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For sale
  • Price cut: $525K (7/18)
    $5,975,000

    2255 Webb St, Detroit, MI 48206

    212beds
    150,689sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $40/sqft
    $-- HOA

    What's special

    Fenced propertyBoiler heatFurnaces in each unit
    BACK ON THE MARKET DUE TO BUYER NOT HAVING FUNDS TO CLOSE AT CLOSING. 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. Serious buyers only please!
    106 days
    on Zillow
    |
    1,120
    |
    68
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2025 at 06:27am

    Listed by:

    Justin Zehel 248-979-3466,

    Keller Williams Paint Creek 248-609-8000

    Source: MiRealSource,MLS#: 50172514MLS LogoOriginating MLS: MiRealSource
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2255 Webb St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 212
    • Bathrooms: 156
    • Full bathrooms: 156
    Heating
    • Boiler, Forced Air
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 150,689
    • Total interior livable area: 150,689 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4.87 Acres
    • Dimensions: 212137
    Details
    • Parcel number: 08003410002L
    • Special conditions: Private

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Basement
    Condition
    • Year built: 1948

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Oakman & Stoll
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $40/sqft
    • Tax assessed value: $3,217,000
    • Annual tax amount: $186,732
    • Date on market: 4/25/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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