#20250009642, Gene Kelley II, Listing Office: Real Estate One-Southfield
4847 Baldwin St Detroit, MI 48214
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
Summary
- MLS Number: 20250010328
- MLS Name: Realcomp II Ltd
- Office Name: OConnor Realty Detroit, LLC
- Office Phone: (313) 963-9891
- Listing Agent: Griffin Krebsbach
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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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$975,000
4847 Baldwin St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 26, 2019 | Home Sold | $300,000 |
Jan 10, 2018 | Home Sold | $510,000 |
Sep 14, 2016 | Home Sold | $255,000 |
Tax history
Year | Assessment | Property 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.
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.
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.