14801 Joy Road Detroit MI 48228 MLS #20261004807

There are multiple listings for this address:
14801 Joy Road
Detroit, MI, 48228
$850,000
Beds
0 Baths
8,326 SqFt
0.23 Acres
Add
MLS #20261004807 image #0
Prime value-add multifamily investment opportunity in Detroit. This 14-unit property (all 1-bedroom units) is approximately 50% occupied with 7 paying tenants one of which is section 8,. Six units are vacant and currently being turned. 1 unit is currently being used for storage. Six of the seven units will be renting in the next 30-60 days providing immediate cash flow and a clear path to increased NOI. Once all of these units are rented again this property will gross around 12000 per month or 134400 annually. Extensive upgrades and improvements completed since 2023 reduce near-term capital expense risk while enhancing rent growth potential. Significant upside remains through stabilization of vacant units and continued rental optimization. Ideal for investors seeking strong yield, forced appreciation, and long-term portfolio growth. Let’s make a deal.

Property Details

Price:
$850,000
MLS #:
20261004807
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
OBENAUER-BARBER-LAING ORCHARD BLVD SUB
Neighborhood:
05042det6tiregrnfldlivernois
Listed Date:
Jan 23, 2026
Finished Sq Ft:
8,326
Year Built:
1959
Short SaleCommonentrybuilding05042 – Det 6-tire – Grnfld – Livernois05042det6tiregrnfldlivernoisObenauer-barber-laing Orchard Blvd SubDetroitCall

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Schools

School District:
Detroit

Interior

Bathrooms
14 Full Bathrooms
Heating
Baseboard, Electric

Exterior

Architectural Style
CommonEntryBuilding
Construction Materials
Brick
Parking Features
ParkingLot

Financial

Net Operating Income
$81,300
Taxes
$8,261

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Commercial in Detroit as of Mar 22, 2026
511
Commercial Listed
270
Avg DOM
144
Avg $ / SqFt
$566,487
Avg List Price

Property Summary

    Located in the OBENAUER-BARBER-LAING ORCHARD BLVD SUB subdivision, 14801 Joy Road Detroit MI is a Commercial for sale in Detroit, MI, 48228. It is listed for $850,000 To schedule a showing of MLS#20261004807 at 14801 Joy Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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14801 Joy Road
Detroit, MI
14801 Joy Road
Detroit, MI, 48228
$850,000
Beds
14 Baths
8,326 SqFt
0.23 Acres
Add
MLS #20261005534 image #0
Prime value-add multifamily investment opportunity in Detroit. This 14-unit property (all 1-bedroom units) is approximately 50% occupied with 7 paying tenants one of which is section 8,. Six units are vacant and currently being turned. 1 unit is currently being used for storage. Six of the seven units will be renting in the next 30-60 days providing immediate cash flow and a clear path to increased NOI. Once all of these units are rented again this property will gross around 12000 per month or 134400 annually. Extensive upgrades and improvements completed since 2023 reduce near-term capital expense risk while enhancing rent growth potential. Significant upside remains through stabilization of vacant units and continued rental optimization. Ideal for investors seeking strong yield, forced appreciation, and long-term portfolio growth. Let’s make a deal.

Property Details

Price:
$850,000
MLS #:
20261005534
Status:
Active
Beds:
0
Baths:
14
Type:
Single Family
Subtype:
Multi Family
Subdivision:
OBENAUER-BARBER-LAING ORCHARD BLVD SUB
Neighborhood:
05042det6tiregrnfldlivernois
Listed Date:
Jan 27, 2026
Finished Sq Ft:
8,326
Year Built:
1959
Short SaleCommonentrybuilding05042 – Det 6-tire – Grnfld – Livernois05042det6tiregrnfldlivernoisObenauer-barber-laing Orchard Blvd SubDetroitCall

Ask a Question

See this Listing

Send
  

Schools

School District:
Detroit

Interior

Bathrooms
14 Full Bathrooms
Heating
Baseboard, Electric

Exterior

Architectural Style
CommonEntryBuilding
Construction Materials
Brick
Parking Features
ParkingLot

Financial

Net Operating Income
$81,300
Taxes
$8,261

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Mar 22, 2026
511
Single Family Listed
270
Avg DOM
144
Avg $ / SqFt
$566,487
Avg List Price

Property Summary

    Located in the OBENAUER-BARBER-LAING ORCHARD BLVD SUB subdivision, 14801 Joy Road Detroit MI is a Single Family for sale in Detroit, MI, 48228. It is listed for $850,000 and features 0 beds, 14 baths, and has approximately 8,326 square feet of living space, and was originally constructed in 1959. The current price per square foot is $102. The average price per square foot for Single Family listings in Detroit is $144. The average listing price for Single Family in Detroit is $566,487. To schedule a showing of MLS#20261005534 at 14801 Joy Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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