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For sale
  • $249,900

    2928 Richton St, Detroit, MI 48206

    12beds
    4,960sqft
    : 
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    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $50/sqft
    $-- HOA

    What's special

    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 character With 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!
    3 days
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    239
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    38
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    Zillow last checked:

    Listing updated:

    Listed by:

    Erick Howard 248-963-7048,

    Amin Realty 833-264-6832

    Source: Realcomp II,MLS#: 20261053137MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 1
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Natural Gas
      Features
      • Windows: Energy Star Qualified Windows
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,960 sqft
      • Finished area above ground: 4,960
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street, Other, Shared Driveway
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Exterior features: Balcony
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 52.5 x 120.5
      Details
      • Parcel number: W12I003799S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Quadruplex
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer, Sewer At Street
      • Water: Public
      • Utilities for property: Cable Available, Underground Utilities

      Community & HOA

      Community
      • Subdivision: LINWOOD HEIGHTS
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $50/sqft
      • Tax assessed value: $15,483
      • Annual tax amount: $1,563
      • Date on market: 7/12/2026
      • Cumulative days on market: 4 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conv Blend Rt,Conventional,FHA,FHA 203K,Va Loan
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,415/mo

        Price history

        DateEventPrice
        7/12/2026Listed for sale$249,900-12.3%$50/sqft
        Source: Realcomp II #20261053137 Report a problem
        3/12/2026Listing removed$285,000$57/sqft
        Source: Realcomp II #20251055033 Report a problem
        11/21/2025Listed for sale$285,000$57/sqft
        Source: Realcomp II #20251055033 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $54,900 +25.3%
        2024-- $43,800 +24.4%
        2023-- $35,200 +23.5%
        2022-- $28,500 +8%
        2021-- $26,400
        2020$757 -46.6%$26,400 +5.6%
        2019$1,418 $25,000 +2.9%
        2018$1,418 $24,300 -2.4%
        2017-- $24,900 -57.3%
        2016$1,316 $58,300 +359.1%
        2015$1,316 -0.4%$12,700 -28%
        2013$1,321 +0.4%$17,650 -30.2%
        2010$1,316 $25,289 -12%
        2009-- $28,738 -10.5%
        2008-- $32,109
        2007-- $32,109 +5.5%
        2005$132 $30,435 +3%
        2004-- $29,549 +199%
        2001$823 +10.1%$9,883 +3.2%
        2000$747 $9,576
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Dexter-Linwood

        Getting around

        45 / 100
        Car-Dependent
        50 / 100
        Good Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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