$193,000
 $1,036 est/mo Sourced by Back At You

2988 Richton Street,Detroit, MI 48206

Detroit, MI 48206

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Description

INVESTMENT OPPORTUNITY! 2986 and 2988 Richton Street are multifamily properties offering approximately 2,600 square feet in Detroit. 2988 Richton is vacant. This property may be purchased individually or as part of a 25-property investment portfolio consisting of 24 additional properties throughout Detroit. The portfolio includes a mix of tenant-occupied and vacant properties, providing investors with an opportunity to acquire individual assets or a substantial residential portfolio in a single transaction. Contact the listing broker for the complete list of properties, portfolio pricing, rent roll, occupancy information, lease details, and additional information. Individual and portfolio offers will be considered. 2986 Richton is currently rented out for 1,400 a month. Do not distrub tenant

Details

MLS #61019327
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1927
Days On Site65
Listing Provided ByFive Star Luxury Realty | Antwuan Hawkins

Features

Bath(s) 3 Total
SQ Feet2,600
BasementY
Story(s)2
Units2
ZoningResidential
Acreage0.10

Interior

Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsBrick
Foundation DetailsBasement

Other

List AorReal Comp

Taxes

Property3726

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Community NameLinwood Heights
Listing VS Median (in Linwood Heights)
Price:
$193,000
low | high
Med:
$139,950
77.487046632124% of Average
sqft:
2,600
low | high
Med:
2,737
44.730769230769% of Average
$ / sqft:
$74
low | high
Med:
$51
81.138609855142% of Average
On site:
65
low | high
Med:
149
43.624161073826% of Average
Sourced by Back At You

Market Activity 48206

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Community NameLinwood Heights
Listing VS Median (in Linwood Heights)
Price:
$193,000
low | high
Med:
$139,950
77.487046632124% of Average
sqft:
2,600
low | high
Med:
2,737
44.730769230769% of Average
$ / sqft:
$74
low | high
Med:
$51
81.138609855142% of Average
On site:
65
low | high
Med:
149
43.624161073826% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $144K - $241K
sqft: 1,500 - 3,000
Listing Updated: September 29, 2026 at 6:00:35 AM PDT