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    Multi-Family Building with 3BR Units Title is generated by Realmo AI

    3230 Richton St, Detroit, MI 48206

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    For Sale
    $175,000

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

    Type:Investment
    Property size:
    5,000 SF
    Price / SF:
    $35/SF
    Added:
    Jun 23, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 24 at 4:13 am

    Property Features for 3230 Richton St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1925

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    Michael Helfant

    Listing office M77 LLC

    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

    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
    • Renovation‑focused property with value‑add potential through renovations or repositioning

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1236214
    Latitude
    42.3840879

    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
    More about this property
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