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Image 1 - 4640 Balfour Rd, Detroit, Michigan, 48224 - House for sale
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Balfour Rd, Detroit, Home For Sale
4640 Balfour Rd, Detroit, Michigan, 48224

Balfour Rd, Detroit, Home For Sale

house for sale
Listed: 06/27/24

4640 Balfour Rd, Detroit, Michigan, 48224

4 Bed:
2 Bath:
2,458 Sq Ft Living Area:
Save
Price
$ 64,900

About This House

Welcome to 4640 Balfour, a Cash Buyers Dream Property! This home has been completely gutted out, providing a blank canvas for your creative vision. The renovation process has begun, with some new framing, mechanicals and insulation. Whether you're looking to flip for a profit or hold for long-term rental income, this property offers endless possibilities including conversion into a multifamily. Some features include a spacious layout, a fireplace , a large backyard and basement with ample that could be finished to add even more living area. Priced to sell, this property won't last long on the market. Schedule your appointment today! All measurements are estimates and should be verified by the buyer.

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Morningside Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Morningside, Detroit, United States averaged $135,261, an increase of 8.7% from the previous month.
Median price trends for properties for sale in Morningside, Detroit, United States as of June 2024.

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.