5104-06 Balfour Road, Detroit, Michigan 48224

$69,900

Great Deal - This property is priced $158,966 below comparable homes in the area.

Property Details

MLS#: 20261001894
Bedrooms: 4
Bathrooms: 2
Square Feet: 2,222
Price per Sqft: $31
Lot Size: 0.12 acres
Year Built: 1928
Property Type: Residential
Status: Active
Days on Market: 45

Market Analysis

Estimated Value (CMA): $228,866
Area Avg Price/Sqft: $103
This Property: $31/sqft ($72 below area average)
Price Position: -70.0% vs comparable homes
Comparable Properties Analyzed: 2

Description

“Solid Brick Two-Family Gem in Detroit’s Vibrant Morningside Neighborhood! Welcome to your next great opportunity — a spacious 4-bedroom, 2-bath two-family property (with potential to easily convert to 5 bedrooms) in one of Detroit’s most promising areas! Nestled just one block from bustling Warren Ave, this solid brick beauty offers 2,222 square feet of character, charm, and endless potential. Each unit features generous living spaces, original details, and strong bones with a sturdy foundation — a perfect blank canvas for your renovation vision. Whether you’re an investor looking to add to your rental portfolio or an owner-occupant ready to restore and build equity, this property delivers flexibility and upside. Enjoy a large backyard and a huge parking garage, ideal for extra storage or multiple vehicles. With the right updates, this could easily become a high cash-flowing asset or a stunning resale property — GREAT ARV. Located minutes from major freeways, shopping, and ongoing neighborhood redevelopment, Morningside is thriving, and opportunities like this are rare. Don’t miss your chance to transform this solid brick two-family into a showcase home or income-producing gem! PROPERTY IS SOLD AS IS. BUYER AND BUYER’S AGENT TO VERIFY ALL INFORMATION.”

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 5104-06 Balfour Road?

5104-06 Balfour Road is listed at $69,900, or $31 per square foot.

How many bedrooms does 5104-06 Balfour Road have?

This property has 4 bedrooms and 2 bathrooms, with 2,222 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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