2255 Webb Detroit, MI $ 5,480,000
2255 Webb
$ 5,480,000
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2255 Webb

Detroit, MI, 48206
$ 5,480,000
Bedrooms156 Baths-- Sq 150,689

Monthly Estimate*

$ 34,188

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Commercial Property for sale in Detroit, MI

for $5,480,000 with 156 bedrooms. This building is 150,689 square feet.

PRICE REDUCED TO SELL!! CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is an ADD VALUE INVESTMENT/OPPORTUNITY!! 50% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 28 buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. All of the windows have been updated to vinyl. 48 of the units are on boiler heat and the rest of the 108 units are individually furnaced. Great mix! Good rents. Located in the great Russell Woods Community of Detroit! This will be a cash cow once units are turned and fully occupied! Seller is open to seller financing with 50% down, seller must be in first position.

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Commercial Active

Price

$ 5,480,000

Bedrooms

156

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

A11865994

Features
General
Sewer Public Sewer
Heating Wall Furnace
Property Subtype Multi Family
County Other
Property Type Commercial Sale
Full Baths 0
Status Active
Number Of Units Total 156
MLS Area 5960 US not Florida
Lot Size Units Square Feet
Lot Size Square Feet 212137
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11865994
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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Interior
Heating Y/N true
Total Bedrooms 156
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 212137
Building Area Total 150689
Covered Spaces 0
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* Excluded Features
List By
Keller Williams Eagle Realty

Broker

justinzehel@kw.com

Email

Affordability Calculator

$34,188
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,188
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$5,480,000 Listed Price

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2255 Webb, Detroit, MI, 48206 is a Commercial Property for sale at $5,480,000 with 150,689 sqft. 2255 Webb has 156 bedroomsThe property's zip code is 48206 which is in Detroit, MI