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Jim Blehm

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

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3320 Richton St , Detroit, MI 48206
$220,000
Est. Payment: $488.89/mo
0 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 129
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House Description

Step into the possibilities at 3320 Richton a spacious brick multifamily property nestled in one of Detroit’s historic and steadily revitalizing neighborhoods. With approximately 2,800 square feet of living space plus a finished lower level, this property offers the kind of scale and flexibility that’s becoming harder to find in the city.Whether you're an investor looking to expand your portfolio, a homeowner seeking additional rental income, or a visionary buyer wanting to restore a classic Detroit property to its full potential, this home delivers opportunity from every angle.Configured as a 2-unit property, the layout creates multiple paths for ownership and income generation. Live in one unit while renting the other, create a multigenerational living setup, or renovate and reposition the property as a long-term investment in an area seeing renewed interest and redevelopment.Inside, you'll find generously sized bedrooms, solid structural character, and the timeless charm of Detroit architecture from the 1920s. The finished basement adds additional usable space and flexibility for storage, recreation, or future improvements.Located near major thoroughfares including Davison and Dexter, the property offers convenient access to Downtown Detroit, the Livernois corridor, the University District area, and growing community investments throughout the surrounding neighborhoods.For buyers with vision, this is more than just a property it’s a chance to participate in Detroit’s continued growth while creating value and equity along the way.With the right updates and personal touch, 3320 Richton has the potential to become a standout residence or strong income-producing asset.

Highlights

Listed by Vincent Hachigian , 313-335-2986 EXP Realty Plymouth , 855-477-7355.

Property Type

Multi-Family

Lot/Acreage
0.1

HOA Fee

Year Built

1926

County

Wayne

School District

Detroit

Listing ID

20261033046

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$489
Taxes
$150
HOA
$0

Home Price

$220,000

Loan Details

30 yrs
%

Down Payment

20%
$44,000
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Monthly Price:
$488.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $488.89 $149.58 $0.00 $638.47
Yearly $5,866.67 $1,795.00 $0.00 $7,661.67
Total $176,000.00 $53,850.00 $0.00 $229,850.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.