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Renovated Two-Unit Duplex
For Sale
$189,888

2292 Richton Street, Detroit, MI 48206

Multifamily, 2 Story, Detroit, MI

Property Size2,104 SF
Lot Size0.10 Acres
Price / SF$90.25
Days on Market92

Property Features for 2292 Richton Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 66
Bathrooms 22
Full bathrooms 22
Rooms Bedroom 52, Bedroom 34, Bedroom 10, Bedroom 23, Bedroom 58, Bedroom 31, Bathroom 17, Bathroom 6, Bedroom 61, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 54, Bathroom 20, Bedroom 36, Bedroom 40, Bedroom 65, Bedroom 42, Bedroom 55, Bedroom 6, Bedroom 25, Bedroom 1, Bedroom 4, Bedroom 22, Bathroom 13, Bathroom 21, Bedroom 13, Bedroom 8, Bedroom 30, Bedroom 47, Bedroom 49, Bathroom 18, Bedroom 19, Bedroom 18, Bedroom 24, Bedroom 46, Bedroom 64, Bedroom 32, Bedroom 48, Bedroom 44, Bathroom 11, Bedroom 53, Bathroom 4, Bedroom 45, Bedroom 26, Basement, Bedroom 57, Bedroom 16, Bedroom 66, Bathroom 22, Bedroom 15, Bedroom 50, Bedroom 33, Bathroom 9, Bedroom 62, Bedroom 41, Bathroom 3, Bedroom 27, Bedroom 12, Bedroom 21, Bathroom 7, Bathroom 19, Bedroom 20, Bedroom 38, Bathroom 15, Bathroom 2, Bedroom 35, Bathroom 14, Bedroom 17, Bedroom 63, Bathroom 16, Bedroom 39, Bedroom 28, Bedroom 43, Bathroom 10, Bathroom 1, Bedroom 9, Bedroom 51, Bathroom 8, Bedroom 14, Bedroom 56, Bathroom 12, Bedroom 59, Bedroom 7, Bedroom 11, Bedroom 60, Bedroom 37, Bedroom 29, Bathroom 5
Interior features Cable Available
Exterior features Lighting
Subdivision Monterea
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions West off 14th & North of Chicago Blvd
Standard status Active
APN W08I003749S
Size 2,104 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. N RICHTON E 15' 79 78 MONTEREA SUB L28 P67 PLATS, W C R 8/137 45 X 100
Tax Annual Amount 1782
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. N RICHTON E 15' 79 78 MONTEREA SUB L28 P67 PLATS, W C R 8/137 45 X 100

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1923
Floors in Building 2
Number of units 22
Building materials Vinyl, Wood
Roof type Asphalt
Architectural style Other
Listing Agency: Fresh Start Homes
Listed By: Richard K Rosen
Added: Jul 3 Changed: Sep 14 Last Checked: Oct 2 at 10:06PM
MLS# 20261045009

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story duplex contains two 3-bedroom units and provides 2,104 square feet of building area. The property underwent interior and exterior renovation in 2023, including updated plumbing and electrical service, new furnaces, windows, roof, vinyl siding, decking, and patios. Each unit has separate utilities, with one shared water meter divided between the tenants. A poured full basement of approximately 1,045 square feet adds below-grade space, while forced-air heating, an asphalt roof, and public water support the building’s core infrastructure.

The property sits on a 0.1-acre lot measuring 45 x 100 feet at 2292 Richton Street in Detroit, Michigan 48206. It has paved road frontage, on-street parking, public water and sewer availability, and cable access. Multifamily zoning supports the existing duplex configuration. Both units are occupied, with existing leases in place, providing an established operating setup for the next owner.

Key Highlights

  • Two 3‑bedroom units in a two‑story duplex
  • 2,104 square feet on a 0.1‑acre lot
  • Interior and exterior renovation completed in 2023

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story duplex with updated systems, separate utilities, and active tenant leases in a multifamily-zoned setting.
Where is this duplex located?
The property is located at 2292 Richton Street 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 in a two‑story duplex; 2,104 square feet on a 0.1‑acre lot; Interior and exterior renovation completed in 2023
More about this property
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