Sold
2509 Richton Street, Detroit, MI 48206
Sold on 04/29/2026 for$15,000
MLS # 20261012467 (Realcomp)
3 beds1 bath1,114 sqftBuilt 19230.1 acres
1 / 6
Listing Description
Here's an investment opportunity in up and coming Dexter Linwood. This property has been stripped to the studs and is ready for the next owner to finish to taste. Solid candidate to flip, fix up and rent, or for a handy owner occupant looking to add value. Nice location near . Home has brand new electrical ruff and plumbing, motivated seller!!! Please note seller will make no repairs , BATVAI !
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,114 sq ft home built in 1923 sits in Durfee in Detroit.
This home sold for $15,000 (about $13/sq ft).
Property tax estimate: $1,268 per year ($106/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,114 sqft
Lot Size0.1 acres
Year Built1923
Stories2
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
Garage1 space
HeatingForced Air
Sale & Financing
Listed2/26/2026
Sold Date4/28/2026
Original Price$28,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$0
Parcel #10003476-7
Source: Public Records
Legal Description
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S RICHTON 52 E 15 FT 53 JOHN W LATHRUPS CORTLAND AVE L30 P60 PLATS W C R 10/128 45 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Andrea Johnson
LV Real Estate Collective LLC
Frequently Asked Questions about 2509 Richton Street, Detroit, MI 48206
Which school district serves 2509 Richton Street, Detroit, MI 48206?
Per MLS# 20261012467, 2509 Richton Street, Detroit, MI 48206 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 2509 Richton Street, Detroit, MI 48206?
Per MLS# 20261012467, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2509 Richton Street, Detroit, MI 48206?
Per public tax records, annual property taxes for this property are $1,268. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2509 Richton Street, Detroit, MI 48206 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 2509 Richton Street, Detroit, MI 48206 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 2509 Richton Street, Detroit, MI 48206?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
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Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$97
Principal & interest$97
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2509 Richton Street, Detroit, MI 48206
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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