5040 Balfour Road Detroit, MI ^$ 60,000

5040 Balfour Road

^$ 60,000

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5040 Balfour Road

Detroit, MI, 48224

^$ 60,000

Bedrooms2 Baths2.0 Sq 2,169

Monthly Estimate*

^$ 374

5040 Balfour Road, Detroit, MI 48224 - Image 1

5040 Balfour Road, Detroit, MI 48224 - Image 2

5040 Balfour Road, Detroit, MI 48224 - Image 3

5040 Balfour Road, Detroit, MI 48224 - Image 4

5040 Balfour Road, Detroit, MI 48224 - Image 5

5040 Balfour Road, Detroit, MI 48224 - Image 6

5040 Balfour Road, Detroit, MI 48224 - Image 7

5040 Balfour Road, Detroit, MI 48224 - Image 8

Single Family Home for sale in Detroit, MI

for $60,000 with 2 bedrooms and 2 full baths. This 2,169 square foot home was built in 1939 on a lot size of 0.12.

Rehab ready Multi Family, gutted to the studs. Blank canvas waiting for your creative design. Brick home, 2 car garage, Natural fireplace on both floors. SUBMIT ALL OFFERS VIA PDF INCLUDING: 1) PA 2) Signed agency disclosure, 3) Signed LBP/SD, 4) Proof of funds. CASH ONLY!!! NO LAND CONTRACT!! Buyers agent to be present for all showings. BATVAI. Information deemed reliable but not guaranteed.

Single Family Pending

Price

^$ 60,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 5,993

Style

Lot Size

0.12

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60950227

Features

General

Heating Forced Air

Possession At Close

Garage Detached Garage

Water Public Water

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1939

Subdivision East Detroit Dev Cos 3 MI

Style Other

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Alter Rd to E Warren North on Balfour

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description E BALFOUR 1454 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS WCR 21/468 40 X 130

DOM 9

Postal Code 48224

Price Per Sq Ft Total AG 27.66

Public Remarks Rehab ready Multi Family gutted to the studs. Blank canvas waiting for your creative design. Brick home 2 car garage

Interior

Basement Unfinished

Bedroom 1 Level Entry

Bedroom 2 Level Entry

Beds 2

Fireplace? No

Total Rooms 4

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.12

Pool (Y/N) No

Lot Dimensions 40X130

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Delores Goodson

Listing Agent

Realtyflo Inc

Broker

goodsonrealtor@yahoo.com

Affordability Calculator

$874

Per Month

Monthly Principal & Interest: $374
Monthly Property Taxes: $499
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$133,523

Percent of Sale Price 123%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2025	$60,000		Listed Price

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5040 Balfour Road, Detroit, MI, 48224 is a Single Family Home for sale at $60,000 with 2,169 sqft and a lot size of 0.12. 5040 Balfour Road has 2 bedrooms, 2.0 baths, and was built in 1939. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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5040 Balfour Road

Single Family Home for sale in Detroit, MI

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