5045 Trumbull Street Active

Detroit,MI 48208

$ 750000

2 Beds

- Bath

8894 SqFt


Key Details

Property Type Commercial

Sub Type Apartments,Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 8,894 sqft

Price per Sqft $84

Subdivision Avery & Murphys Sub

MLS Listing ID 20251017127

Bedrooms 2

Year Built 1910

Annual Tax Amount $5,481

Lot Size 0.370 Acres

Property Sub-Type Apartments,Real Estate Only

Property Description

Located on Trumbull Avenue in the heart of Woodbridge directly across the street from Wayne State
University, this sale includes a brick duplex, a brick commercial building, parking lot, and two ga-
rage structures. Both buildings were built in 1910, and the duplex features two two-bedroom apart-
ments with an unfinished basement and a skywalk connecting the buildings on the second floor.
5045 Trumbull was built as a stately single-family home and has since been converted into a com-
mercial building, housing a former funeral home. The building features original character with beau-
tiful intricate woodworking, and has potential to be converted back to a single-family home or a
multi-family apartment building. A parking lot and two brick garages are included in the sale. Zoned
R-3, which allows for low-density multi-family developments, the property occupies more than 120
feet of Trumbull Avenue frontage. With property values in Woodbridge continuing to steadily in-
crease as new businesses open, this portfolio presents a great investment opportunity in a strong
Detroit neighborhood.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Commercial,Multi-Family,Multiple,Residential

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Full Service

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