Renovated Two-Unit
For Sale
$189,888
2292 Richton St, Detroit, MI 48206
Two updated three-bedroom units are fully occupied with separate utilities and leases in place.
Property Size2,104 SF
Lot Size0.10 Acres
Price / SF$90.25
Days on Market23
Property Features for 2292 Richton St
General Information
Standard status
Active
Size
2,104 SF
Lot size
0.10 Acres
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Building Details
Year Built
1923
Year Renovated
2023
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Fresh Start Homes
(248) 413-5201
Listed By:
Richard K Rosen
Source:
Premiermichiganhomesearch
Added: Aug 9
Changed: Aug 29
Last Checked: Aug 31 at 6:30PM
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 Fresh Start Homes
Investment Insights
Based on property information with market context.
This two-story duplex at 2292 Richton St in Detroit contains two 3-bedroom units and 2,104 square feet of building area. The property underwent a complete interior and exterior renovation in 2023, including updated plumbing, electrical service, HVAC systems, furnaces, windows, roofing, siding, decking, and patios. Each unit has separate utilities, while the occupants share one water meter and split that bill. Both units are occupied, with existing leases in place.
Built in 1923, the property sits on a 45 x 100 lot with paved road frontage, public water, sewer, and cable availability, plus on-street parking. A poured full basement adds approximately 1,045 square feet. The property is assessed under a special act roll and exempt from ad valorem taxes through 12/30/2027.
Built in 1923, the property sits on a 45 x 100 lot with paved road frontage, public water, sewer, and cable availability, plus on-street parking. A poured full basement adds approximately 1,045 square feet. The property is assessed under a special act roll and exempt from ad valorem taxes through 12/30/2027.
Key Highlights
- Two 3‑bedroom units totaling 2,104 square feet
- Complete interior and exterior renovation completed in 2023
- Fully occupied with existing leases in place
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
357
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 - Two updated three-bedroom units are fully occupied with separate utilities and leases in place.
Where is this duplex located?
The property is located at 2292 Richton St Detroit, MI.
What is the asking price?
The asking price for this property is $189,888.
What are key features of this property?
This property features: Two 3‑bedroom units totaling 2,104 square feet; Complete interior and exterior renovation completed in 2023; Fully occupied with existing leases in place
