Search
12-Unit Apartment Building
New
For Sale
$260,000

10400 Joy Rd, Detroit, MI 48204

The vacant residential property contains 12 bedrooms and 12 bathrooms and is offered in its current condition.

Property Size3,886 SF
Price / SF$44.94
Days on Market2

Property Features for 10400 Joy Rd

General Information

Standard status Active
Size 3,886 SF
Property subtype Investment

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $19,707

Building Details

Building Size 3,886 SF
Year Built 1969
Units 12
Listed By: Berkeley Champlin
Source: Elliman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkeley Champlin

Investment Insights

Based on property information with market context.

This 12-unit apartment property in Detroit was built in 1969 and contains approximately 5,786 square feet, with 12 bedrooms and 12 bathrooms. The building is vacant and is being sold as-is.

Walk Score is 83, Bike Score is 50, and Transit Score is 47. Showings are by appointment, with access arranged through ShowingTime.

Key Highlights

  • 12‑unit apartment property with approximately 5,786 square feet
  • 12 bedrooms and 12 bathrooms
  • Built in 1969

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - The vacant residential property contains 12 bedrooms and 12 bathrooms and is offered in its current condition.
Where is this apartment building located?
The property is located at 10400 Joy Rd Detroit, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 12‑unit apartment property with approximately 5,786 square feet; 12 bedrooms and 12 bathrooms; Built in 1969
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again