3240 Richton Street, Detroit, MI 48206

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Sold Price
$395,000
List Price
$385,000
Closing Date
Mar 30, 2026
Days on Market
153
MLS#
20251030222
Status
SOLD
Type
Multifamily
Bathrooms
4

Property Description

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!

Additional Information

Taxes
$8,141
Acres
0.14
Heating
Hot Water
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lamar Turner from Listing Office: House Of May.

Selling Agent: Selling Office: .

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