Sold Duplex in Detroit, MI | First Investment Purchase Secured Below Asking
19410 Cliff Street, Detroit, MI 48234
Duplex | ~1,443 Sq Ft | 2-Story | First-Time Investment Property
This buyer worked with me for several years searching for the right duplex — one he could comfortably call home while also serving as his first investment property.
When this property became available, the listing agent disclosed that a cash offer was already on the table. However, the seller preferred to work with my buyer, myself, and the lender I had originally recommended due to the strength of the overall execution.
We did not need to dramatically change terms to compete with the cash offer.
The inspection went extremely well, and despite the duplex being well maintained and recently updated, we still negotiated seller repairs to further protect my buyer.
When the property did not appraise at the contract price, I negotiated strategically on my buyer’s behalf, resulting in a $18,900 price reduction — allowing him to purchase the duplex well below asking price while maintaining favorable terms.
The buyer successfully closed on a property that met both his personal and long-term investment goals.
🎥 Video Tour: 19410 Cliff Street, Detroit (Sold)
This transaction reflects buyer-focused negotiation and valuation strategy when purchasing income property in a competitive environment.
Learn more about my buyer representation strategy