$1,750,000
$225K PRICE DROP

Estimated payment $11,212/month

Total Views 10,142
92 Beds
80 Baths
45,852 Sq Ft
$38 Price per Sq Ft

Highlights

  • 1.14 Acre Lot
  • Laundry Room
  • 5-minute walk to Fields Park
  • Cass Technical High School Rated 10

About This Home

Investor special !!! 80 unit apartment complex for sale in need of rehab. There are 80 units which 1 of them has been converted into a laundry room. 18 two bedroom one bath and 62 one bedroom one bath units. Located on greenfield road where the city busses run from the city to the suburbs! Greenfield is the main strip. These units once rehabbed can rent for $850-$1000 per month. Seller has other buildings for sale also that could be sold as a package. Serious cash buyers only please. Can be sold as a package with 16501-16561 Greenfield, Detroit (56 Units) and 2255 Webb, Detroit (156 Units)

Listing Agent

Justin Zehel

Keller Williams Paint Creek License #MISPE-6501397844 Listed on: 05/22/2025

Keller Williams Paint Creek

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1.14 Acre Lot

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 92 Bedrooms
  • 80 Full Bathrooms

Utilities

  • Boiler Heating System
  • Separate Meters

Community Details

  • 80 Units
  • More Than One Legal Involved Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22050049-68

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 61424
  • Year Built: 1964
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 92
  • Full Bathrooms: 80
  • Total Bathrooms: 80
  • Source of Sq Ft: Realist
  • Estimated Sq Ft: 45852

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 22050049-68
  • Lot Dimensions: 49658
  • Acreage: 1.14

Tax Info

  • Summer Tax: Year: 2024, Amount: $53,738.00
  • Winter Tax: Year: 2024, Amount: $7,686.00
  • Total Tax: Amount: $61,424.00

Multi Family

  • Total Units: 80

MLS Schools

  • School District: Detroit City School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $1,750,000 -11.4% $38 / Sq Ft
05/22/2025 05/22/25 For Sale $1,975,000 -- $43 / Sq Ft
Source: Michigan Multiple Listing Service

Source: Michigan Multiple Listing Service

MLS Number: 50175782

Michigan Multiple Listing Service