#25003907, Kristian Freiwald, Listing Office: Kristian Freiwald
7051 Joy Rd Detroit, MI 48204
Property details
About 7051 Joy Rd
This is a great opportunity to own a fully rented multi unit rental property in the city of Detroit. The tenants are all month to month leases, and all of them have been long-term, which is why the rents are so low. The building is in good condition with no known needed repairs. all four units have two bedrooms and one bathroom each. there is the laundry room in the basement. All furnaces and hot water tanks are fairly new. The lot next-door also goes with the building. This building is close to all major freeways and only minutes from downtown. There is a $495 admin fee charged to all buyers at closing payable to Rockefeller’s Realty. No showings will be allowed until an offer is accepted. Please do not approach the tenants.
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Attached Garage: No
- Parking: Parking Lot
- Architectural Style: Quadruplex
- Heating: Forced Air, Natural Gas
- List Price: $210,000
- Price/SqFt: $55
- Annual Tax Amount: $848
- Tax Year: 2024
- Directions: On Joy Rd. W. Of Livernois
- Year Built: 1923
- Living Area: 3,762 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 20250031634
- MLS Name: Realcomp II Ltd
- Office Name: Rockefeller Realty
- Office Phone: (313) 433-0544
- Listing Agent: Clifford Rockefeller
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 5/10/2025, 9:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$210,000
7051 Joy Rd
$2,494
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $33,900 | $848 |
2023 | $27,500 | $848 |
2022 | $21,900 | $456 |
2021 | $17,900 | $456 |
2020 | $16,600 | $909 |
2018 | $19,600 | $909 |
2017 | $11,000 | $906 |
History based on county public records data.
Nearby schools
2
Barton Elementary School
Public District KG-5
0.7 mi
•8530 Joy Rd
5
McDonald Elementary School
Public District PK-5
1.2 mi
•10151 Diversey St
2
Riverside Academy
Public Charter KG-5
1.7 mi
•7124 Miller Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,130. The majority of Detroit, MI residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 7051 Joy Rd in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 3,762 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $210,000.
Over 93 listings were sold over their listed price in April 2025 in Detroit, MI. In the same period over 216 listings were sold below the listed price and 85 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 13.4% between March and April 2025. Listings spent 47 days on the market in April 2025, and had a median list price of $90,000 during the same period.