For Sale
5543 Balfour Road, Detroit, MI 48224
$246,000
MLS # 20261046638 (Realcomp)
5 beds3 baths2,675 sqftBuilt 19410.13 acres
1 / 54
Listing Description
Beautifully remodeled home located in the very desirable Morningside district ready for you and your family in the very desirable subdivision, this home is also not fair from Mack ave with great shopping and dining , This house features vinyl windows , NEW shingle roof, NEW HOT WATER HEATER , New GRANITE counter tops, Air conditioning will be re installed before closing, new kitchen cabinets, new plumbing fixtures, ,new flooring, .new paint ,new stainless steel appliances installed before closing ,driveway, nice size garage nice front porch A EXTRA LAUNDRY ROOM ON THE SECOND FLOOR, undermount kitchen cabinet lights just wave your hand and they turn on and off SO COOL!,!!!!!!!!!!!!!!!!!!! partly finished basement and 1/2 bath with Glass block windows, new doors,2 Nd floor balcony, light up bathroom mirror and de fog WOW! - brand new alarm system just installed, a real estate agent has an interest in this home, all measurement's and sq footage is approcsoment you should measure. security cameras do not stay with the home, but alarm does
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 5-bedroom, 3-bath, 2,675 sq ft, with original construction dating to 1941.
Listed at $246,000 (about $92/sq ft).
Annual property taxes run approximately $3,126 ($261/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Living Area2,675 sqft
Lot Size0.13 acres
Year Built1941
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed6/18/2026
Original Price$247,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,011
Tax Year2025
State Equalized Value$48,700
Assessed Value$48,700
Parcel #21068743.
Source: Public Records
Legal Description
W BALFOUR 1603 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 145.5A,NEZH CERT.#NH2007-0527,RELATED PARCEL#27070527.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tim Montney
Keller Williams Realty-Great Lakes
Frequently Asked Questions about 5543 Balfour Road, Detroit, MI 48224
Which school district serves 5543 Balfour Road, Detroit, MI 48224?
Per MLS# 20261046638, 5543 Balfour Road, Detroit, MI 48224 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261046638, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5543 Balfour Road, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $10,207. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5543 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.
Is 5543 Balfour Road, Detroit, MI 48224 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 5543 Balfour Road, Detroit, MI 48224?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Loading map...
Tax Estimate
$
Annual tax$3,126
Monthly$261
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$1,856
Principal & interest$1,596
Property taxes$261
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5543 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 5543 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.