Active

$239,900

194 Richter St, River Rouge, MI 48218

7beds

4baths

--sqft

$2,218/mo

Get pre-qualified

2 to 4 Units

Built in 1916

-- sqft lot

$234,700 Zestimate^®

$--/sqft

$-- HOA

This home is also for rent. View listing

What's special

Comfortable livingFour spacious units

Check out this prime investment opportunity at 194 Richter, River Rouge--a 7-bedroom, 4-bathroom quadplex currently operating as a rental! This well-maintained property features four spacious units, each crafted for comfortable living, ensuring steady rental income. Perfect for investors or those seeking a hassle-free income property, this quadplex offers strong cash flow potential in a desirable River Rouge location. Don't miss your chance to own this income-producing gem! This property also includes 192 Richter. This property is currently rented at $4,000 per month. No showings without an accepted offer.

7 days
127
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Forced Air

Features

Basement: Partial

Property

Parking

Total spaces: 4

Lot

Size: 6,098 Square Feet
Dimensions: 60 x 100

Details

Parcel number: 50005060022000

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Brick, Vinyl Siding

Condition

New construction: No
Year built: 1916

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: River Rouge

Financial & listing details

Tax assessed value: $85,300
Annual tax amount: $6,256
Date on market: 11/4/2026
Listing terms: VA Loan,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Estimated market value

$234,700

$223,000 - $246,000

$1,130/mo

Price history

Date	Event	Price
11/4/2026	Listed for sale	$239,900+20.6%
Source: MichRIC #26058428 Report a problem
8/13/2026	Price change	$1,100+4.8%
Source: Zillow Rentals Report a problem
4/22/2026	Listed for rent	$1,050
Source: Zillow Rentals Report a problem
12/16/2025	Listing removed	$198,900
Source: MichRIC #25045314 Report a problem
11/12/2025	Price change	$198,900-0.5%
Source: MichRIC #25045314 Report a problem
9/4/2025	Listed for sale	$199,900+303.8%
Source: MichRIC #25045314 Report a problem
6/27/2025	Sold	$49,501+147.5%
Source: Public Record Report a problem
11/1/2024	Sold	$20,000-73.3%
Source: Public Record Report a problem
7/8/2022	Sold	$75,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$85,300 +12.2%
2025	--	$76,000 +50.5%
2024	--	$50,500 +31.9%
2023	--	$38,300 +18.2%
2022	--	$32,400 +18.2%
2021	--	$27,400
2020	$2,226 +0.4%	$27,400 +10.9%
2019	$2,218	$24,700 +18.8%
2018	$2,218	$20,800 -1.9%
2017	--	$21,200 -3.2%
2016	$3,141	$21,900 -20.1%
2015	$3,141 -10.6%	$27,400 -39.5%
2013	$3,515 +11.9%	$45,300 +3%
2012	$3,141	$44,000 -13.9%
2010	--	$51,100 -3.2%
2009	--	$52,800 -0.8%
2008	--	$53,200 -2.2%
2007	--	$54,400 +11.9%
2005	$1,743	$48,600 +5.9%
2003	--	$45,900 +74.6%
2001	$2,199 +18.3%	$26,290 +3.2%
2000	$1,859	$25,475