For sale

$230,000

4373 Balfour Rd, Detroit, MI 48224

5beds

2,500sqft

Est.:

Multi Family

Built in 1927

-- sqft lot

$-- Zestimate^®

$92/sqft

$-- HOA

What's special

Additional flex spaceOpen floor planNewer roofIn unit laundry

4373 Balfour is ready for a new owner. Home listed for lease as well. MLS# 20251031808. Whatever your investment strategy, this turnkey multi family home is ready for you to embark on your Real Estate ownership journey. The home was taken down to the studs & perfectly curated to appease urban living in any capacity. Both units feature an open floor plan & in unit laundry. Ground unit gets access to additional flex space in the bright an airy basement, while the upper unit has the attic built out for an additional bedroom or added living space. 3 bedrooms in the upper unit & 2 bedrooms in the lower. Newer roof, brand new furnace, hot water tank & windows. 30k+ projected annual income with both doors performing or house hack & have one door cover your personal mortgage. ***SELLER WILLING TO ENTERTAIN SELLER FINANCING*** BATVAI

221 days

976

66

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Interior Entry,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,500 sqft
Finished area above ground: 2,500

Property

Parking

Parking features: On Street, Other, Paved, Unassigned

Features

Levels: Two
Stories: 2
Patio & porch: Patio, Porch
Pool features: None

Lot

Size: 5,662.8 Square Feet
Dimensions: 40 x 138.69

Details

Parcel number: 21068808
Zoning description: MultiFamily, Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick, Wood Siding
Foundation: Basement, Block

Condition

New construction: No
Year built: 1927

Utilities & green energy

Sewer: Public Sewer, Sewer At Street
Water: Public

Community & HOA

Community

Subdivision: EAST DETROIT DEV COS 3

Location

Region: Detroit

Financial & listing details

Price per square foot: $92/sqft
Tax assessed value: $5,534
Annual tax amount: $1,085
Date on market: 8/8/2025
Cumulative days on market: 221 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA

Estimated market value

Not available

Estimated sales range

Not available

$1,045/mo

Price history

Date	Event	Price
11/9/2025	Price change	$230,000-8%$92/sqft
Source: Realcomp II #20251025591 Report a problem
8/8/2025	Listed for sale	$250,000+233.3%$100/sqft
Source: Realcomp II #20251025591 Report a problem
4/25/2025	Sold	$75,000-6.3%$30/sqft
Source: Realcomp II #20240091803 Report a problem
4/25/2025	Pending sale	$80,000$32/sqft
Source: Realcomp II #20240091803 Report a problem
12/13/2024	Listed for sale	$80,000$32/sqft
Source: Realcomp II #20240091803 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$38,800 +26.8%
2024	--	$30,600 +27.5%
2023	--	$24,000 +23.1%
2022	--	$19,500 +10.8%
2021	--	$17,600
2020	$764 +3.6%	$17,600 +19.7%
2019	$737	$14,700 +20.5%
2018	$737	$12,200 +171.1%
2017	--	$4,500 -58.3%
2016	$1,769	$10,800
2015	$1,769 +21.3%	$10,800 -26%
2013	$1,459 -17.5%	$14,589 -31.8%
2010	$1,769	$21,389 -18%
2009	--	$26,084 -13%
2008	--	$29,982
2007	--	$29,982 +5.5%
2005	$223	$28,419 +3%
2004	--	$27,591 +65.8%
2001	$1,083 +12.2%	$16,638 +3.2%
2000	$965	$16,122