2981 Richton St, Detroit, MI 48206
What's special
This expansive all-brick two-unit multifamily property offers incredible income potential in a prime Detroit location. Each spacious unit features three bedrooms, one full bathroom, expansive living and dining areas, and separately metered gas and electric utilities, providing added convenience for both owners and tenants. Ideally situated just two blocks from the vibrant Dexter corridor and moments from the historic Boston-Edison and Russell Woods/Nardin Park neighborhoods, this property is surrounded by ongoing revitalization and strong long-term growth potential. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this is an opportunity you won’t want to miss. Property is being sold As-Is.
- 91 days |
- 371 |
- 32 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Anthony Djon 248-747-4834,
Anthony Djon Luxury Real Estate 248-747-4834,
Michelle Trenta 248-798-0235,
Anthony Djon Luxury Real Estate
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,600 sqft
- Finished area above ground: 2,600
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35 x 121
Details
- Parcel number: W12I003736S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: LINWOOD HEIGHTS
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $19,167
- Annual tax amount: $3,606
- Date on market: 7/7/2026
- Cumulative days on market: 91 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Price change | $149,000-6.3%$57/sqft |
Source:  Realcomp II #20261051044 | ||
| 8/23/2026 | Price change | $159,000-9.1%$61/sqft |
Source: Realcomp II #20261051044 | ||
| 7/7/2026 | Listed for sale | $174,900+35.6%$67/sqft |
Source: Realcomp II #20261051044 | ||
| 6/26/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
| 6/21/2023 | Listed for rent | $900 |
Source: Zillow Rentals | ||
| 4/11/2023 | Listing removed | -- |
Source: Realcomp II #20221057784 | ||
| 3/26/2023 | Listed for sale | $129,000-4.4%$50/sqft |
Source: Realcomp II #20221057784 | ||
| 1/11/2023 | Listing removed | -- |
Source: Realcomp II #20221057784 | ||
| 11/7/2022 | Listed for sale | $135,000+20%$52/sqft |
Source: Realcomp II #20221057784 | ||
| 6/1/2022 | Listing removed | -- |
Source: Realcomp II #2210068751 | ||
| 1/11/2022 | Price change | $112,500-2.1%$43/sqft |
Source: Realcomp II #2210068751 | ||
| 12/15/2021 | Price change | $114,900-1.8%$44/sqft |
Source: Realcomp II #2210068751 | ||
| 10/5/2021 | Price change | $117,000-0.8%$45/sqft |
Source:  AAABOR #485901397 | ||
| 8/19/2021 | Listed for sale | $118,000+136%$45/sqft |
Source: Realcomp II #2210068751 | ||
| 5/31/2018 | Listing removed | $50,000$19/sqft |
Source: Real Estate One #218028749 | ||
| 4/12/2018 | Pending sale | $50,000$19/sqft |
Source: Real Estate One #218028749 | ||
| 4/9/2018 | Listed for sale | $50,000$19/sqft |
Source: Real Estate One #218028749 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $33,900 +25.1% |
| 2024 | -- | $27,100 +22.1% |
| 2023 | -- | $22,200 +23.3% |
| 2022 | -- | $18,000 +7.8% |
| 2021 | -- | $16,700 |
| 2020 | $2,571 +112.7% | $16,700 +5.7% |
| 2019 | $1,209 | $15,800 +6.8% |
| 2018 | $1,209 | $14,800 -2% |
| 2017 | -- | $15,100 -57.1% |
| 2016 | $1,036 | $35,200 +193.3% |
| 2015 | $1,036 +10% | $12,000 -27.7% |
| 2013 | $942 -9.1% | $16,608 -30.2% |
| 2010 | $1,036 | $23,797 -12% |
| 2009 | -- | $27,042 -10.5% |
| 2008 | -- | $30,214 |
| 2007 | -- | $30,214 +5.5% |
| 2005 | $94 | $28,639 +3% |
| 2004 | -- | $27,805 |
Find assessor info on the county website
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
$1,316/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.