$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 #20261015578
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1926
Days On Site165
Listing Provided ByKW Professionals | Michael Gerisch

Features

Bath(s) 2 Total
SQ Feet2,750
BasementY
Story(s)2
Units2
ZoningResidential
Acreage0.10
Water FrontYes

Interior

Cooling Yes / NoYes
CoolingCeiling Fans, Window Units
Heating Yes / NoYes
HeatingForced Air, Natural Gas

Exterior

RoofAsphalt
Construction MaterialsBrick
Foundation DetailsBasement, Block

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount2784

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDet
Community NameLINWOOD HEIGHTS
School DistrictDetroit
High SchoolDetroit
Listing VS Median (in LINWOOD HEIGHTS)
Price:
$150,000
low | high
Med:
$150,000
50% of Average
sqft:
2,750
low | high
Med:
2,800
48.181818181818% of Average
$ / sqft:
$55
low | high
Med:
$54
51.785714285714% of Average
On site:
165
low | high
Med:
135
100% of Average
Sourced by Back At You

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDet
Community NameLINWOOD HEIGHTS
School DistrictDetroit
High SchoolDetroit
Listing VS Median (in LINWOOD HEIGHTS)
Price:
$150,000
low | high
Med:
$150,000
50% of Average
sqft:
2,750
low | high
Med:
2,800
48.181818181818% of Average
$ / sqft:
$55
low | high
Med:
$54
51.785714285714% of Average
On site:
165
low | high
Med:
135
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $112K - $187K
sqft: 2,000 - 3,000
Listing Updated: July 30, 2026 at 10:33:55 AM PDT