$975,000

4847 Baldwin St Detroit, MI 48214

$10,000
Closing credit¹
28 full
16,573 sqft
0.2 acres
$59 / sqft
Multi-Family

Property details

About 4847 Baldwin St

Located on Baldwin Street just north of The Villages neighborhood, The Balren apartment building is within close proximity to Downtown Detroit and all major highways. Built in 1925, the three story brick building has been under renovations and presents a value-add investment opportunity with potential for over $300,000 in gross income. List of improvements permitted and approved by BSEED include in-wall and underground plumbing, mechanical, electrical, new split units installed and new framing completed for 13 of 26 units. There’s a new laundry room with new concrete slab in basement. The building consists of 26 apartments including: - 6 studios - 18 one bedrooms - 2 two bedroom apartments. Expected monthly rents range from $850 to $1,250 per month. There’s an additional parking lot included directly next to the building.

Highlights

Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
Size16,573 sqft
BasementYes
Lot size0.17 Acres
Year built1925
MLS #20250010328

Summary

  • MLS Number: 20250010328
  • MLS Name: Realcomp II Ltd
  • Office Name: OConnor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Griffin Krebsbach

IDXDisclaimer: 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: 3/10/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$975,000

4847 Baldwin St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 26, 2019
Home Sold
$300,000
Jan 10, 2018
Home Sold
$510,000
Sep 14, 2016
Home Sold
$255,000

Tax history

YearAssessmentProperty Tax
2024$390,300$2,316
2023$331,600$2,316
2022$292,200$3,355
2021$195,200$3,355
2020$158,200$2,175
2018$24,000$2,175
2017$22,400$9,041

History based on county public records data.

Nearby schools

2

Oakland International Academy Elementary School

Public Charter 2-4

1.7 mi

4001 Miller St

3

University Preparatory Science and Math Elementary School

Public Charter KG-5

2.0 mi

2251 Antietam Ave

3

Bridge Academy East

Public Charter PK-5

2.3 mi

9600 Buffalo St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $11,006. The majority of Detroit, MI residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

86%
<35k
13%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

62%
Single, No Kids
26%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 4847 Baldwin St in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 16,573 square foot home, which was built in 1925, sits on a 0.17 acre lot. Features: 28 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $975,000.

Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. The inventory of homes for sale in Detroit, MI between January and February 2025 increased by 7%. While the average time on the market in February 2025 was 59 days, the median list price was $88,760.

From Rocket Homes Real Estate and based on county public records data.

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