Off Market Nov 2023 for $640K

—

•

— ba

•

13,360

sq ft

15024 JOY Rd, Detroit, MI 48228 6002

About this home

Exciting Investment Prospect Available! This apartment complex presents a promising avenue for growth with the potential to enhance its value through minor unit repairs. Boasting a zero-eviction track record and a roster of great tenants, the property consists of 18 units. Among these, 17 feature one bedroom and one bathroom, while the remaining unit offers two bedrooms and one bathroom. This is a prime opportunity to capitalize on the property's latent potential and secure a sound investment.

0.42 acresLot Size

$48Price/Sq.Ft.

Listed by Laura Sanchez • Creative USA Investment Group LLC

•313-802-4736 (broker)

Bought with Robert Funk • RE/MAX First

•313-800-7653 (broker)

Redfin checked: 2 minutes ago

•Source:MiRealSource-MiMLS #60247141

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 48228, MI

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

94.9%

0.3% MoM

Median sale price

$88,962

$4K MoM

Avg. days on market

41d

3 days MoM

Recently sold homes

127

3 MoM

New listings for sale

NEW 9 HRS AGO
$129,900
3 beds2 baths2,032 sq ft
9107 Stout St, Detroit, MI 48228 1657
(313) 395-0000
NEW 22 HRS AGO
$62,900
2 beds1 bath850 sq ft
11667 Stahelin Ave, Detroit, MI 48228 1345
(313) 277-7777
NEW 33 HRS AGO
$99,900
3 beds1 bath1,521 sq ft
9131 Steel St, Detroit, MI 48228 2679
(248) 729-0011
NEW 35 HRS AGO
$159,900
3 beds3 baths1,759 sq ft
6801 RUTLAND St, Detroit, MI 48228 4707
(313) 792-8030
COMING SOON
$159,500
3 beds1 bath2,184 sq ft
7647 Faust Ave, Detroit, MI 48228 3454
(888) 501-7085
$49,000
3 beds1 bath1,851 sq ft
8543 Mark Twain St, Detroit, MI 48228 2425
(313) 384-5731
$90,000
3 beds1 bath1,724 sq ft
8863 Coyle St, Detroit, MI 48228 2317
(888) 501-7085
$135,000
3 beds2.5 baths1,810 sq ft
9617 Auburn St, Detroit, MI 48228 1693
(586) 935-2064
$40,000
2 beds1 bath686 sq ft
8443 Mettetal St, Detroit, MI 48228 1953
(313) 752-0000
$69,500
3 beds1 bath1,950 sq ft
9381 Fielding St, Detroit, MI 48228 1533
(888) 501-7085
See all

