All-Brick Two-Unit
For Sale
$174,900
2981 Richton St, Detroit, MI 48206
All-brick duplex with two separately metered units, each offering three bedrooms and one full bathroom.
Property Size2,600 SF
Days on Market47
Property Features for 2981 Richton St
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,606
Building Details
Building Size
2,600 SF
Year Built
1926
Units
2
Listing Agency:
(248) 747-4834
Listed By:
Anthony Djon
(248) 747-4834
Source:
Elliman
Added: Jul 9
Changed: Aug 11
Last Checked: Aug 24 at 6:33AM
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 Anthony Djon
Investment Insights
Based on property information with market context.
This expansive all-brick two-unit multifamily property includes two spacious units, each featuring three bedrooms and one full bathroom, along with expansive living and dining areas. Gas and electric utilities are separately metered, providing straightforward separation of services between the units. The property is being sold As-Is.
The address is in Detroit, with the property described as being about two blocks from the Dexter corridor. It is also noted as being moments from the Boston-Edison and Russell Woods/Nardin Park neighborhoods. WalkScore is listed at 31 (Car-Dependent), bikeScore at 38 (Somewhat Bikeable), and transitScore at 50 (Good Transit).
For tenants or owners, the duplex configuration and separate metering support flexible occupancy, with one unit available while the other can generate rental income.
The address is in Detroit, with the property described as being about two blocks from the Dexter corridor. It is also noted as being moments from the Boston-Edison and Russell Woods/Nardin Park neighborhoods. WalkScore is listed at 31 (Car-Dependent), bikeScore at 38 (Somewhat Bikeable), and transitScore at 50 (Good Transit).
For tenants or owners, the duplex configuration and separate metering support flexible occupancy, with one unit available while the other can generate rental income.
Key Highlights
- All‑brick two‑unit multifamily property built in 1926
- 2 separately metered units, each with 3 bedrooms and 1 full bathroom
- Each unit includes expansive living and dining areas
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - All-brick duplex with two separately metered units, each offering three bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 2981 Richton St Detroit, MI.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: All‑brick two‑unit multifamily property built in 1926; 2 separately metered units, each with 3 bedrooms and 1 full bathroom; Each unit includes expansive living and dining areas
