Sold | Detroit, Michigan (2022)

Groveland Subdivision Duplex – Investment Sale

This two-unit duplex in Detroit was successfully sold in 2022 for $105,000, almost exactly where we advised the seller the property would land based on market conditions, tenant status, and investor demand. This was a tenant-occupied investment property, and the transaction was structured to protect cash flow, minimize disruption, and attract the right buyer — not just any buyer.

Property Overview

📍 15771 Tracey Street, Detroit, MI 48227
💰 Sold for $105,000
🏘 Duplex | 2 Units (2 Bed / 1 Bath each)
📐 1,600 sq ft above grade
💵 Gross annual rent: approx. $15,000
📅 Sold in 2022
📍 Groveland Subdivision

Why This Sale Was Successful

This transaction required investment-specific strategy, not standard residential tactics.

Before listing, we worked closely with the seller to:

Prepare rent rolls, proof of payment, and lease details
Position the property as a stable, performing asset
Avoid unnecessary tenant disruption that could jeopardize the sale

During negotiations:

We guided the buyer to use our preferred title company to reduce friction and delays
Negotiated minimal seller concessions
Structured access and communication so tenants remained cooperative and unaffected
Ensured the deal stayed on track without alarming occupants or compromising income

The result was a smooth closing, a confident buyer, and a seller who achieved the expected outcome without unnecessary risk.

Investment Highlights

Two fully leased 2-bedroom units
Separate storage areas for each tenant
Hardwood floors and classic duplex layout
Month-to-month tenants who preferred to stay
Rent verification provided to buyer
No tenant interference during the sale

Seller Strategy Insight

Selling an investment property — especially one with tenants in place — requires precision, preparation, and discretion. From pricing and documentation to negotiations and tenant management, this sale demonstrates how strategic planning directly impacts certainty, timeline, and net outcome.

👉 Sell Your Home with Strategy

Thinking About Selling an Investment Property?

Whether you’re selling a tenant-occupied duplex, repositioning an asset, or evaluating timing in the market, strategy matters — especially when cash flow and cooperation are at stake.

👉 Schedule a listing consultation

👉 Contact Designed Living Real Estate

Designing real estate solutions so you can live the life you desire.