 Duane St
- 3224 Calvert St
- 4221 Buena Vista St
- 4046 Tyler St
- 2956 Clements St
- 3311 W Grand St
- 2684 Clements St
- 4045 Clements St Unit Top 2E
- 3745 W Grand St
- 2936 Pasadena St
- 2936 Pasadena St
- 13535 La Salle Blvd