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Street View
$4,000,000
Monthly Est:$19,909
-- Bed
60 Baths60 full baths
84,557sqft
15860 Joy Rd, Detroit, MI 48228
$4,000,000
$19,909/moEst:
Get Pre-Approved
Multi Family
Built in 1951
$-- HOA
1.72 acres lot
$47/sq.ft
Description
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 NEWER 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.
- Houzeo last checked: 1 hour ago
- Listing updated: October 14, 2026 at 10:04 pm
- Listing Provided by: Marta Kopania (734) 301-6553 | Realtyflo Inc (313) 466-7253
- Source: Realcomp MLS-MI | MLS#: 20261083592
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1951
HOA Fees
-
Finished Area
84,557 sqft
Lot Size
1.72 acres lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261083592
MLS Status
Active
Days on Market
5
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 60
Interior
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1951
Home type
Multi Family
Construction Materials
Brick
Architectural Style
Upper Lower Apartment
Foundation Details
Basement, Brick Mortar, Poured
Utilities & Energy
Pool Features
None
Basement
Finished
Water Source
Public
Other Features
Disclosures
Actual Income, Annual Property Operating Data Available, Taxes Not Homestead Exempt
Subdivision Name
Frischkorns Joy Road
Price History
| Date | Event | Price |
|---|---|---|
10/14/2026 Source: | Listed for Sale | $4,000,000 +2.56% $83/sqft |
08/15/2026 Source: | Price Decreased | $3,900,000 -2.50% $81/sqft |
07/13/2026 Source: | Listing Removed | $3,999,950 +2.56% $83/sqft |
07/12/2026 Source: | Listing Removed | $3,900,000 $81/sqft |
07/12/2026 Source: | Off Market | $3,900,000 -2.50% $81/sqft |
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Joy Community Ranks #137 in Detroit, MI
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 20, 2026, 04:45PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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