Sold
Last Sold Price
4 beds2,216 sqft$23/sqft
5264 Balfour Road, Detroit, MI 48224
Multi FamilyProperty Type
5,227 sq ftLot Size
1929Year Built
$23/sq ftPrice per sq ft
2 carsParking Spaces

Description

Investors Special. Well maintained multi-family home that is occupied by tenants who hold extensive longevity. Seller has rental receipts that reflect consistent rent payments by tenants. Solid community near main and major streets for excellent ingress and egress with both, private and public transportation.Investors Special. Well maintained multi-family home that is occupied by tenants who hold extensive longevity. Seller has rental receipts that reflect consistent rent payments by tenants. Solid community near main and major streets for excellent ingress and egress with both, private and public transportation.
  • Listed by: Lynn R Brown 248.423.3700 MR.LBROWN@ATT.NET Brokerage DRE #6504228332 • Treasure Homes, Inc
Listing closed: 07/23/2018 12:00 AM • Source: Realcomp, MLS#: 218040811

Recent comparable sales

Median sold price

$81,000

Avg days on market

27

Sale-to-list ratio

98.5%

Detroit, MI

9 comparable properties found

$58,000 | 5258 Alter Road, Detroit, MI 48224
1/12
1

$58,000

Sold 05/07/26

4
Bedrooms
1,788
Square Feet
0.12
Acres
$81,000 | 5541-5543 Balfour Road, Detroit, MI 48224
1/50
2

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Sold 03/20/25

4
Bedrooms
1,944
Square Feet
0.13
Acres
$107,500 | 4401 Buckingham, Detroit, MI 48224
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Sold 04/14/25

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Square Feet
0.1
Acres
$45,000 | 4810 Chalmers Street, Detroit, MI 48215
1/2
4

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Sold 07/29/25

4
Bedrooms
2,084
Square Feet
0.1
Acres
$193,000 | 3619 Bedford Street, Detroit, MI 48224
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Sold 09/20/24

4
Bedrooms
2,177
Square Feet
0.11
Acres
$264,000 | 5936 Grayton Street, Detroit, MI 48224
1/29
6

$264,000

Sold 12/30/24

4
Bedrooms
2,504
Square Feet
0.14
Acres
$50,500 | 4125 Holcomb Street, Detroit, MI 48214
1/8
7

$50,500

Sold 09/30/24

4
Bedrooms
1,878
Square Feet
0.08
Acres
8

$63,000

Sold 07/25/25

4
Bedrooms
2
Bathrooms
2,222
Square Feet
0.12
Acres
$115,000 | 4158 Bedford Street, Detroit, MI 48224
1/27
9

$115,000

Sold 07/10/26

4
Bedrooms
1,851
Square Feet
0.11
Acres

Location

Listing Courtesy of Treasure Homes, Inc

Sold By EXP Realty LLC-Troy

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Payment Calculator

$362 per month

30 year fixed, 6.55% Interest

Principal and Interest

$259

Property Taxes

$103

HOA Dues

$0

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Property Information for 5264 Balfour Road

Property Details
  • Taxes: $1,236 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: EAST DETROIT DEVELOPMENT COS NO 3 (PLATS)
  • Architectural Style: Upper Lower Apartment
  • Waterfront: No
  • Zoning Description: Residential
Building Information
  • Residences: 2
  • Year Built: 1929
  • Lot Size: 0.12 AC / 5,227 SF
Summary
Location and General Information
  • Directions: North of E. Warren to East of Alter Road
  • Latitude: 42.402353
  • Longitude: -82.947956
  • Cross Street: N of E. Warren/E of Alter Road
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I067715S
  • Tax Amount Summer: $1,122.00
  • Tax Amount Winter: $114.00
  • Tax Annual Amount: $1,236.00
  • Tax Legal Description: E BALFOUR 1472 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 130
  • Tax Other Annual Assessment Description: 340
School Information
  • High School District: Detroit
Parking
  • Parking Total: 2.0
  • Parking Features: Garage
Property
Lot Information
  • Frontage Length: 40.0
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 40.00X130.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 40
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 2216.0
  • Building Area Total: 2216.0
  • Above Grade Finished Area: 2216.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1108.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1929
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Gas Water Heater
  • Basement: Common
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Heating: Forced Air, Natural Gas, Steam
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
  • UnitTwoBedNumberOf: 2
Exterior Features
  • Patio And Porch Features: Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $18,000.00
  • Net Operating Income: $15,600.00
Unit Information
Unit 1
  • Actual Rent: $750.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 1108.0
  • Type: Two Bedroom
  • Total Units: 2.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,500.00
  • Rent Includes: Sewer, Water

Property History for 5264 Balfour Road

DateEvent & SourcePriceAppreciation
Jul 23, 2018

Sold (Public Record)

Public Record #628709990

$51,000
Jul 23, 2018

Sold

Realcomp #218040811

$51,000
Jul 23, 2018

Sold

MiRealSource #21447828

$51,000
DateEvent & SourcePrice
07/23/2018

Sold (Public Record)

Public Record #628709990

$51,000
07/23/2018

Sold

Realcomp #218040811

$51,000
07/23/2018

Sold

MiRealSource #21447828

$51,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5264 Balfour Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,380 ($198 / month)
Home Facts
Baths2Total Finished SqFt2,216 SqFtAbove Grade Finished SqFt2,216 SqFtUnfinished Basement SqFt1,080 SqFtStories2Lot Size5,227 SqFtStyleDuplexYear Built1929Year Renovated1929ZoningR2CountyWAYNEAPN21067715.

Schools near 5264 Balfour Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Brown Ronald Academy
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5264 Balfour Road, Detroit, MI 48224
$51,000
4
2,216
5,227
$3,000
3
1,686
5,200
$52,500
2
1,636
5,227
$4,150
3
1,660
5,200
$120,000
3
1
1,239
5,227
$30,000
3
1,583
5,227

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Treasure Homes, Inc

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 09/15/2023 05:12 AM PST