$150,000
 $805 est/mo Sourced by Back At You

3222 Richton Street,Detroit, MI 48206

Detroit, MI 48206

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Description

Prime multifamily investment opportunity located in Detroit's historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit's residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015583, 20261015586, 20261015683

Details

MLS #60984216
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1926
Days On Site178
Listing Provided ByKW Professionals | Michael Gerisch

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet2,750
BasementY
Story(s)2
Acreage0.10

Interior

Rooms Total8
Cooling Yes / NoYes
CoolingCeiling Fan(s), Window Unit(s)
Heating Yes / NoYes
HeatingNatural Gas, Forced Air
AppliancesGas Water Heater

Exterior

Construction MaterialsBrick
Foundation DetailsBasement

Parking

Garage Yes / NoNo

Other

List AorReal Comp

Taxes

Property2784

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Community NameLinwood Heights
Listing VS Median (in Linwood Heights)
Price:
$150,000
low | high
Med:
$139,950
56.7% of Average
sqft:
2,750
low | high
Med:
2,737
50.472727272727% of Average
$ / sqft:
$55
low | high
Med:
$51
56.28671071953% of Average
On site:
178
low | high
Med:
146
100% of Average
Sourced by Back At You

Market Activity 48206

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Community NameLinwood Heights
Listing VS Median (in Linwood Heights)
Price:
$150,000
low | high
Med:
$139,950
56.7% of Average
sqft:
2,750
low | high
Med:
2,737
50.472727272727% of Average
$ / sqft:
$55
low | high
Med:
$51
56.28671071953% of Average
On site:
178
low | high
Med:
146
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $112K - $187K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
3222 Richton Street Property Photo 1
$150,000
3222 Richton Street
Detroit, MI 48206
3222 Richton Street Property Photo 1
$150,000
3222 Richton Street
Detroit, MI 48206
3222 Richton Street Property Photo 1
$150,000
3222 Richton Street
Detroit, MI 48206
Listing Updated: September 29, 2026 at 7:46:35 AM PDT