$6,850,000

2255 Webb St Detroit, MI 48206

212 beds
156 full
150,689 sqft
4.9 acres
$45 / sqft
Multi-Family

Property details

About 2255 Webb St

CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is an ADD VALUE INVESTMENT/OPPORTUNITY!! 60% 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 12 plus buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. Most of the windows have been updated to vinyl. Half the complex is boiler heat and the other half has furnaces in each unit. 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! Serious buyers only please!

Highlights

Home typeMulti Family
HeatingSteam, Forced Air
StatusActive
Size150,689 sqft
BasementYes
Lot size4.87 Acres
Year built1948
MLS #50172514

Summary

  • MLS Number: 50172514
  • MLS Name: MiRealSource
  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Office Email: laithyaldo@hotmail.com
  • Listing Agent: Justin Zehel

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 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.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property exterior with brick siding and a yard

$6,850,000

2255 Webb St

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Price information

Property sales

DateEventPrice
Jan 25, 2021
Home Sold
$6,050,000

Tax history

YearAssessmentProperty Tax
2024$3,811,900$165,675
2023$3,217,000$165,675
2022$2,822,400$108,810
2021$1,866,100$108,810
2020$1,498,100$41,993
2018$562,100$41,993
2017$525,300$41,728

History based on county public records data.

Nearby schools

2

University Preparatory Art Design Elementary School

Public Charter KG-5

0.9 mi

10225 3rd St

1

George Washington Carver Elementary School

Public Charter PK-4

1.7 mi

14510 2nd Ave

2

University Preparatory Academy Psad Elementary School

Public Charter KG-5

2.2 mi

435 Amsterdam St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $12,852. Most Detroit, MI residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

78%
<35k
16%
35k-100k
4%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

70%
Single, No Kids
22%
Single, with Kids
5%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

This home is located at 2255 Webb St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 150,689 square foot home, which was built in 1948, sits on a 4.87 acre lot. Features: 212 bedrooms, 156 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $6,850,000.

In March 2025, from all listings sold in Detroit, MI there were more than 91 sold above asking price, over 203 sold below and more than 81 were sold right at the asked price. The number of listings in Detroit, MI increased by 14.9% between February and March 2025. While the average time on the market in March 2025 was 51 days, the median list price was $89,542.

From Rocket Homes Real Estate and based on county public records data.

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