15860 Joy Road Detroit MI 48228 MLS #20251050711

There are multiple listings for this address:
15860 Joy Road
Detroit, MI, 48228
$4,800,000
Beds
0 Baths
48,336 SqFt
1.72 Acres
Add
MLS #20251050711 image #0MLS #20251050711 image #1MLS #20251050711 image #2MLS #20251050711 image #3MLS #20251050711 image #4MLS #20251050711 image #5MLS #20251050711 image #6MLS #20251050711 image #7MLS #20251050711 image #8MLS #20251050711 image #9MLS #20251050711 image #10MLS #20251050711 image #11MLS #20251050711 image #12MLS #20251050711 image #13MLS #20251050711 image #14MLS #20251050711 image #15MLS #20251050711 image #16MLS #20251050711 image #17MLS #20251050711 image #18MLS #20251050711 image #19MLS #20251050711 image #20MLS #20251050711 image #21MLS #20251050711 image #22MLS #20251050711 image #23MLS #20251050711 image #24MLS #20251050711 image #25MLS #20251050711 image #26MLS #20251050711 image #27MLS #20251050711 image #28MLS #20251050711 image #29MLS #20251050711 image #30MLS #20251050711 image #31MLS #20251050711 image #32MLS #20251050711 image #33MLS #20251050711 image #34MLS #20251050711 image #35MLS #20251050711 image #36MLS #20251050711 image #37MLS #20251050711 image #38MLS #20251050711 image #39MLS #20251050711 image #40MLS #20251050711 image #41MLS #20251050711 image #42MLS #20251050711 image #43MLS #20251050711 image #44MLS #20251050711 image #45MLS #20251050711 image #46MLS #20251050711 image #47MLS #20251050711 image #48MLS #20251050711 image #49MLS #20251050711 image #50MLS #20251050711 image #51MLS #20251050711 image #52MLS #20251050711 image #53MLS #20251050711 image #54MLS #20251050711 image #55MLS #20251050711 image #56MLS #20251050711 image #57MLS #20251050711 image #58MLS #20251050711 image #59MLS #20251050711 image #60MLS #20251050711 image #61MLS #20251050711 image #62MLS #20251050711 image #63MLS #20251050711 image #64MLS #20251050711 image #65MLS #20251050711 image #66MLS #20251050711 image #67MLS #20251050711 image #68MLS #20251050711 image #69MLS #20251050711 image #70MLS #20251050711 image #71MLS #20251050711 image #72MLS #20251050711 image #73MLS #20251050711 image #74MLS #20251050711 image #75MLS #20251050711 image #76MLS #20251050711 image #77MLS #20251050711 image #78MLS #20251050711 image #79MLS #20251050711 image #80MLS #20251050711 image #81MLS #20251050711 image #82MLS #20251050711 image #83MLS #20251050711 image #84MLS #20251050711 image #85MLS #20251050711 image #86MLS #20251050711 image #87MLS #20251050711 image #88MLS #20251050711 image #89MLS #20251050711 image #90MLS #20251050711 image #91MLS #20251050711 image #92MLS #20251050711 image #93MLS #20251050711 image #94MLS #20251050711 image #95MLS #20251050711 image #96MLS #20251050711 image #97
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.

Property Details

Price:
$4,800,000
MLS #:
20251050711
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
FRISCHKORNS JOY ROAD
Neighborhood:
05092detjoydbnhtgrnfldlimits
Listed Date:
Nov 2, 2025
Finished Sq Ft:
48,336
Total Sq Ft:
36,221
Year Built:
1951
Short Sale05092 – Det – Joy-dbn Ht Grnfld-limits05092detjoydbnhtgrnfldlimitsFrischkorns Joy RoadDetroit

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Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$440,000
Taxes
$30,886

Map

Community

Market Summary

Current real estate data for Commercial in Detroit as of Nov 06, 2025
518
Commercial Listed
242
Avg DOM
165
Avg $ / SqFt
$614,063
Avg List Price

Property Summary

    Located in the FRISCHKORNS JOY ROAD subdivision, 15860 Joy Road Detroit MI is a Commercial for sale in Detroit, MI, 48228. It is listed for $4,800,000 To schedule a showing of MLS#20251050711 at 15860 Joy Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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broker reciprocity
MLS# 20251043637broker reciprocity
15241 Michigan Avenue Avenue
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2.9 miles away

