For Sale
4373 Balfour Road, Detroit, MI 48224
$230,000
MLS # 20251025591 (Realcomp)
Built 19270.13 acres
1 / 47
Listing Description
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
Source: SparkMLS
About this home
2-bath home in Finney in Detroit built in 1927.
Asking $230,000.
Annual property taxes run approximately $2,490 ($208/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.13 acres
Year Built1927
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Wood Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed8/7/2025
Original Price$250,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$553
Tax Year2025
State Equalized Value$38,800
Assessed Value$38,800
Parcel #21068808.
Source: Public Records
Legal Description
W BALFOUR 1806 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 138.69A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jarvis C King
@properties Christie's Int'l R.E. Birmingham
Frequently Asked Questions about 4373 Balfour Road, Detroit, MI 48224
What school district is 4373 Balfour Road, Detroit, MI 48224 in?
Per MLS# 20251025591, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 4373 Balfour Road, Detroit, MI 48224?
Per MLS# 20251025591, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251025591, the most recent reported annual property tax for 4373 Balfour Road, Detroit, MI 48224 is $1,085. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4373 Balfour Road, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4373 Balfour Road, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4373 Balfour Road, Detroit, MI 48224 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 4373 Balfour Road, Detroit, MI 48224?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Loading map...
Tax Estimate
$
Annual tax$2,490
Monthly$208
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,699
Principal & interest$1,492
Property taxes$208
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4373 Balfour Road, Detroit, MI 48224
View full property history →
Neighborhood
Finney
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 4373 Balfour Road
We'll notify you when something hits the market in Finney or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.