5040 Balfour Road Detroit, MI $ 249,000
5040 Balfour Road
$ 249,000
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5040 Balfour Road

Detroit, MI, 48224
$ 249,000
Bedrooms6 Baths3.0 Sq 2,160

Monthly Estimate*

$ 1,533

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Single Family Home for sale in Detroit, MI

for $249,000 with 6 bedrooms and 3 full baths. This 2,160 square foot home was built in 1939 on a lot size of 0.12.

Elegantly reimagined in the heart of Morningside, 5040 Balfour delivers a rare combination of historic Detroit craftsmanship and fully rebuilt modern luxury. This 6-bedroom, 3-bathroom brick Tudor-inspired residence has been taken to the studs and rebuilt with the finishes today's discerning buyer expects: ALL-NEW electrical, plumbing, HVAC, windows, drywall, and insulation — paired with refinished original hardwood floors that anchor the home in its timeless character. The main level opens to a sun-lit living room with decorative fireplace, flows through a dramatic dining area beneath a sculptural modern chandelier, and delivers you into a showpiece chef's kitchen featuring two-tone shaker cabinetry, premium quartz countertops, subway-tile backsplash, and matte black designer hardware. The primary suite is a true retreat — shiplap accents, a working gas fireplace, and a spa-style marble bath with glass walk-in shower, soaking tub, and floating wood-grain vanity. Two additional fully-marbled bathrooms serve five more bedrooms appointed with dark hardwoods, plush carpet, and abundant natural light. Expansive full basement with freshly poured epoxy floors, elevated rear entertaining deck, fully fenced yard with new wood privacy fencing, and detached 2-car garage. Walking distance to Balduck Park and minutes to Grosse Pointe's dining, lakefront, and top-rated schools. Turn-key, move-in ready, and priced to reward the buyer who recognizes value where quality meets location.

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Single Family Active

Price

$ 249,000

Bedrooms

6

Full Bath

3

Property Type

Single Family

Taxes

$ 5,591

Style

Colonial

Lot Size

0.12

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261026622

Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 2.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1939
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEV COS 3
Garage Y/N Y
Total Rooms 9
Full Baths 3
Status Active
Directions South Of Outer Drive And East Of I-94
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5591.0
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 71000
Expected Active Date 2026-04-23
Legal Description E BALFOUR 1454 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS WCR 21/468 40 X 130
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2160.0
Half Baths 0
Total Bedrooms 6
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Parking Features TwoCarGarage Detached
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X130
Lot Size Acres 0.12
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 5040
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* Excluded Features
List By
John Echterling

Listing Agent

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

Broker

(313) 739-8491

Phone

Affordability Calculator

$1,999
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,533
Monthly Property Taxes
$466
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
4/23/2026$249,000 Listed Price

Map


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5040 Balfour Road, Detroit, MI, 48224 is a Single Family Home for sale at $249,000 with 2,160 sqft and a lot size of 0.12. 5040 Balfour Road has 6 bedrooms, 3.0 baths, and was built in 1939. The property's zip code is 48224 which is in Detroit, MI