Sold
Last Sold Price
15 beds9,479 sqft$66/sqft
14918 Joy Road, Detroit, MI 48228
Multi FamilyProperty Type
10,018 sq ftLot Size
1967Year Built
$66/sq ftPrice per sq ft

Description

One of a kind multi-family Looking for a great complex? Look no further! 15 units. Complex is getting great rent! 14.5% Cap rate! 12 one bedroom units Getting $600 - $650 per mo....and 3 studios getting $550 - $595 per mo.... Very little maintenance for a new owner! This complex has been 100% renovated! New windows, Hot water tanks, New carpet, New kitchens, New bathrooms, Freshly painted...etc. Cash buyers only. This complex just received its 2 YEAR C of O from the city in April 2018! Parking in...One of a kind multi-family Looking for a great complex? Look no further! 15 units. Complex is getting great rent! 14.5% Cap rate! 12 one bedroom units Getting $600 - $650 per mo....and 3 studios getting $550 - $595 per mo.... Very little maintenance for a new owner! This complex has been 100% renovated! New windows, Hot water tanks, New carpet, New kitchens, New bathrooms, Freshly painted...etc. Cash buyers only. This complex just received its 2 YEAR C of O from the city in April 2018! Parking in the back of the complex! Must see
  • Listed by: Justin Zehel 248.979.3466 Zehel@proteamkw.com Brokerage DRE #6505312663 • Keller Williams Realty Central
Listing closed: 12/12/2018 12:00 AM • Source: Realcomp, MLS#: 58031366682

Recent comparable sales

Median sold price

$235,000

Avg days on market

135

Sale-to-list ratio

50.3%

Detroit, MI

9 comparable properties found

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Square Feet
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Unavailable
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Sold 06/29/26

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Square Feet
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$99,975 | 7440-7438 Southfield Road, Detroit, MI 48228
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Sold 06/29/26

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Sold 05/28/25

Unavailable
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Location

Listing Courtesy of Keller Williams Realty Central

Sold By Keller Williams Realty Central

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Payment Calculator

$3,410 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$233

HOA Dues

$0

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Property Information for 14918 Joy Road

Property Details
  • Taxes: $2,799 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: FRISCHKORNS WEST CHICAGO BLVD SUB 1PLATS
  • Architectural Style: Morethan2Stories
  • Waterfront: No
Building Information
  • Residences: 15
  • Year Built: 1967
  • Lot Size: 0.23 AC / 10,018 SF
Summary
Location and General Information
  • Latitude: 42.358482
  • Longitude: -83.191045
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I003097C101
  • Tax Amount Summer: $488.00
  • Tax Amount Winter: $2,403.00
  • Tax Annual Amount: $2,799.00
  • Tax Legal Description: N JOY RD 1220 THRU 1224 FRISCHKORNS WEST CHICAGO BLVD SUB NO 1 L46 P8 PLATS, W C R 22/554 100 X 100
School Information
  • High School District: Detroit
Property
Lot Information
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: 100x100x100x100
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 9479.0
  • Building Area Total: 9479.0
  • Above Grade Finished Area: 9479.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Year Built: 1967
Building Features
  • Foundation Details: Basement
Utilities
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 15.0
  • Has Basement: Yes
  • Bathrooms Full: 15
  • Bathrooms Total Integer: 15
  • Bedrooms Total: 15
  • Has Cooling: No
  • Fireplace: No
  • Heating: Natural Gas, Separate Meters
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number of Units Total: 15
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 14918 Joy Road

DateEvent & SourcePriceAppreciation
Dec 12, 2018

Sold

MiRealSource #31366682

$625,000
Dec 12, 2018

Sold

Realcomp #58031366682

$625,000
Dec 11, 2018

Sold (Public Record)

Public Record #638517455

$625,000

+43.8% / yr

DateEvent & SourcePrice
12/12/2018

Sold

MiRealSource #31366682

$625,000
12/12/2018

Sold

Realcomp #58031366682

$625,000
12/11/2018

Sold (Public Record)

Public Record #638517455

$625,000

+43.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 14918 Joy Road

Taxable ValueLand-Additions-Total-
Tax Record2025$7,315 ($610 / month)
Home Facts
Total Finished SqFt6,480 SqFtAbove Grade Finished SqFt6,480 SqFtUnfinished Basement SqFt3,160 SqFtStories2Lot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1967ZoningB4CountyWAYNEAPN22003097-101

Schools near 14918 Joy Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 12
Public - 6 to 8
Rating
School
Distance
Bates Academy
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

Clippert Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 14918 Joy Road, Detroit, MI 48228
$625,000
15
9,479
10,018
3,920
1,200
2,178
2,322
2,614
1,360
2,178
4,356

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Central

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 10/01/2023 05:04 PM PST