Super investment opportunity priced right. Seven minutes from downtown. four bedrooms, two full baths and two kitchens. Joy Rd. and Clairmount bus lines are within walking distance of the property. Each unit has separate entrance. Last occupied November 2022. Home is solid but could use some TLC. Seller is motivated.
Multi-familyProperty Type
1922Year Built
$25Est. Price/Sq.Ft.
Listed by Nolan Kimbrough• Clients First, REALTORS®
Super investment opportunity priced right. Seven minutes from downtown. four bedrooms, two full baths and two kitchens. Joy Rd. and Clairmount bus lines are within walking distance of the property. Each unit has separate entrance. Last occupied November 2022. Home is solid but could use some TLC. Seller is motivated.
REALCOMP #20221070099
Jan 17, 2023
Sold
$19,000
$10/sq ft
Jan 3, 2023
Pending
—
Dec 22, 2022
Listed
$19,900
$11/sq ft
Super investment opportunity priced right. Seven minutes from downtown. four bedrooms, two full baths and two kitchens. Joy Rd. and Clairmount bus lines are within walking distance of the property. Each unit has separate entrance. Last occupied November 2022. Home is solid but could use some TLC. Seller is motivated.
Year
Property tax
Land + Additions
Assessment*
2025
$376 (+63.9%)
2024
$230 (−10.0%)
2023
$255 (−68.3%)
2022
$805 (+266.0%)
2021
$220 (+29.4%)
2020
$170 (−78.3%)
2019
$782 (+360.3%)
2018
$170
2017
$170
2016
$170
2015
$170
2014
$170
2013
$170
Tax history for 5401/5403 Joy
Year
Property tax
Land + Additions
Assessment*
2025
$376 (+63.9%)
2024
$230 (−10.0%)
2023
$255 (−68.3%)
2022
$805 (+266.0%)
2021
$220 (+29.4%)
2020
$170 (−78.3%)
2019
$782 (+360.3%)
2018
$170
2017
$170
2016
$170
2015
$170
2014
$170
2013
$170
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1.5
Stories
2
Lot width
35 ft.
Lot depth
120 ft.
Lot size
4,356 Sq. Ft.
Year renovated
—
Sq. Ft.
1,872
Year built
1922
Style
Townhouse
County
Wayne County
APN
16004586.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R2
Two-Family Residential District
The R2 Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings. The district regulations are designed to promote a suitable environment for homes and for activities connected with family life. The only principal uses permitted by right are single- and two-family dwellings. Additional uses are conditional.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Laundry/Basement Information
Basement Type: Block
Exterior
Exterior Features
Exterior Construction: Aluminum
Foundation Type: Basement
Property Information
Property Type: Multi-Family
Structure Style: 2 Story
Year Built: 1922
Lot Information
Lot Size: 3,520
Zoning: Multi-Family
Land Information
Roads: Paved Street
Financial
Tax/Assessments Information
Total Tax Amount: $880
Summer Tax Amount: $805
Winter Tax Amount: $75
Utilities
Utility Information
Water: Public Water, Public Water At Street
Fuel Type: Natural Gas
Heating System: Forced Air
Sewer Septic: Public Sanitary, Public At Street
Location
Mult-Unit Information
# of Units (Total): 2
School Information
School District: Detroit City School District
School District: Detroit City School District
Location Details
Directions: I96 to Livernois to Joy
Municipality Type: City
Municipality: Detroit
Mail City: Detroit
Municipality: Detroit
Area (Municipality): Detroit (82001)
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,872
Stories: 2.0
Lot Size: 4,356 square feet
Style: Townhouse
Year Built: 1922
Year Renovated: —
County: Wayne County
APN: 16004586.
Home facts updated by county records on Aug 8, 2026
Other
Listing Information
Originating MLS: RealComp
Around this home
Schools
Sampsonwebber Leadership Academy
Public PreK-8 • Assigned • 0.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 71-79% chance 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 97° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48204
Average low and high temperatures (°F)
29
17
35
21
53
33
62
43
68
50
81
63
86
69
80
63
77
58
66
48
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 2.5 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
2.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$44,000 – $53,000
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