Prime Quadplex Investment Opportunity Near Historic Boston Edison!
Don’t miss this incredible investment opportunity! This nearly renovated quadplex boasts four spacious units, each featuring 4 bedrooms and 1 bathroom—a rare find in Metro Detroit. With nearly 6,000 sq. ft. of living space, this multi-family property offers immense income potential.
Current Rental Income: Two units are already leased at $1,100 per month, providing immediate cash flow, while the remaining two units are vacant and ready for owner-occupancy or additional tenants.
Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, this property offers proximity to downtown Detroit, major highways, shopping, dining, and entertainment.
Whether you’re a seasoned investor looking to expand your portfolio or a house-hacker seeking a high-income property, this quadplex is a must-see! Schedule your showing today!
Don’t miss this incredible investment opportunity! This nearly renovated quadplex boasts four spacious units, each featuring 4 bedrooms and 1 bathroom—a rare find in Metro Detroit. With nearly 6,000 sq. ft. of living space, this multi-family property offers immense income potential.
Current Rental Income: Two units are already leased at $1,100 per month, providing immediate cash flow, while the remaining two units are vacant and ready for owner-occupancy or additional tenants.
Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, this property offers proximity to downtown Detroit, major highways, shopping, dining, and entertainment.
Whether you’re a seasoned investor looking to expand your portfolio or a house-hacker seeking a high-income property, this quadplex is a must-see! Schedule your showing today!
Property Details
Price:
$384,900
MLS #:
20250007619
Status:
Active Under Contract
Beds:
0
Baths:
4
Address:
3240 RICHTON ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
LINWOOD HEIGHTS PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
May 13, 2025
State:
MI
Finished Sq Ft:
5,040
ZIP:
48206
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1925
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Parking Features
Two Car Garage
Parking Spots
2
Roof
Asphalt
Financial
Taxes
$4,066
Map
Community
- Address3240 RICHTON ST Detroit MI
- SubdivisionLINWOOD HEIGHTS (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48206
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