338 Richter Street

Beds
1,728 Sq. Ft.
$87 / Sq. Ft.
1,728
Sq. Ft.
$87
per Sq. Ft.

Description

INVESTOR SPECIAL – TWO-FAMILY BRICK FLAT FOR SALE! Don't miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant...INVESTOR SPECIAL – TWO-FAMILY BRICK FLAT FOR SALE! Don't miss this incredible opportunity to finish and profit from this spacious two-unit brick multifamily property! This solid investment property features:2 Units, 2 Bedrooms / 1 Bathroom Per Unit, Brick Construction, Hardwood Floors, Major Renovations Already Started. Recent improvements include: New Electrical Work, New Plumbing Updates, HVAC Installation Started, Drywall Replacement in Several Areas,Flooring Improvements Completed. A significant amount of work and money has already been invested, allowing the next owner to complete the renovation and maximize returns. Perfect for a buy-and-hold investor, house hacker, or fix-and-flip opportunity. Motivated Seller – Distressed Situation Creates Opportunity! Whether you're looking to generate rental income or build equity through renovation, this property offers tremendous upside potential. A must see, Opportunities like this don't last long!
  1. Listed by Kelly Wilson • Harvest Homes Realty
    P: (313)-495-3298 C: (313)-495-3298 treasureklz@yahoo.com

Property Details for 338 Richter Street

Subdivision Name
Hoods Sub
Waterfront
No
LISTING UPDATED: 06/09/2026 08:52 AM

Property Details for 338 Richter Street

StatusActive
MLS #61000346
Days on Market1
Taxes$3,462 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1929
Lot Size0.11 AC / 4,791 SF
CountyWayne County

Location

Listing Courtesy of Harvest Homes Realty
Add your commute

Building Information for 338 Richter Street

Stories-Residences2Year Built1929Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$1,036 per month

30 year fixed, 6.36% Interest

Principal and Interest

$747

Property Taxes

$289

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 338 Richter Street

Summary
Location and General Information
  • Carrier Route: C022
  • Cross Street: East Great Lake
  • Directions: South of Jefferson
  • Latitude: 42.2656
  • Longitude: -83.131117
  • MLS Area Major: River Rouge (82144)
Taxes and HOA
  • Parcel Number: 50005060095300
  • Tax Annual Amount: $3,462.00
Property
Lot Information
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 1728.0
  • Building Area Total: 1728.0
  • Custom 2: Yes
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Bathrooms Total: 2.0
  • Raw Mls Lot Size: 49X100
  • Raw Mls Modification Timestamp: 06-09-2026 08:48:55 AM
  • Raw Mls Photos Change Timestamp: 06-08-2026 09:23:43 PM
  • Raw Mls Photos Count: 14
  • Raw Mls Property Sub Type: Multi-Family
  • Year Built: 1929
Building Features
  • Construction Materials: Brick
Utilities
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 338 Richter Street

DateEvent & SourcePriceAppreciation
Jun 8, 2026

Listed (Active)

MiRealSource #61000346

$150,000
May 13, 2025

Sold (Public Record)

Public Record #1558975825

$64,000

+12.8% / yr

Jul 15, 2009

Sold (Public Record)

Public Record #274522867

$9,500

+29.8% / yr

DateEvent & SourcePrice
06/08/2026

Listed (Active)

MiRealSource #61000346

$150,000
05/13/2025

Sold (Public Record)

Public Record #1558975825

$64,000

+12.8% / yr

07/15/2009

Sold (Public Record)

Public Record #274522867

$9,500

+29.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 338 Richter Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,227 ($102 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1929ZoningR1 ONECountyWAYNEAPN50 005 06 0095 300

Schools near 338 Richter Street

This home is within River Rouge, School District Of The City Of.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Ann Visger K-5 Preparatory Academy
PublicPK to 5

Cb Sabbath 6-8 Preparatory Academy
Public6 to 8

River Rouge High School
Public9 to 12

River Rouge Alternative Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

338 Richter Street is a multi-family home for sale in River Rouge, MI 48218. This property was listed for sale on June 8, 2026 by Harvest Homes Realty, it's currently listed at $150,000. It has been on the market for a total of 1 days and was last sold on May 13, 2025. This listing's school district is River Rouge, School District Of The City Of. Nearby schools include Ann Visger K-5 Preparatory Academy, Cb Sabbath 6-8 Preparatory Academy and River Rouge High School. 338 Richter Street is a 0-bed, 2-bath, 1,728 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harvest Homes Realty

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.