Detroit Multifamily Investment
15860 Joy Road, Detroit, MI 48228
MULTI_FAMILY - Other - Detroit, MI
Property size:
48,336 SFLot size:
1.72 AcresPrice / SF:
$82/SF- Added:
- Nov 1, 2025
- Days on Market:
- 236
- Last Refresh:
- Jun 24 at 3:06 pm
Property Features for 15860 Joy Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 96
- Bathrooms
- 60
- Rooms
- Bathroom 23, Bathroom 40, Bathroom 26, Bathroom 32, Bedroom 86, Bathroom 9, Bedroom 8, Bedroom 96, Bedroom 61, Bathroom 44, Bathroom 25, Bedroom 60, Bedroom 12, Bathroom 7, Bathroom 14, Bathroom 28, Bedroom 1, Bedroom 85, Bedroom 95, Bedroom 41, Bedroom 28, Bedroom 71, Bathroom 33, Bathroom 41, Bedroom 47, Bedroom 88, Bedroom 19, Bathroom 15, Bathroom 51, Bedroom 65, Bedroom 52, Bathroom 34, Bedroom 26, Bedroom 94, Bathroom 21, Basement, Bedroom 59, Bedroom 80, Bathroom 20, Bathroom 30, Bedroom 15, Bedroom 74, Bedroom 21, Bathroom 43, Bathroom 54, Bathroom 10, Bedroom 22, Bedroom 30, Bedroom 56, Bathroom 6, Bedroom 90, Bedroom 18, Bedroom 78, Bathroom 56, Bedroom 20, Bedroom 82, Bedroom 91, Bedroom 66, Bathroom 39, Bathroom 60, Bedroom 57, Bedroom 14, Bedroom 63, Bathroom 53, Bedroom 81, Bathroom 17, Bedroom 76, Bathroom 42, Bathroom 4, Bedroom 36, Bedroom 46, Bathroom 57, Bedroom 4, Bathroom 11, Bedroom 3, Bathroom 5, Bedroom 68, Bedroom 7, Bedroom 31, Bedroom 42, Bedroom 6, Bedroom 29, Bedroom 67, Bathroom 35, Bedroom 89, Bedroom 13, Bathroom 18, Bathroom 2, Bedroom 51, Bedroom 37, Bedroom 84, Bathroom 49, Bedroom 16, Bedroom 25, Bedroom 58, Bathroom 13, Bedroom 50, Bathroom 37, Bathroom 48, Bathroom 50, Bedroom 64, Bedroom 92, Bathroom 29, Bathroom 38, Bedroom 93, Bedroom 69, Bathroom 27, Bedroom 34, Bedroom 10, Bedroom 70, Bathroom 8, Bedroom 17, Bedroom 5, Bathroom 24, Bedroom 62, Bedroom 87, Bathroom 31, Bedroom 27, Bedroom 54, Bedroom 75, Bedroom 77, Bedroom 38, Bedroom 33, Bathroom 59, Bedroom 73, Bedroom 2, Bedroom 32, Bedroom 35, Bedroom 53, Bedroom 79, Bathroom 36, Bathroom 52, Bedroom 43, Bathroom 47, Bedroom 24, Bedroom 44, Bedroom 45, Bathroom 19, Bathroom 12, Bathroom 1, Bedroom 72, Bedroom 23, Bedroom 39, Bathroom 16, Bathroom 46, Bedroom 48, Bedroom 9, Bedroom 40, Bathroom 22, Bathroom 55, Bathroom 58, Bedroom 83, Bedroom 49, Bedroom 11, Bathroom 45, Bathroom 3, Bedroom 55
- Standard status
- Active
- APN
- W22I003043S001
- Size
- 48,336 SF
- Lot size
- 1.72 Acres
Taxes and HOA fees
- Tax Description
- N JOY RD 30 THRU 7 6 EXC E 12 FT OF S 110 FT 5 THRU 1 EXC S 110 FT FRISCHKORNS JOY RD SUB L70 P57 PLATS, W C R 22/714 496.70 IRREG
- Tax Annual Amount
- 30886
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 2
- Number of units
- 60
- Building materials
- Brick
- Architectural style
- Other
Listing agent Lauryn Johnson (248) 590-0800
Listing office KW Domain 210 S Old Woodward Ave Suite 200, Birmingham, MI (248) 590-0800
Listing date Nov 1, 2025
MLS# 20251050723
Listing URL
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 100% Occupancy with Section 8 Tenants ensures consistent rental income.
- Recently Remodeled units.
- New Roof, Windows, Gutters, Trim, Plumbing and Newer Heating System highlight capital improvements.
- 60 Units (36 Two‑Bedroom, 24 One‑Bedroom) provides a diverse unit mix.
- Located Near Historic Dearborn.
- Tenants Pay All Utilities, reducing operating expenses.
Overview
Located approximately 6 minutes from Dearborn, this 60-unit apartment complex, known as Greenfield Villas, is situated on a 1.72-acre lot in the Oakman Boulevard neighborhood. The property consists of 36 two-bedroom and 24 one-bedroom apartments. The building has been recently remodeled, featuring a 400 square foot roof with high-definition shingles. Electrical systems have been upgraded in each unit. The property includes new windows, gutters, and trim. A newer heating system and new plumbing have been installed. Fresh paint and new carpet with underlayment have been added. All units are rented to Section 8 tenants, who are responsible for all utilities. The property size is 48336 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Shcool Craft College
High School
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.202667
- Latitude
- 42.358456
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Sixty-unit apartment complex near Dearborn, fully occupied with Section 8 tenants.
Where is this apartment building located?
The property is located at 15860 Joy Road Detroit, MI.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 100% Occupancy with Section 8 Tenants ensures consistent rental income.; Recently Remodeled units.; New Roof, Windows, Gutters, Trim, Plumbing and Newer Heating System highlight capital improvements.
