$4,000,000
15860 Joy Road
Detroit, MI, 48228
REDUCED! 100% OCCUPANCY! WELCOME TO GREENFIELD VILLAS!LOCATED 6 MINUTES FROM THE HISTORIC CITY OF DEARBORN YOU WILL FINDTHIS 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.
Property Details
Price:
$4,000,000
MLS #:
20251050723
Status:
Active
Beds:
0
Baths:
60
Type:
Single Family
Listed Date:
Nov 1, 2025
Lot Size:
74,923 sqft / 1.72 acres (approx)
Year Built:
1951
Schools
School District:
Detroit
Interior
Heating
Forced Air
Exterior
Construction Materials
Brick
Financial
Taxes
$30,886
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Apr 30, 2026
3,728
Single Family Listed
143
Avg DOM
84
Avg $ / SqFt
$150,748
Avg List Price
Community
- Address15860 Joy Road Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48228
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
- ARDENWOOD
- ARTHUR J SCULLYS VOGT FARM NO 1
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- BERNART & FISCHERS SUB
- Berry Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Boston Edison
- Boston-Edison
- CENTER TOWN AND CARRIAGE HOMES NORTH
- COLLEGE VIEW
- COOPERS LEIGH G CADIEUX SEVEN
- DET ROYAL GARDENS PLATS
- Detroit City
- Detroit Golf
- DORANS LA SALLE BLVD ANNEX PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- Eastern Heights Land Companys Sub 1
- Eastern Heights Land Cos Sub
- EDISON HEIGHTS
- Elmwood Park Urban Renewal Plat 1
- EMERSON MANOR PLATS
- ENGEL CHARLES NO 1
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand Dale 5
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEO W RENCHARDS COLLEGEDALE SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grandmont
- Greenwich Park 1
- GREENWICH PARK SUB
- Grosse Pointe City
- Grosse Pointe Farms City
- Groveland
- Hamtramck City
- Harrah & Sosnowskis Hamtramck
- HENDRIES
- Highland Park City
- HITCHMANS LITTLE FARMS
- Howell-Mack Euclid Ave Sub
- Lahser Ave Super
- LEBOTS
- LINWOOD PARK SUB PLATS
- Log Cabin Heights subdivision
- Lothrop Est Co Ltd Lots 135 thru 184
- Lyndale Sub
- Marygrove Drive
- Mc Laughlin Bros
- MONNIER HEIGHTS THOS W WARDS
- Northville City
- Palmer Blvd Estates
- Parkers Resub
- Pingree Park
- PLUMERS SUB PLATS
- Plymouth
- Rosedale Park
- ROSEDALE PARK PLATS
- Rosedale Park Sub No. 9
- Roseland Park
- Rosemary Seven Mile Dr Plats
- Rouge Park Sub
- Russell Woods
- Russell Woods Subdivision
- Shorepointe Village
- Skrzycki Konczal
- Southfield gate
- SOUTHFIELD WOODS PLATS
- St Peter & Paul Sub 1
- SUNBEAM HEIGHTS
- Sunset Manor
- The Partner Land Subdivision
- The Partners Land Subdivision
- Voigt Park Sub
- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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Property Summary
- 15860 Joy Road Detroit MI is a Single Family for sale in Detroit, MI, 48228. It is listed for $4,000,000 and features 0 beds, 60 baths, and has approximately 0 square feet of living space, and was originally constructed in 1951. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $150,748.

15860 Joy Road
Detroit, MI

