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4373 Balfour Road Detroit, MI $ 230,000
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$ 230,000 Get more info
4373 Balfour Road
$ 230,000
Back to search
Share Save

4373 Balfour Road

Detroit, MI, 48224
$ 230,000
Baths2.0 Sq 2,500

Monthly Estimate*

$ 1,435

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Studio

Multi-Family Home for sale in Detroit, MI

for $230,000 with 2 full baths. This 2,500 square foot home was built in 1927 on a lot size of 0.13.

4373 Balfour is ready for a new owner. Home listed for lease as well. MLS# 20251031808. Whatever your investment strategy, this turnkey multi family home is ready for you to embark on your Real Estate ownership journey. The home was taken down to the studs & perfectly curated to appease urban living in any capacity. Both units feature an open floor plan & in unit laundry. Ground unit gets access to additional flex space in the bright an airy basement, while the upper unit has the attic built out for an additional bedroom or added living space. 3 bedrooms in the upper unit & 2 bedrooms in the lower. Newer roof, brand new furnace, hot water tank & windows. 30k+ projected annual income with both doors performing or house hack & have one door cover your personal mortgage. ***SELLER WILLING TO ENTERTAIN SELLER FINANCING*** BATVAI

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Multi-Family Active

Price

$ 230,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,085

Style

Colonial

Lot Size

0.13

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251025591
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Patio Porch
Architectural Style Colonial
Pool Features None
Construction Materials Brick WoodSiding
Pets Allowed Call
Year Built 1927
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEV COS 3
Garage Y/N N
Full Baths 2
Status Active
Directions Global Positioning System
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 1085.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 5534
Expected Active Date 2025-08-08
Legal Description W BALFOUR 1806 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS WCR 21/468 40 X 138.69A
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Interior
Basement InteriorEntry Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2500.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features OnStreet Other Paved Unassigned
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X138.69
Lot Size Acres 0.13
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4373
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* Excluded Features
List By
Jarvis C King

Listing Agent

@Properties Christie's Int'l R.E. Birmingham

Broker

(248) 277-1409

Phone

Affordability Calculator

$1,525
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,435
Monthly Property Taxes
$90
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/9/2025$230,000 -8.00% Price Down
8/9/2025$250,000 Listed Price

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4373 Balfour Road, Detroit, MI, 48224 is a Multi-Family Home for sale at $230,000 with 2,500 sqft and a lot size of 0.13. 4373 Balfour Road is a studio with 2.0 baths and was built in 1927. The property's zip code is 48224 which is in Detroit, MI

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