For Sale
3222 Richton Street, Detroit, MI 48206
$175,000
MLS # 20261024060 (Realcomp)
6 beds2 baths2,750 sqftBuilt 19260.1 acres
1 / 7
Listing Description
Prime multifamily investment opportunity located in Detroit’s historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum.Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit’s residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity.Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015583, 20261015586, 20261015683
Source: SparkMLS
About this home
6-bedroom, 2-bath, 2,750 sq ft home in Durfee in Detroit built in 1926.
Listed at $175,000 (about $64/sq ft).
Estimated annual property tax: $1,784, or about $149 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms6
Bathrooms2
Living Area2,750 sqft
Lot Size0.1 acres
Year Built1926
Stories2
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/14/2026
Original Price$200,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,073
Tax Year2025
State Equalized Value$27,800
Assessed Value$27,800
Parcel #12003782.
Source: Public Records
Legal Description
N RICHTON 461 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 35 X 120.50
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Michael Gerisch
KW Professionals
Frequently Asked Questions about 3222 Richton Street, Detroit, MI 48206
What school district is 3222 Richton Street, Detroit, MI 48206 in?
Per MLS# 20261024060, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261024060, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261024060, the most recent reported annual property tax for 3222 Richton Street, Detroit, MI 48206 is $2,784. 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.
Is 3222 Richton Street, Detroit, MI 48206 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 3222 Richton Street, Detroit, MI 48206 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$1,784
Monthly$149
Millage rate64.1844 mills
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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%
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Monthly payment$1,284
Principal & interest$1,135
Property taxes$149
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
3222 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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