Sold
7051 JOY Road, Detroit, MI 48204
Sold on 12/27/2025 for$210,000
MLS # 20250031634 (Realcomp)
Built 19230.11 acres
1 / 4
Listing Description
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.
Source: SparkMLS
About this home
This 4-bath home built in 1923 sits in Tireman in Detroit.
Closed at $210,000.
Annual property taxes run approximately $2,176 ($181/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.11 acres
Year Built1923
Location
CityDetroit
Zip Code48204
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/1/2025
Sold Date12/26/2025
Terms AcceptedCash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$794
Tax Year2025
State Equalized Value$33,900
Assessed Value$33,900
Parcel #16004620.
Source: Public Records
Legal Description
S JOY ROAD 23 E15 FT 22 BAKER & CLARKS SUB L10 P25 PLATS, W C R 16/207 45X103.26
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Clifford Rockefeller
Cosmopolitan Real Estate Svs
Frequently Asked Questions about 7051 JOY Road, Detroit, MI 48204
What school district is 7051 JOY Road, Detroit, MI 48204 in?
Per MLS# 20250031634, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20250031634, the seller has indicated this property accepts the following financing types: Cash, Conventional, Land Contract. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20250031634, the most recent reported annual property tax for 7051 JOY Road, Detroit, MI 48204 is $919. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 7051 JOY Road, Detroit, MI 48204 eligible for USDA financing?
Per USDA Rural Development boundary data, 7051 JOY Road, Detroit, MI 48204 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7051 JOY Road, Detroit, MI 48204 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 7051 JOY Road, Detroit, MI 48204?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7051 JOY Road, Detroit, MI 48204. The maximum advertised download speed is 1.2 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$2,176
Monthly$181
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$1,543
Principal & interest$1,362
Property taxes$181
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7051 JOY Road, Detroit, MI 48204
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Neighborhood
Tireman
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Community
Detroit
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County
Wayne County
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