5040 Balfour Road
Detroit, MI, 48224 $ 249,000
Bedrooms6 Baths3.0 Sq 2,160 Monthly Estimate*
$ 1,533
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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FeaturesGeneralSewer 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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InteriorBasement 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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ExteriorParking 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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* Excluded FeaturesList ByJohn EchterlingListing Agent
@Properties Christie's Int'l R.E. DetroitBroker
Affordability Calculator
- 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.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $130,809
Percent of Sale Price 47%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/23/2026 | $249,000 | | Listed Price |