Sold
4640 Balfour Road, Detroit, MI 48224
Sold on 02/05/2026 for$226,500
MLS # 20251060557 (Realcomp)
7 beds3 baths2,458 sqftBuilt 19280.12 acres
1 / 20
Listing Description
Welcome to 4640 Balfour Rd — **Multiple Offers Received- Highest and Best due on Monday 12/22 at 1pm**a fully renovated brick colonial offering over 2,000 square feet of living space in the desirable Morningside neighborhood. This spacious 6-bedroom, 3-bathroom home is truly a rare find on Detroit’s east side.The first floor features two bedrooms and a beautifully updated full bathroom, ideal for guests or multi-generational living. Upstairs, you'll find four additional bedrooms, a large bonus room perfect for a home office or game room, and a true primary suite complete with its own fireplace and a private full bathroom.Renovated from top to bottom in 2025, this home includes:New roof, windows, electrical, and plumbing systemsLuxury vinyl plank flooring throughoutCustom kitchen with handcrafted cabinetry, granite countertops, and modern finishesFull basement for storage or future finishingDetached 2-car garageWhether you’re an owner-occupant or an investor looking for a turn-key rental in a growing neighborhood, this property checks all the boxes.BATVAI.
Source: SparkMLS
About this home
7-bedroom, 3-bath, 2,458 sq ft home in Finney in Detroit built in 1928.
Closed at $226,500 (about $92/sq ft).
Estimated annual property tax: $3,877, or about $323 monthly. 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms7
Bathrooms3
Living Area2,458 sqft
Lot Size0.12 acres
Year Built1928
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed12/17/2025
Sold Date2/4/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,998
Tax Year2025
State Equalized Value$60,400
Assessed Value$60,400
Parcel #21067673.
Source: Public Records
Legal Description
E BALFOUR 1824 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 130
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Renzo Delzo
New Era Real Estate LLC
Frequently Asked Questions about 4640 Balfour Road, Detroit, MI 48224
What school district is 4640 Balfour Road, Detroit, MI 48224 in?
Per MLS# 20251060557, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20251060557, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. 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# 20251060557, the most recent reported annual property tax for 4640 Balfour Road, Detroit, MI 48224 is $6,155. 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 4640 Balfour Road, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4640 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, 4640 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 4640 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. Sewer: Public. 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.
Map
Tax Estimate
$
Annual tax$3,877
Monthly$323
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
$
%
$
$
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Monthly payment$1,749
Principal & interest$1,426
Property taxes$323
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
4640 Balfour Road, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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