15860 Joy Road
Detroit, MI
15860 Joy Road
Detroit, MI, 48228
$4,800,000
Beds
60 Baths
84,557 SqFt
1.72 Acres
Add
MLS #20251050723 image #0MLS #20251050723 image #1MLS #20251050723 image #2MLS #20251050723 image #3MLS #20251050723 image #4MLS #20251050723 image #5MLS #20251050723 image #6MLS #20251050723 image #7MLS #20251050723 image #8MLS #20251050723 image #9MLS #20251050723 image #10MLS #20251050723 image #11MLS #20251050723 image #12MLS #20251050723 image #13MLS #20251050723 image #14MLS #20251050723 image #15MLS #20251050723 image #16MLS #20251050723 image #17MLS #20251050723 image #18MLS #20251050723 image #19MLS #20251050723 image #20MLS #20251050723 image #21MLS #20251050723 image #22MLS #20251050723 image #23MLS #20251050723 image #24MLS #20251050723 image #25MLS #20251050723 image #26MLS #20251050723 image #27MLS #20251050723 image #28MLS #20251050723 image #29MLS #20251050723 image #30MLS #20251050723 image #31MLS #20251050723 image #32MLS #20251050723 image #33MLS #20251050723 image #34MLS #20251050723 image #35MLS #20251050723 image #36MLS #20251050723 image #37MLS #20251050723 image #38MLS #20251050723 image #39MLS #20251050723 image #40MLS #20251050723 image #41MLS #20251050723 image #42MLS #20251050723 image #43MLS #20251050723 image #44MLS #20251050723 image #45MLS #20251050723 image #46MLS #20251050723 image #47MLS #20251050723 image #48MLS #20251050723 image #49MLS #20251050723 image #50MLS #20251050723 image #51MLS #20251050723 image #52MLS #20251050723 image #53MLS #20251050723 image #54MLS #20251050723 image #55MLS #20251050723 image #56MLS #20251050723 image #57MLS #20251050723 image #58MLS #20251050723 image #59MLS #20251050723 image #60MLS #20251050723 image #61MLS #20251050723 image #62MLS #20251050723 image #63MLS #20251050723 image #64MLS #20251050723 image #65MLS #20251050723 image #66MLS #20251050723 image #67MLS #20251050723 image #68MLS #20251050723 image #69MLS #20251050723 image #70MLS #20251050723 image #71MLS #20251050723 image #72MLS #20251050723 image #73MLS #20251050723 image #74MLS #20251050723 image #75MLS #20251050723 image #76MLS #20251050723 image #77MLS #20251050723 image #78MLS #20251050723 image #79MLS #20251050723 image #80MLS #20251050723 image #81MLS #20251050723 image #82MLS #20251050723 image #83MLS #20251050723 image #84MLS #20251050723 image #85MLS #20251050723 image #86MLS #20251050723 image #87MLS #20251050723 image #88MLS #20251050723 image #89MLS #20251050723 image #90MLS #20251050723 image #91MLS #20251050723 image #92MLS #20251050723 image #93MLS #20251050723 image #94MLS #20251050723 image #95MLS #20251050723 image #96MLS #20251050723 image #97
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.

Property Details

Price:
$4,800,000
MLS #:
20251050723
Status:
Active
Beds:
0
Baths:
60
Type:
Single Family
Subtype:
Real Estate Only
Subdivision:
FRISCHKORNS JOY ROAD
Neighborhood:
05092detjoydbnhtgrnfldlimits
Listed Date:
Nov 1, 2025
Finished Sq Ft:
84,557
Total Sq Ft:
36,221
Year Built:
1951
Short Sale05092 – Det – Joy-dbn Ht Grnfld-limits05092detjoydbnhtgrnfldlimitsFrischkorns Joy RoadDetroit

Ask a Question

See this Listing

Send
  

Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$440,000
Taxes
$30,886

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Nov 06, 2025
518
Single Family Listed
242
Avg DOM
165
Avg $ / SqFt
$614,063
Avg List Price

Property Summary

    Located in the FRISCHKORNS JOY ROAD subdivision, 15860 Joy Road Detroit MI is a Single Family for sale in Detroit, MI, 48228. It is listed for $4,800,000 and features 0 beds, 60 baths, and has approximately 84,557 square feet of living space, and was originally constructed in 1951. The current price per square foot is $57. The average price per square foot for Single Family listings in Detroit is $165. The average listing price for Single Family in Detroit is $614,063. To schedule a showing of MLS#20251050723 at 15860 Joy Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

Similar Listings Nearby