3230 Richton St Detroit, MI 48206

Building Details

Year Built

1925

Listing office M77 LLC m***@firerealtyteam.com Show Phone

Listing date Jun 23, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of M77 LLC

Report an issue

---

Investment Insights

Based on property information with market context.

This over 5,000-square-foot multifamily building features units configured with three full bedrooms and one bathroom. The property’s size and repeatable unit layouts can support straightforward re-tenanting plans following renovation, with ample room to improve overall building condition.

The address is 3230 Richton St in Detroit, located near the historic Boston Edison district. Mobility is car-dependent, with a walk score of 31 and a bike score of 38, while transit score is 50, indicating reasonable public transportation access.

For investors or owner-operators, the combination of substantial building size and consistent unit mix makes this a workable option for a renovation and repositioning strategy. Prospective buyers should plan for post-rehab leasing and confirm the building’s current condition and unit count during due diligence to align with their operating and renovation objectives.

Key Highlights

• Over 5,000 SF multifamily building at 3230 Richton St in Detroit
• Year built 1925
• Each unit features 3 full bedrooms and 1 bathroom

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $344,900

  4,468 SF

  Turnkey Auto Repair Shop

  Turnkey automotive service center with multiple roll-up doors, hydraulic lifts, and a fenced yard for repair and storage operations.

  13118 Gratiot Avenue, Detroit, MI 48205

  View Details
• 

  $975,000

  2,100 SF

  Rail-Served Heavy Industrial Yard

  Fenced and gated rail-access yard suited to logistics operations in Detroit’s M-4 heavy industrial corridor.

  175 S Campbell Street, Detroit, MI 48209

  View Details
• 

  $239,900

  8,000 SF

  Turnkey Dry Cleaning Facility

  For sale turnkey dry-cleaning operation with approximately 8,000+ square feet of commercial space on a small lot.

  2854 E 7 Mile Road, Detroit, MI 48234

  View Details
• 

  $200,000

  3,900 SF

  Turnkey Office Building with Suites

  Newly renovated office building offers nine private suites plus an open-concept area with two restrooms and a kitchen.

  14750 Puritan Avenue, Detroit, MI 48227

  View Details
• 

  $999,999

  9,000 SF

  Fully Renovated 18-Unit Apartment Building

  An 18-unit brick multifamily property offering renovated 1- and 2-bedroom units with current occupancy for immediate income potential.

  13233 La Salle Boulevard, Detroit, MI 48238

  View Details
• 

  $174,000

  2,000 SF

  Retail Storefront with Salon Buildout

  Former nail salon with office, multiple wash stations, and ample parking for a service-focused retail use.

  8235 W 8 Mile Road, Detroit, MI 48221

  View Details
• 

  $279,900

  3,100 SF

  Flex Warehouse with Built-In Office Studio

  Fully renovated flex space with roll-up access and a built-out podcast studio for flexible distribution and content use.

  16813 WYOMING Street, Detroit, MI 48221

  View Details
• 

  $725,000

  5,832 SF

  Detroit Multifamily Investment Opportunity

  Turnkey 8-unit property in desirable Detroit neighborhood.

  13660 Ohio Street, Detroit, MI 48238

  View Details
• 

  $500,000

  10,222 SF

  Detroit Multifamily Investment Opportunity

  16-unit apartment building with value-add potential in Detroit.

  10400 Whittier Street, Detroit, MI 48224

  View Details
• 

  $749,900

  5,874 SF

  Mixed-Use Building with Storefronts

  Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

  14318 E Jefferson Avenue, Detroit, MI 48215

  View Details
• 

  $2,999,999

  16,860 SF

  Six-Property Multifamily Portfolio

  Six multifamily buildings sold together, including one fully renovated and occupied unit with five others prepared for redevelopment.

  18036 SCHOENHERR Street, Detroit, MI 48205

  View Details
• 

  $2,999,999

  6,702 SF

  Multifamily Portfolio for Sale

  Six multifamily properties are offered together, with one fully renovated and occupied and five in cleared, secured condition.

  18029 SCHOENHERR Street, Detroit, MI 48205

  View Details

FAQs

What type of property is this?

Multifamily property - Over 5,000-square-foot multifamily property with three-bedroom, one-bath units, offering a renovation-focused investment fit.

Where is this multifamily property located?

The property is located at 3230 Richton St Detroit, MI.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Over 5,000 SF multifamily building at 3230 Richton St in Detroit; Year built 1925; Each unit features 3 full bedrooms and 1 bathroom