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14801 Joy Road, Detroit, MI 48228

Local realty services provided by:CENTURY 21 Dynamic Realty
14801 Joy Road,Detroit, MI 48228
$850,000
  • - Beds
  • 14 Baths
  • 8,326 sq. ft.
  • Multi-family
  • Active
Listed by: david rabior
Office: clyde realty llc.
MLS#:20261005534
Source:MI_REALCOMP

Price summary

  • Price:$850,000
  • Price per sq. ft.:$102.09

About this home

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.

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Home facts

  • Year built:1959
  • Listing ID #:20261005534
  • Added:1 day(s) ago
  • Updated:January 28, 2026 at 01:54 AM

Rooms and interior

  • Total bathrooms:14
  • Full bathrooms:14
  • Living area:8,326 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1959
  • Building area:8,326 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Community
  • Sewer:Sewer at Street

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$102.09
  • Tax amount:$8,260
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