4373 Balfour Rd, Detroit, MI, 48224
About This Home
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
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Foundation: Basement,Block
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 2,500
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 2,500 sqft
Property
Details
- Parcel number: 21068808
- Zoning description: MultiFamily, Residential
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Patio,Porch
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 40 x 138.69
Parking
- Parking features: On Street,Other,Paved,Unassigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,163 | $13,956 |
| Home Insurance * | $668 | $8,016 |
| Property Taxes | $281 | $3,372 |
| Electricity | $272 | $3,272 |
| Total | $2,384 | $28,608 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-09 | Price change | $230,000 |
| 2025-08-08 | Listed for sale | $250,000 |
| 2025-04-25 | Sold | $75,000 |
| 2025-04-25 | Pending sale | $80,000 |
| 2024-12-13 | Listed for sale | $80,000 |
For Sale by Agent
View on Zillow