60-Unit Apartment
New
For Sale
$4,000,000
15860 Joy Road, Detroit, MI 48228
Multifamily, 2 Story, Detroit, MI
Property Size48,336 SF
Lot Size1.72 Acres
Price / SF$82.75
Days on Market3
Property Features for 15860 Joy Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
96
Bathrooms
60
Full bathrooms
60
Rooms
Bedroom 57, Bedroom 23, Bedroom 39, Bedroom 86, Bathroom 26, Bedroom 60, Bathroom 44, Bedroom 72, Bathroom 53, Bathroom 34, Bathroom 15, Bathroom 54, Bathroom 48, Bedroom 62, Bedroom 35, Bathroom 60, Bathroom 55, Bedroom 27, Bedroom 45, Bathroom 8, Bedroom 38, Bedroom 11, Bedroom 36, Bedroom 79, Bedroom 65, Bathroom 31, Bathroom 22, Bedroom 96, Bedroom 70, Bedroom 80, Bathroom 4, Bathroom 21, Bathroom 57, Bedroom 30, Bedroom 44, Bathroom 1, Bedroom 21, Bathroom 27, Bedroom 90, Bedroom 92, Bathroom 2, Bedroom 61, Bedroom 53, Bedroom 56, Bathroom 20, Bedroom 20, Bedroom 73, Bathroom 24, Bedroom 1, Bathroom 43, Bathroom 58, Bedroom 78, Bathroom 13, Bathroom 6, Bedroom 88, Bedroom 43, Bathroom 9, Bathroom 40, Bedroom 81, Bedroom 52, Bedroom 42, Bathroom 5, Bathroom 19, Bedroom 16, Bedroom 48, Bathroom 14, Bedroom 95, Bathroom 17, Bathroom 30, Bedroom 22, Bathroom 35, Bathroom 38, Bedroom 34, Bedroom 83, Bedroom 58, Bedroom 47, Bathroom 23, Bedroom 3, Bathroom 10, Bedroom 76, Bedroom 54, Bedroom 77, Bedroom 91, Bedroom 46, Bathroom 18, Bedroom 55, Bedroom 33, Bathroom 56, Bedroom 75, Bedroom 67, Bathroom 45, Bedroom 26, Bedroom 66, Bathroom 49, Bathroom 47, Bathroom 59, Bathroom 52, Bathroom 42, Bathroom 3, Bedroom 50, Bathroom 28, Bedroom 7, Bedroom 28, Bedroom 24, Bedroom 15, Bedroom 59, Bedroom 6, Bedroom 93, Bedroom 41, Bedroom 25, Bathroom 51, Bedroom 51, Bedroom 13, Bedroom 31, Bedroom 9, Bathroom 7, Bedroom 14, Bedroom 10, Bedroom 64, Bathroom 29, Bedroom 94, Bedroom 32, Bathroom 36, Bedroom 4, Bedroom 17, Bedroom 89, Bedroom 68, Bedroom 29, Bedroom 69, Bedroom 12, Bedroom 87, Bathroom 46, Bathroom 37, Bedroom 5, Bathroom 32, Bedroom 49, Bedroom 85, Bedroom 74, Basement, Bedroom 63, Bedroom 37, Bathroom 12, Bedroom 84, Bedroom 40, Bedroom 71, Bathroom 11, Bathroom 41, Bedroom 8, Bathroom 16, Bathroom 39, Bathroom 33, Bathroom 50, Bedroom 18, Bedroom 19, Bedroom 82, Bedroom 2, Bathroom 25
Subdivision
Frischkorns Joy Road
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
S On Southfield Fwy, E On Joy Rd, Building Is On The Right
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
Legal 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
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 Agency:
Realtyflo Inc
(313) 466-7253
Listed By:
Marta Kopania · License #6501424283
(734) 301-6553
Added: Oct 14
Last Checked: Oct 16 at 7:06AM
MLS# 20261083592
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.
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Investment Insights
Based on property information with market context.
This 60-unit apartment property in Detroit contains 48,336 square feet across a two-story building on 1.72 acres. The unit mix comprises 36 two-bedroom apartments and 24 one-bedroom apartments. Built in 1951, the brick property has forced-air heating and public water. Zoning is Multi-Family.
Reported improvements include updated electrical systems in each unit, newer plumbing and heating, and replacement windows, gutters, and trim. Interior work includes fresh paint and new carpet. The remarks also describe a recently installed roof, though the stated roof measurement is unclear. The property is presented for a Section 8 rental program, with tenants responsible for utilities.
Reported improvements include updated electrical systems in each unit, newer plumbing and heating, and replacement windows, gutters, and trim. Interior work includes fresh paint and new carpet. The remarks also describe a recently installed roof, though the stated roof measurement is unclear. The property is presented for a Section 8 rental program, with tenants responsible for utilities.
Key Highlights
- 60 apartment units: 36 two‑bedroom and 24 one‑bedroom
- 48,336 square feet on a 1.72‑acre lot
- Two‑story brick building constructed in 1951
Property Analytics
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Current Use
Lease Details
60
Residential units
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
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Business Placement
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The two-bedroom and one-bedroom mix serves a stated Section 8 rental program.
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: 60 apartment units: 36 two‑bedroom and 24 one‑bedroom; 48,336 square feet on a 1.72‑acre lot; Two‑story brick building constructed in 1951
