Address
15871 Tracey Street, Detroit, MI
Price
$ 78,500
Property Attributes
  • MLS#61003601
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodPuritan University
  • Zip48227
  • StyleBungalow
  • Year Built1940
  • Taxes$ 5323
  • Price$ 78,500
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage980
  • Lot Size0.09 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Beautiful 4-bedroom, 1-bathroom rental unit with a great long-term tenant bringing in $1000 a month in rental income. The home is located on a nice, well-maintained street. This tenant is going through a rent increase, and we should receive approval in the next 30 days. We need 48 hours to notify the tenant of a walkthrough and can set up that showing following an accepted offer. This home is being well maintained by this tenant. Please do not approach the home!! This is a beautiful addition to any portfolio or a great single-family option for any buyer. This home is currently managed by our Property Management Division and can continue to manage following a sale. Lease and ledgers can be provided following an accepted offer. Shown upon accepted offer only, no exceptions. Once offer is accepted, the property manager will coordinate access for inspection etc. Pre-approval and or proof of funds must be included in this package before any offer can be presented.

Price History
6/18/2026 Listed $80

General Features

Heating Forced Air
Possession At Close
Water Public Water
Status Active
Full Baths 1
Bathrooms 1
Year Built 1940
Subdivision Puritan University
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions SOUTHFIELD TO MCNICHOLS TO TRACEY TURN RT
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional,FHA,VA
Legal Description W TRACEY 74 & E 8 FT VAC ALLEY ADJ PURITAN UNIVERSITY SUB L49 P39 PLATS,W C R 22/148 35 X 112
DOM 84
Postal Code 48227
Price Per Sq Ft Total AG 80.1
Public Remarks Beautiful 4-bedroom,1-bathroom rental unit with a great long-term tenant bringing in $1000 a month in rental income. The home is located on a nice

Interior Features

Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Entry
Bedroom 4 Width 10
Bedroom 2 Width 10
Bedroom 3 Width 10
Bedroom 4 Length 10
Bedroom 2 Length 12
Bedroom 3 Length 10
Beds 4
Fireplace? No
Total Rooms 5
Bedroom 1 Length 16
Bedroom 1 Width 12
Below Grade SqFt 880
Above Grade SqFt 980
Basement Y/N Yes
Back on Market Date 2026-08-31
Total SqFt Finished 980

Exterior Features

Exterior Brick
Frontage 40
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 35X112
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48227

Price
AVG $110K
$80K
Taxes
AVG $2,637
$5,323
Year Built
AVG 1936
1940
Visits
AVG 131
88
Data Provided by Inside Real Estate®

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