Provided by Redfin

Sale history for 15024 JOY Rd

Date

Event

Price

MiRealSource-MiMLS #60247141

Nov 7, 2023

Sold

$640,000

$48/sq ft

Oct 4, 2023

Listing Removed

—

Oct 4, 2023

Pending

—

Sep 19, 2023

Listing Removed

—

Sep 19, 2023

Contingent

—

Aug 18, 2023

Listing Removed

—

Aug 18, 2023

Relisted

—

Aug 17, 2023

Listing Removed

—

Aug 16, 2023

Listed

$785,000

$59/sq ft

MiRealSource-MiMLS #40242449

Apr 18, 2023

Listing Removed

—

Apr 18, 2023

Relisted

—

Mar 30, 2023

Listing Removed

—

Mar 30, 2023

Relisted

—

Mar 9, 2023

Listing Removed

—

Mar 9, 2023

Relisted

—

Mar 3, 2023

Listing Removed

—

Mar 3, 2023

Relisted

—

Dec 20, 2022

Listing Removed

—

Dec 20, 2022

Relisted

—

Nov 3, 2022

Listing Removed

—

Oct 4, 2021

Listed

$785,000

$59/sq ft

MiRealSource-MiMLS #21631840

Jan 17, 2020

Listing Removed

—

Jul 17, 2019

Listed

$640,000

$48/sq ft

MiRealSource-MiMLS #21216343

Dec 26, 2017

Sold

$370,000

$28/sq ft

Sep 15, 2016

Listed

$454,900

$34/sq ft

REALCOMP #58031294831

Sep 6, 2016

Listing Removed

—

Jun 21, 2016

Listed

$470,000

$35/sq ft

MiRealSource-MiMLS #31184096

Jun 10, 2014

Sold

$255,000

$19/sq ft

Jun 5, 2014

Listing Removed

—

Mar 11, 2014

Listed

$270,000

$20/sq ft

MiRealSource-MiMLS #20633166

Jun 10, 2014

Sold

$255,000

$19/sq ft

Dec 9, 2013

Listed

$270,000

$20/sq ft

MiRealSource-MiMLS #31176031

Feb 24, 2014

Listing Removed

—

Dec 9, 2013

Listed

$270,000

$20/sq ft

MiRealSource-MiMLS #20620069

Mar 19, 2013

Listing Removed

—

Feb 23, 2012

Listed

$297,000

$22/sq ft

MiRealSource-MiMLS #20620563

Dec 7, 2011

Listing Removed

—

Sep 19, 2011

Listed

$399,900

$30/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

183 ft.

Lot depth

100 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Wayne County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Dec 10, 2024.

General Business District

The B4 General Business District provides for business and commercial uses of a thoroughfare-oriented nature. In addition to these uses, other businesses, which may benefit by drawing part of their clientele from passing traffic are permitted. Additional uses, which may be successfully blended with permitted by-right uses, are conditional.

Permitted uses

Include but are not limited to:

Automotive sales
General retail
Restaurant
Hospital / medical center
Housing-Group
Housing-Senior
Housing-Student
Manufacturing
Mixed use building
Office

Property details

Exterior

Property Information
Year Built: 19

Land Information
Acreage: 0.42
Frontage: 183

Financial

Tax/Assessments Information
Taxable Value: $62,298
Total Tax Amount: $5,546
Has Assessments
Assessments Amount: $100

Lease/Rent Information
Has Lease

Location

Address Information
Street Designation: Road

Location Details
Directions: East of Greenfield Road, North side of Joy Road
Municipality Type: City
Municipality: Detroit
Area (Municipality): Detroit (82001)

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Wayne County
APN: —

Home facts updated by county records on Dec 10, 2024

Around this home

Schools

Mackenzie Elementary-Middle School

Public PreK-8 • Assigned • 1.7mi

3/10

Cody High School

Public 9-12 • Assigned • 1.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Detroit, MI • 48228 6002

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2.6 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2.6 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 48228 1657

NEW 9 HRS AGO

$129,900

3 beds2 baths2,032 sq ft

9107 Stout St, Detroit, MI 48228 1657

(313) 395-0000

NEW 22 HRS AGO

$62,900

2 beds1 bath850 sq ft

11667 Stahelin Ave, Detroit, MI 48228 1345

(313) 277-7777

NEW 33 HRS AGO

$99,900

3 beds1 bath1,521 sq ft

9131 Steel St, Detroit, MI 48228 2679

(248) 729-0011

NEW 35 HRS AGO

$159,900

3 beds3 baths1,759 sq ft

6801 RUTLAND St, Detroit, MI 48228 4707

(313) 792-8030

COMING SOON

$159,500

3 beds1 bath2,184 sq ft

7647 Faust Ave, Detroit, MI 48228 3454

(888) 501-7085

$49,000

3 beds1 bath1,851 sq ft

8543 Mark Twain St, Detroit, MI 48228 2425

(313) 384-5731

$90,000

3 beds1 bath1,724 sq ft

8863 Coyle St, Detroit, MI 48228 2317

(888) 501-7085

$135,000

3 beds2.5 baths1,810 sq ft

9617 Auburn St, Detroit, MI 48228 1693

(586) 935-2064

$40,000

2 beds1 bath686 sq ft

8443 Mettetal St, Detroit, MI 48228 1953

(313) 752-0000

Home values near 15024 JOY Rd

Data from public records.

Address	Redfin Estimate
14918 Joy Rd, Detroit, MI 15 Beds \| 15 Baths \| 9479 Sq. Ft.	—
8825 Robson St, Detroit, MI - Beds \| 1 Baths \| 1177 Sq. Ft.	$60,296

Address	Redfin Estimate
15003 Joy Rd, Detroit, MI - Beds \| - Baths \| 7250 Sq. Ft.	—
8840 Robson St, Detroit, MI - Beds \| 1 Baths \| 1030 Sq. Ft.	$41,073

Address	Redfin Estimate
15037 Joy Rd, Detroit, MI - Beds \| - Baths \| - Sq. Ft.	—
8850 Coyle St, Detroit, MI 2 Beds \| 1 Baths \| 844 Sq. Ft.	$62,887

Property information provided by MiRealSource-MiMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 48228, MI

Sale history for 15024 JOY Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 48228 1657

Home values near 15024 JOY Rd

More real estate resources