Sold
3250 Richton Street, Detroit, MI 48206
Sold on 01/14/2026 for$55,000
MLS # 20251059218 (Realcomp)
6 beds2 baths2,600 sqftBuilt 19260.1 acres
1 / 2
Listing Description
Incredible Investment Opportunity!!!!! This property has already started the hard work for you... Updated rough electrical, new pex ran for water connections, replaced foundation beam, new porch, new drywall throughout ready to be finished. Located just outside of Russell Woods with similar homes ARV in the mid to upper 200's. Be a part of the redevelopment era of Detroit and the city's $8.5M Dexter streetscape investment.Currently a 2 family Flat, Each unit has 3 bedrooms and 1 bath, with FMR Section 8 rents going for $1360. Can creatively be converted into a 5/6 bedroom single family home. You have a blank canvas to design any way you want. Plenty of local shopping and restaurants and easy access to freeways.Schedule your showings and bring your ideas.
Source: SparkMLS
About this home
This 6-bedroom, 2-bath, 2,600 sq ft home built in 1926 sits in Durfee in Detroit.
Closed at $55,000 (about $21/sq ft).
Property tax estimate: $1,232 per year ($103/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 7 providers. 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 Area2,600 sqft
Lot Size0.1 acres
Year Built1926
Stories2
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit City School District
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed12/9/2025
Sold Date1/13/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,970
Tax Year2025
State Equalized Value$19,200
Assessed Value$19,700
Parcel #12003779.
Source: Public Records
Legal Description
N RICHTON 457 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: Not Eligible
Verify eligibility at USDAListed by Jonathan B Fields
RE/MAX Eclipse
Frequently Asked Questions about 3250 Richton Street, Detroit, MI 48206
What school district is 3250 Richton Street, Detroit, MI 48206 in?
Per MLS# 20251059218, this property is served by Detroit City School District. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20251059218, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251059218, the most recent reported annual property tax for 3250 Richton Street, Detroit, MI 48206 is $1,931. 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 3250 Richton Street, Detroit, MI 48206 eligible for USDA financing?
Per USDA Rural Development boundary data, 3250 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 3250 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.
Is fiber internet available at 3250 Richton Street, Detroit, MI 48206?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 3250 Richton Street, Detroit, MI 48206. The maximum advertised download speed is 2.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
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$1,232
Monthly$103
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$588
Principal & interest$486
Property taxes$103
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3250 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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