$8,875,000

Estimated payment $50,738/month

Total Views 627
82 Beds
76 Baths
52,386 Sq Ft
$169 Price per Sq Ft

Highlights

  • 0.3 Acre Lot
  • Heating System Uses Steam
  • 4-minute walk to John R. Watson Park
  • Cass Technical High School Rated 10
  • High-Rise Condominium

About This Home

2627 John R – Brush Park / Midtown Redevelopment. Rare mixed-use investment in Brush Park. This 52,386 SF, 8-story mid-rise offers 72 apartment units + 4,500 SF of retail. Currently 43% residential vacancy and 100% retail vacancy—making it ideal for repositioning and redevelopment. Prime Location: Steps from City Modern, District Detroit, Little Caesars Arena, Ford Field, Comerica Park, and the QLine. Zoning: Commercial/Multifamily – Opportunity Zone & NEZ eligible. Class B asset in an A+ location – excellent potential to rent below new construction rates while capturing strong demand.

Listing Agent

Alan Davidov

KW Domain License #6504431098 Listed on: 08/27/2025

KW Domain

Co-Listing Agent

Patrick & Blair Linsdau

KW Metro License #6501456846

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 72.03x77.15
  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 76 Full Bathrooms
  • 52,386 Sq Ft Home
  • Multi-Level Property

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I000626S

Community Details

Overview

  • 76 Units
  • High-Rise Condominium
  • Brush Sub L1 P152 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,694

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: High Rise
  • Architecture Level: 4-10 Story
  • Year Built: 1913
  • State Equalized Value: 5046300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 76.00
  • Full Bathrooms: 76
  • Sq Ft Combined: 52386
  • Total Sq Ft: 52386

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved, Alley

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 237120.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.30
  • Lot Dimensions: 72.03X77.15
  • Parcel Number: W01I000626S
  • Zoning: Commercial, Multi-Family, Multiple, Residential

Rental Info

  • Deposit Amount: 3000000.00
  • Monthly Rental Income: 98800

Tax Info

  • Tax Amount Summer: 18079.0000
  • Tax Amount Winter: 11615.0000
  • Total Tax: 29694.0000
  • Taxable Value: 246058.0000

Multi Family

  • Gross Scheduled Income: 1185600.00
  • Number Of Units Total: 76
  • Number of Efficiency Units: 4
  • Number of One Bedroom Units: 62
  • Number of Two Bedroom Units: 10
  • Number Of Units Leased: 30

MLS Schools

  • School District: Detroit

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,079 $5,046,300 $0 $0
2024 $18,079 $4,814,900 $0 $0
2023 $17,598 $4,407,200 $0 $0
2022 $19,023 $3,759,300 $0 $0
2021 $18,396 $2,732,200 $0 $0
2020 $18,389 $2,495,900 $0 $0
2019 $18,048 $2,370,800 $0 $0
2018 $15,349 $307,300 $0 $0
2017 $8,408 $264,900 $0 $0
2016 $19,453 $261,000 $0 $0
2015 $19,168 $237,300 $0 $0
2013 $18,569 $215,685 $0 $0
2010 -- $232,286 $13,860 $218,426
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $8,875,000 -- $169 / Sq Ft
Source: Realcomp

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Future Advance Clause Open End Mortgage
Closed $2,209,103 Future Advance Clause Open End Mortgage
Closed $2,000,000 Commercial
Source: Public Records

Source: Realcomp

MLS Number: 20251031056

Realcomp

APN: 01-000626