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For sale
    • $175,000

    3230 Richton St, Detroit, MI 48206

    12beds
    5,040sqft
    : 
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    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $35/sqft
    $-- HOA

    What's special

    Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning. Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit’s growing neighborhoods.
    20 days
    |
    716
    |
    66
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Hammel 248-422-1685,

    Keller Williams Somerset 248-649-7200,

    Michael Helfant 314-239-7713,

    Keller Williams Somerset

    Source: Realcomp II,MLS#: 20261044818MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 5,040 sqft
      • Finished area above ground: 5,040

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 52.5 x 120.5
      Details
      • Parcel number: W12I003781S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: LINWOOD HEIGHTS
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $35/sqft
      • Tax assessed value: $34,636
      • Annual tax amount: $4,541
      • Date on market: 6/18/2026
      • Cumulative days on market: 20 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,287/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$175,000-10.3%$35/sqft
        Source: Realcomp II #20261044818 Report a problem
        5/1/2026Listing removed$195,000$39/sqft
        Source: Realcomp II #20251050914 Report a problem
        3/12/2026Price change$195,000-4.9%$39/sqft
        Source: Realcomp II #20251050914 Report a problem
        2/12/2026Price change$205,000-2.4%$41/sqft
        Source: Realcomp II #20251050914 Report a problem
        12/11/2025Price change$210,000-4.5%$42/sqft
        Source: Realcomp II #20251050914 Report a problem
        11/6/2025Listed for sale$220,000-29%$44/sqft
        Source: Realcomp II #20251050914 Report a problem
        11/23/2022Sold$310,000+694.9%$62/sqft
        Source: Public Record Report a problem
        11/22/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/15/2021Listed for rent$1,200+4.3%
        Source: Zillow Rental Manager Report a problem
        10/15/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        6/22/2021Listed for rent$1,150
        Source: Zillow Rental Network_1 Report a problem
        12/6/2019Listing removed$39,000$8/sqft
        Source: Keller Williams Realty Central #31336921 Report a problem
        11/4/2019Price change$39,000-13.3%$8/sqft
        Source: Keller Williams Realty Central #31336921 Report a problem
        9/26/2019Price change$45,000-9.8%$9/sqft
        Source: Keller Williams Realty Central #31336921 Report a problem
        7/10/2019Listed for sale$49,900-9.3%$10/sqft
        Source: Keller Williams Realty Central #31336921 Report a problem
        10/13/2018Listing removed$55,000$11/sqft
        Source: Keller Williams Realty Central #31336921 Report a problem
        1/25/2018Price change$55,000-15.4%$11/sqft
        Source: Warren/Sterling Heights #31336921 Report a problem
        12/15/2017Listed for sale$65,000+155.9%$13/sqft
        Source: Keller Williams Realty Central #31336921 Report a problem
        7/1/2016Sold$25,400+568.4%$5/sqft
        Source: Public Record Report a problem
        3/4/2011Sold$3,800-5%$1/sqft
        Source: Public Record Report a problem
        12/16/2010Listed for sale$4,000-93.6%$1/sqft
        Source: RE/MAX PREMIER REALTY INC #210138698 Report a problem
        3/22/2010Sold$62,404$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $55,700 +25.2%
        2024-- $44,500 +22.3%
        2023-- $36,400 +23.4%
        2022-- $29,500 +8.1%
        2021-- $27,300
        2020$1,408 -44.1%$27,300 +5.8%
        2019$2,519 $25,800 +2.4%
        2018$2,519 $25,200 -2.3%
        2017-- $25,800 -57.1%
        2016$1,935 $60,100 +323.2%
        2015$1,935 -1.6%$14,200 -27.8%
        2013$1,967 +1.6%$19,669 -30.2%
        2010$1,935 $28,182 -12%
        2009-- $32,025 -10.5%
        2008-- $35,782
        2007-- $35,782 +5.5%
        2005$216 $33,917 +3%
        2004-- $32,929 +103.9%
        2001$1,345 +10.1%$16,150 +3.2%
        2000$1,221 $15,650

        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.
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        Climate risks

        Neighborhood: Dexter-Linwood

        Getting around

        52 / 100
        Somewhat Walkable
        49 / 100
        Some Transit

        Nearby schools

        GreatSchools rating

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