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3240 Richton Street, 
Detroit, MI 48206

$385,000


Bed


4

Baths


5,040

Sq Ft


Multi-Family

Active

Listed by

Lamar Turner

House Of May

248-525-1552

Last updated:

August 25, 2025, 10:02 AM

MLS#

20251030222

Source:

MI REALCOMP

About This Home

3240 Richton Street

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!

Home Facts

Multi-Family

4 Baths

Built in 1925

Price Summary

385,000

$76 per Sq. Ft.

MLS #:

20251030222

Last Updated:

August 25, 2025, 10:02 AM

Added:

1 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

5,040 Sq. Ft.


Structure

Structure

Architectural Style:

Quadruplex

Year Built:

1925


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$385,000

Price per Sq. Ft:

$76 per Sq. Ft.

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