5248 Balfour Road Detroit, MI ^$ 175,000

5248 Balfour Road

^$ 175,000

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5248 Balfour Road

Detroit, MI, 48224

^$ 175,000

Bedrooms4 Baths2.0 Sq 2,180

Monthly Estimate*

^$ 1,209

5248 Balfour Road, Detroit, MI 48224 - Image 1

Multi-Family Home for sale in Detroit, MI

for $175,000 with 4 bedrooms and 2 full baths. This 2,180 square foot home was built in 1929 on a lot size of 0.12.

Very well maintained 2 unit money maker. 1 occupied unit DO NOT approach the tenant. Seller will accomapny all showing, give 24 hour minimum notice.

Multi-Family Active

Price

^$ 175,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,645

Style

Lot Size

0.12

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50224319

Features

Interior

Interior Amenities Hardwood Floors

Basement Block Common

Beds 4

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

General

Heating Boiler

Possession Month To Month Tenant

Garage Detached Garage

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1929

Subdivision East Detroit Dev Cos 3 MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description E BALFOUR 1470 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS WCR 21/468 40 X 130

DOM 1

Postal Code 48224

Price Per Sq Ft Total AG 80.28

Public Remarks Very well maintained 2 unit money maker. 1 occupied unit DO NOT approach the tenant. Seller will accomapny all showing give 24 hour minimum notice.

Exterior

Exterior Brick

Exterior Amenities Sidewalks

Lot Size Area 0.12

Lot Dimensions 40x130

Waterfront Y/N No

* Excluded Features

List By

Penny Tarwacki

Listing Agent

Real Estate One Southgate

Broker

penny_tarwacki@yahoo.com

Affordability Calculator

$1,346

Per Month

Monthly Principal & Interest: $1,209
Monthly Property Taxes: $137
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Multi-family listings in Detroit, MI

Average List Price ^$248,272

Percent of Sale Price 42%

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
10/8/2026	$175,000		Listed Price

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5248 Balfour Road, Detroit, MI, 48224 is a Multi-Family Home for sale at $175,000 with 2,180 sqft and a lot size of 0.12. 5248 Balfour Road has 4 bedrooms, 2.0 baths, and was built in 1929. 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 7.375% 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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5248 Balfour Road

Multi-Family Home for sale in Detroit, MI

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