$239,900

194 Richter Street, River Rouge MI, 48218

Built in1916

Property typeMulti-family

Overview

Active

Updated 2 days ago

Check out this prime investment opportunity at 194 Richter, River Rouge--a 7-bedroom, 4-bathroom quadplex currently operating as a rental! This well-maintained property features four spacious units, each crafted for comfortable living, ensuring steady rental income. Perfect for investors or those seeking a hassle-free income property, this quadplex offers strong cash flow potential in a desirable River Rouge location. Don't miss your chance to own this income-producing gem! This property also includes 192 Richter. This property is currently rented at $4,000 per month. No showings without an accepted offer.

$1,596/mo

Est. mortgage payment based on a $239,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes: $6,256
Tax Frequency: Annually

Courtesy of Cornerstone Real Estate

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alexis Hanczaryk shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated 2:59 PM UTC, 11/4/2026

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$239,900

Overview

$1,596/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Other Property Details