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15860 Joy Road
Detroit MI 48228 US

$4,500,000

Active Listing ID 20251050723
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60.00 Bath (60 Full)
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Lot: 1.72 Acres
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Other

$4,500,000

Active Listing ID 20251050723
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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 IS TO BE RENTED TO SECTION 8 TENANTS. 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: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 60
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 4500000
  • unparsedaddress: 15860 Joy Road
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48228
  • bathroomsfull: 60
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.72
  • lotsizeunits: Acres
  • lotsizearea: 1.72
  • livingarea: 48336
  • 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 © 2025 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
  • yearbuilteffective: 2025
  • listingcontractdate: 2025-11-02
  • countyorparish: Wayne
  • parcelnumber: W22I003043S001
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • constructionmaterials: Brick
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • 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":"Upper/Lower Apartment - Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/15860-Joy-Rd_Detroit_MI_48228_M93022-29134?f=listhub&s=REALCOMPMI&m=20251050723&c=rexren", "MLSModificationTimestamp":"2025-12-10T17:58:20Z", "Neighborhoods":[{"Description":null, "Name":"Det - Joy-Dbn Ht Grnfld-Limits"}], "PostalCode":null, "RawPropertySubType":"Upper/Lower Apartment", "RawPropertyType":"Multi-Unit/Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":30886, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/11/2025 1:03:35 AM GMT
Source Updated Date: 12/20/2025 6:51:54 AM GMT

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

Copyright © 2025 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.