For sale

Price cut: $1.5K (9/10)

$78,500

15871 Tracey St, Detroit, MI 48227

4beds

980sqft

$735/mo

Get pre-qualified

Single Family Residence

Built in 1940

3,920 Square Feet Lot

$-- Zestimate^®

$80/sqft

$-- HOA

What's special

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.

101 days
272
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Second
Area: 192
Dimensions: 16 X 12

Bedroom

Level: Entry
Area: 120
Dimensions: 12 X 10

Bedroom

Level: Entry
Area: 100
Dimensions: 10 X 10

Bedroom

Level: Second
Area: 100
Dimensions: 10 X 10

Primary bathroom

Level: Entry

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 980 sqft
Finished area above ground: 980

Property

Parking

Parking features: No Garage

Features

Levels: One And One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 35 x 112

Details

Parcel number: W22I031850S
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: PURITAN UNIVERSITY

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $80/sqft
Tax assessed value: $29,280
Annual tax amount: $5,323
Date on market: 6/18/2026
Cumulative days on market: 101 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Va Loan

Estimated market value

Not available

Estimated sales range

Not available

$1,440/mo

Price history

Date	Event	Price
9/10/2026	Price change	$78,500-1.9%$80/sqft
Source: Realcomp II #20261044881 Report a problem
8/31/2026	Listed for sale	$80,000$82/sqft
Source: Realcomp II #20261044881 Report a problem
8/24/2026	Pending sale	$80,000$82/sqft
Source: Realcomp II #20261044881 Report a problem
6/18/2026	Listed for sale	$80,000-5.4%$82/sqft
Source: Realcomp II #20261044881 Report a problem
7/22/2021	Sold	$84,550+128.5%$86/sqft
Source: Public Record Report a problem
3/16/2021	Sold	$37,000-39%$38/sqft
Source: Public Record Report a problem
5/9/2008	Sold	$60,625$62/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$28,400 +21.9%
2024	--	$23,300 +20.1%
2023	--	$19,400 +29.3%
2022	--	$15,000 +2%
2021	--	$14,700
2020	$1,776 +53.5%	$14,700 +28.9%
2019	$1,157	$11,400 +7.5%
2018	$1,157	$10,600 +1%
2017	--	$10,500 -21.1%
2016	$1,215	$13,300
2015	$1,215 -7.9%	$13,300 -29.1%
2013	$1,319 +8.6%	$18,746 -30.2%
2010	$1,215	$26,859 -12%
2009	--	$30,522 -14.5%
2008	--	$35,698
2007	--	$35,698 +5.5%
2005	$132	$33,837 +3%
2004	--	$32,851