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15860 Joy Road Detroit MI 48228US20251050711
15860 Joy Road DetroitMI48228
4500000.0000 1/1/1900 12:00:00 AM
Realty Executives Classic (Michigan)
13039 Michigan AvenueDearbornMI48126
313-581-5002
1 /

Courtesy of: Lauryn Johnson, KW Domain, laurynlojo@gmail.com

15860 Joy Road
Detroit MI 48228 US

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1 /

Courtesy of: Lauryn Johnson, KW Domain, laurynlojo@gmail.com

Realty Executives Classic (Michigan)
13039 Michigan Avenue
Dearborn, MI, US 48126
313-581-5002

Get more info about this property

15860 Joy Road
Detroit MI 48228 US

$4,500,000

Active Listing ID 20251050711
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Lot: 1.72 Acres
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Other

$4,500,000

Active Listing ID 20251050711
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15860 Joy Road REDUCED! WELCOME TO GREENFIELD VILLAS! LOCATED 6 MINUTES FROM THE HISTORIC CITY OF DEARBORN YOU WILL FIND THIS 60 UNIT ALL SECTION 8 COMPOUND NESTLED ON A 2 ACRE LOT IN THE QUIET OAKMAN BOULEVARD NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 36 TWO BEDROOM 24 ONE BEDROOM APARTMENTS. SHE HAS BEEN CAREFULLY UPGRADED STARTING FROM THE 400 SQUARE BRAND NEW 40 YEAR ROOF WITH HIGH DEFINITION SHINGLES TO EVERY INCH OF ELECTRICAL IN EACH UNIT. SPEAKING OF BRAND NEW, THIS DIAMOND SHINES BRIGHT THROUGH EACH AND EVERY NEW WINDOW, NEW GUTTER AND NEW PIECE OF TRIM. IN ADDITION, THIS BEAUTY HAS A NEWER HEATING SYSTEM AND BRAND NEW PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. EVERY UNIT HAS BEEN RENTED TO SECTION 8 TENANTS, THE MONTHLY DIVIDENDS ARE JUST UNDER $50, 000 A MONTH AND ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER’S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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Property Features

  • Facts
  • Lot Size: 1.72 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4500000
  • unparsedaddress: 15860 Joy Road
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48228
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.72
  • lotsizeunits: Acres
  • lotsizearea: 1.72
  • livingarea: 36221
  • livingareaunits: Square Feet
  • listagentfullname: Lauryn Johnson
  • listagentemail: laurynlojo@gmail.com
  • listagentkey: 3yd-REALCOMPMI-462908
  • listagentmlsid: 462908
  • listagentpreferredphone: 2482072994
  • listagentofficephone: 2485900800
  • listofficekey: 3yd-REALCOMPMI-391898
  • listofficemlsid: 391898
  • disclaimer: 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.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1951
  • listingcontractdate: 2025-11-01
  • countyorparish: Wayne
  • parcelnumber: W22I003043S001
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KW Domain Birmingham", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"laurynlojo@gmail.com", "ListBrokerageCity":"Birmingham", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw1017@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"KW Domain Birmingham", "ListBrokeragePhone":"(248) 590-0800", "ListBrokeragePostalCode":"48009", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"210 S. Old Woodward Ave, Ste 200", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"210 S Old Woodward Ave Suite 200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"252145", "ListOfficeCity":"Birmingham", "ListOfficeCountry":"US", "ListOfficeEmail":"frontdesk1017@kw.com", "ListOfficePostalCode":"48009", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartments, Real Estate Only - Detroit, MI", "ListingURL":"https://listings.listhub.net/pages/REALCOMPMI/20251050711/?channel=rexren", "MLSModificationTimestamp":"2025-11-20T23:43:20Z", "Neighborhoods":[{"Description":null, "Name":"Det - Joy-Dbn Ht Grnfld-Limits"}], "PostalCode":null, "RawPropertySubType":"Apartments, Real Estate Only", "RawPropertyType":"Commercial/Industrial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":30886, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 1:23:20 AM GMT
Source Updated Date: 1/12/2026 6:52:21 AM GMT

Courtesy of: Lauryn Johnson, KW Domain, laurynlojo@gmail.com

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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