Quadplex with Four Rental
194 Richter Street, River Rouge, MI 48218
For Sale
New
$239,900
Multi Family, River Rouge, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market6
Property Features for 194 Richter Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Basement
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Building Details
Year built
Number of units
Building materials
Listing Agency:
Cornerstone Real Estate
(734) 316-5886
Listed By:
Jeremy Rhodes · License #6504431762
(734) 652-3778
Added: Nov 4
Last Checked: Nov 9 at 4:06AM
MLS# 26058428
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This quadplex contains four residential units with a combined layout of 7 bedrooms and 4 bathrooms. The property also includes 192 Richter Street and occupies a 0.14-acre lot. Brick and vinyl siding are among the exterior materials; the building was constructed in 1916.
Forced-air heating and public sewer service serve the property. Cable is available.
Forced-air heating and public sewer service serve the property. Cable is available.
Key Highlights
- Four residential units with 7 bedrooms and 4 bathrooms
- Includes 192 Richter Street
- 0.14‑acre lot
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
257
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Business Placement
Demographics for 48218, MI
7,271
Population
3,466
Households
2.1
Avg Household Size
34
Median Age
7%
College-Educated
78%
High-School Grad
2.2 sq mi
ZIP Area
3,305
Density / Sq Mi
$32,683
Median Household Income
$32,246
Median Earnings
$759
Median Rent
$56,100
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Wayne County, MI
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - The residential property is operating as a rental and has forced-air heating and public sewer service.
Where is this quadplex located?
The property is located at 194 Richter Street River Rouge, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Four residential units with 7 bedrooms and 4 bathrooms; Includes 192 Richter Street; 0.14‑acre lot
