7
See all 7 photos
$200,000
Est. payment /mo
2 Baths
4,356 Sqft Lot
Active
3222 Richton Street Detroit, MI 48206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261015578
HOA Y/N true
Year Built 1926
Annual Tax Amount $2,784
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X120.5
Source Realcomp
Property Description
Prime multifamily investment opportunity located in Detroit's historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum.Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit's residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity.Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015583, 20261015586, 20261015683
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction From Davison head South on Dexter to Richton. Head East on to Richton. Home will be on the left.
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I003782S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by KW Professionals
NEARBY SCHOOL & BUSINESS