Pending
5045 Balfour Road, Detroit, MI 48224
$154,900
MLS # 20261001927 (Realcomp)
4 beds2 baths1,496 sqftBuilt 19280.13 acres
1 / 25
Listing Description
Back on market—buyer financing fell through. Home appraised and inspected. Welcome to 5045 Balfour, a beautifully updated and spacious colonial nestled in Detroit’s desirable Morningside neighborhood. Offering nearly 1,500 sq ft of comfortable living space, this home features 4 generously sized bedrooms, 2 full bathrooms, and a full basement. Thoughtful updates throughout include stylish laminate flooring, fresh interior paint, modern fixtures, a refreshed kitchen with new countertops and cabinetry, renovated bathrooms with new tile and vanity, and brand-new windows throughout the home. Ideal for a first-time buyer or investor seeking a solid rental opportunity. Schedule your private showing today and don’t miss the chance to own this move-in-ready home!
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 1,496 sq ft home built in 1928 sits in Finney in Detroit.
Asking $154,900 (about $104/sq ft).
Estimated annual property tax: $1,926, or about $161 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
Bedrooms4
Bathrooms2
Living Area1,496 sqft
Lot Size0.13 acres
Year Built1928
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed1/9/2026
Original Price$149,900
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,161
Tax Year2025
State Equalized Value$30,000
Assessed Value$30,000
Parcel #21068773.
Source: Public Records
Legal Description
W BALFOUR 1633 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 142.67A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by MD Gulsan Ahmed
Amin Realty
Frequently Asked Questions about 5045 Balfour Road, Detroit, MI 48224
What school district is 5045 Balfour Road, Detroit, MI 48224 in?
Per MLS# 20261001927, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261001927, 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# 20261001927, the most recent reported annual property tax for 5045 Balfour Road, Detroit, MI 48224 is $2,334. 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 5045 Balfour Road, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5045 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, 5045 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 5045 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$1,926
Monthly$161
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$1,165
Principal & interest$1,005
Property taxes$161
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
5045 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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