$1,068 Closing Credit¹
#50161997, Melanie Lovati, Listing Office: Innovation Real Estate Specialists Inc.
$950
closing credit¹
4373 Balfour Rd Detroit, MI 48224
$80,000 List price
$950
Closing credit¹
2 full
2,002 sqft
0.1 acres
$40 / sqft
Multi-Family
Property details
About 4373 Balfour Rd
Great investment opportunity in Morningside with tons of potential. It is conveniently located near 94, Grosse Pointe, East English Village, and the up and coming E. Warren commercial corridor. This Tudor style property has two spacious units with 2 bedrooms, 1 bathroom, a kitchen, living room, and a dining room in each unit. It could be renovated as is to an income producing duplex or to be converted into a large single family home. The property has a great layout and many original features like hardwood floors, leaded glass windows throughout, built in fireplaces, original wood trim and doors, and an open, spacious yard. The roof was replaced in 2022. There is some visible water damage to the plaster walls in the front room from a previous roof leak, but that is not ongoing. Each unit has separate electric and gas meters. It is currently configured with ductwork and gas lines for separate furnaces for both units, but mechanicals are not included. Title is clear, and property will be transferred via warranty deed.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,002 sqft
BasementYes
Lot size0.13 Acres
Year built1927
ParkingOneCarGarage
MLS #20240091803
Garage1 space
Summary
- MLS Number: 20240091803
- MLS Name: Realcomp II Ltd
- Office Name: Michigan United Realty
- Office Phone: (248) 798-8144
- Listing Agent: John Faarup
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$80,000
4373 Balfour Rd
$950
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $38,800 | $764 |
| 2023 | $30,600 | $764 |
| 2022 | $24,000 | $764 |
| 2021 | $19,500 | $764 |
| 2020 | $17,600 | $737 |
| 2018 | $12,200 | $737 |
| 2017 | $4,500 | $734 |
History based on county public records data.
Nearby schools
6
George Defer Elementary School
Public District KG-5
0.9 mi
•15425 Kercheval Ave
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
1.2 mi
•9740 McKinney St
1
Wayne Elementary School
Public District PK-5
1.5 mi
•10633 Courville St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,714. Most Detroit, MI residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
36%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
36%
Single, with Kids
14%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
14%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Foot Locker
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
White Castle
Jack In The Box
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 4373 Balfour Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,002 square foot home, which was built in 1927, sits on a 0.13 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $80,000.
In January 2025 more than 76 listings in Detroit, MI were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 192 were sold below. In January 2025 in Detroit, MI there were 8.7% more homes for sale than in December. While the average time on the market in January 2025 was 58 days, the median list price was $87,445.
From Rocket Homes Real Estate and based on county public records data.