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.
Sold for $210,000
$210,000
7051 Joy Rd, Detroit, MI 48204
8beds
3,762sqft
Multi Family
Built in 1923
-- sqft lot
$210,400 Zestimate®
$56/sqft
$1,049 Estimated rent
Home value
$210,400
$191,000 - $231,000
$1,049/mo
Zestimate® history
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$1,049/mo
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$1,208/mo
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Zillow last checked: 8 hours ago
Listing updated: December 27, 2025 at 07:42am
Listed by:
Clifford Rockefeller 248-796-2732,
Rockefeller Realty
Bought with:
Brock House, 6501456106
KW Metro
Source: Realcomp II,MLS#: 20250031634
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,762 sqft
- Finished area above ground: 3,762
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Pool features: None
Lot
- Size: 4,791 sqft
- Dimensions: 45.00 x 103.00
Details
- Parcel number: W16I004620S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Quadruplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: BAKER & CLARKS SUB (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2025 | Sold | $210,000$56/sqft |
Source:  Realcomp II #20250031634 Report a problem | ||
| 11/8/2025 | Pending sale | $210,000$56/sqft |
Source: Realcomp II #20250031634 Report a problem | ||
| 5/2/2025 | Price change | $210,000-4.5%$56/sqft |
Source: Realcomp II #20250031634 Report a problem | ||
| 9/7/2024 | Listed for sale | $220,000+658.6%$58/sqft |
Source: Realcomp II #20240067038 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $33,900 +23.3% |
| 2024 | -- | $27,500 +25.6% |
| 2023 | -- | $21,900 +22.3% |
Find assessor info on the county website
Neighborhood: Midwest
Nearby schools
GreatSchools rating
- 2/10Sampsonwebber Leadership AcademyGrades: PK-8Distance: 1.2 mi
- 5/10Northwestern High SchoolGrades: 9-12Distance: 2 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$210,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$210,400
- Michigan
- Wayne County
- Detroit
- 48204
- Midwest
- 7051 Joy Rd