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Harlen Lantz
Realtor®
(248) 974-2473
7418 Gateway Park Dr.
Clarkston, MI 48346
(248) 657-7000 Office
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$4,000,000
30 Days On Site

15860 Joy Road
Detroit City, MI 48228

For Sale|Multi Family|Active
96
Beds
60
Total Baths
60
Full Baths
84,557
SqFt
$47
/SqFt
1951
Built
Subdivision:
FRISCHKORNS JOY ROAD
County:
Wayne
Call Now: (248) 974-2473
Is this the listing for you? We can help make it yours.
(248) 974-2473
15860 Joy Road15860 Joy Road15860 Joy Road15860 Joy Road
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WELCOME TO GREENFIELD VILLAS! LOCATED 6 MINUTES FROM THE HISTORIC CITY OF DEARBORN YOU WILL FIND THIS 60 UNIT ALL SECTION 8 COMPOUND NESTLED ON A 2 ACRE LOT IN THE QUIET OAKMAN BOULEVARD NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 36 TWO BEDROOM 24 ONE BEDROOM APARTMENTS. SHE HAS BEEN CAREFULLY UPGRADED STARTING FROM THE 400 SQUARE BRAND NEW 40 YEAR ROOF WITH HIGH DEFINITION SHINGLES TO EVERY INCH OF ELECTRICAL IN EACH UNIT. SPEAKING OF BRAND NEW, THIS DIAMOND SHINES BRIGHT THROUGH EACH AND EVERY NEW WINDOW, NEW GUTTER AND NEW PIECE OF TRIM. IN ADDITION, THIS BEAUTY HAS A NEWER HEATING SYSTEM AND NEWER PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. EVERY UNIT IS TO BE RENTED TO SECTION 8 TENANTS. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER’S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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Listing Snapshot
Price 
$4,000,000
Days On Site 
30 Days
Bedrooms 
96
Inside Area (SqFt) 
84,557 sqft
Total Baths 
60
Full Baths 
60
Partial Baths 
N/A
Lot Size 
1.72 Acres
Year Built 
1951
MLS Number 
20261083592
Status 
Active
Property Tax 
$30,886
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
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What's This?
Private
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoListing first seen on site
General Features
Acres 
1.72
Cross Street 
Greenfield Rd & Southfield Fwy
Disclosures 
Actual Income, Annual Property Operating Data Available, Taxes Not Homestead Exempt
Foundation 
Brick/Mortar
Levels 
Two
Pets 
No
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
48336
SqFt Below 
36221
Style 
UpperLowerApartment
Water Source 
Public
Zoning 
MultiFamily
Interior Features
Basement 
Finished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
MLS Area 
Area05034DetJoySchoolcraftGrnfldLimits
School District 
Detroit
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Realtyflo Inc: kopaniamarta@gmail.com



IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Harlen Lantz

7418 Gateway Park Dr.
Clarkston, MI 48346
(248) 974-2473 Cell
(248) 657-7000 Office
(248) 657-7770 Fax
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