USAMIDetroitObenauer-Barber-Laing Orchard Blvd Sub14801 Joy Rd
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14801 Joy Rd, Detroit, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$850,000

000

MLS® 20261004807

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 8326 sqft
Garage No
HOA Fees 
Taxes $8,261
Days Active 0
Approx. Age 1959
Avg. Price Per Sqft $102
MLS® Number 20261004807

Property Address: 14801 Joy Rd, Detroit, MI, 48228-5617

Average square foot calculated using Size range provided by listing agent.

Description

Prime value-add multifamily investment opportunity in Detroit. This 14-unit property (all 1-bedroom units) is approximately 80% occupied with 11 paying tenants, providing immediate cash flow and a clear path to increased NOI. 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.
MLS® Number20261004807
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1959
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
14801 Joy Rd, Detroit, MI

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