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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2928 Richton St , Detroit, MI 48206
$249,900
Est. Payment: $1,286.86/mo
0 Bed
5 Bath
0 Sqft
Status: active | Days on site: 23
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms—a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation.This well-maintained brick building offers major value, including:• Four (4) 3-bedroom units• Separate gas and electric meters—tenants pay their own utilities• Four (4) NEW furnaces—one for each unit, reducing future maintenance costs• Large living and dining rooms in each unit• Spacious kitchens with great layout potential• Shared basement with ample storage• Classic Detroit architectural characterWith high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio.Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth.Don’t miss out—schedule a tour today and discover the full potential of 2928 Richton Street!

Highlights

Listed by Erick Howard , 248-802-8522 Amin Realty , 833-264-6832. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1924

County

Wayne

School District

Detroit

Listing ID

20261053137

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:
Other:Public

Exterior Features

Principal Interest
$1,287
Taxes
$130

Home Price

$249,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$49,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,286.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,286.86 $130.25 $0.00 $1,417.11
Yearly $15,442.30 $1,563.00 $0.00 $17,005.30
Total $463,269.12 $46,890.00 $0.00 $510,159.12
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T03:56:44.000Z

© 2026 MichRIC