10639 Balfour Road
Detroit, MI, 48224 $ 110,000
Bedrooms3 Baths1.0 Sq 1,291 Monthly Estimate*
$ 760
for $110,000 with 3 bedrooms and 1 full bath. This 1,291 square foot home was built in 1940 on a lot size of 0.12.
Detroit Rental Portfolio -- Nine Properties Offered Individually, in Groups, or Together Take your pick: purchase one property, create a custom group, or acquire all nine properties for $872,000. The seller reports over $13,000 in monthly cash flow and over $155,000 in annual gross profit. Tenants pay all utilities and water, offering investors a portfolio with those costs paid by tenants. Request property-specific rent, lease, and expense information. Buyers to verify all income, expenses, occupancy, property details, and utility arrangements. These properties are all section 8 properties. The tenants pay under $1,000 each month meaning that over $12,000 is guaranteed cash flow. 10835 Somerset, Detroit, MI 48224 -- $120,000 | $1500 rent | owner pays water 19317 Marx, Detroit, MI 48203 -- $99,000 | $1400 rent 19734 Kingsville, Detroit, MI 48225 -- $85,000 | $1400 rent 10338 Balfour, Detroit, MI 48224 -- $99,000 | $1500 rent 20607 Moross, Detroit, MI 48224 -- $55,000 | $1100 Rent 20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 -- $85,000 | $1400 rent 15099 Coyle, Detroit, MI 48227 -- $99,000 | $1400 rent 10639 Balfour, Detroit, MI 48224 -- $110,000 | $1615 18700 Kingsville, Detroit, MI 48225 -- $120,000 | $1700
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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Possession Subject To Tenant Rights
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1940
Subdivision Seven Mile Cadieux Sub 5 MI
Style Bungalow
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 right by whitter and 94 freeway
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional Exchange/Trade FHA VA
Legal Description W BALFOUR 674 SEVEN MILE CADIEUX SUB NO 5 L59 P11 PLATS W C R 21/920 40 X 130.95
DOM 1
Postal Code 48224
Price Per Sq Ft Total AG 85.21
Public Remarks Detroit Rental Portfolio -- Nine Properties Offered Individually in Groups or Together Take your pick: purchase one property create a custom group or acquire all nine properties for $872
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InteriorBasement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Second
Beds 3
Fireplace? No
Total Rooms 5
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ExteriorExterior Brick
Frontage 50
Lot Size Area 0.12
Pool (Y/N) No
Lot Dimensions 40X130.95
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList Bydrericleebrown@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $760
- Monthly Property Taxes
- $239
- Monthly 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.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $136,473
Percent of Sale Price 24%
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.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/25/2026 | $110,000 | | Listed Price |