$74,500 for Sale
5104-06 balfour road, detroit, MI 48224
| Beds 4 | Baths 2 | 2,222 Sqft | 0.12 Acres |
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Property Description
INVESTORS SPECIAL ! ? 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 SQFT 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 BUYERS AGENT TO VERIFY ALL THE INFORMATION
General Information
Sale Price: $74,500
Price/SqFt: $34
Status: Active
MLS#: rcomi20251041378
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: east detroit dev cos 3
Acres: 0.12
Lot Dimensions: 40X130
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 2,222 sq.ft.
Acreage: 0.12 est.
Year Built: 1928
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Alley
Garage: 1 Car
Garage Description: Attached
Construction: Brick
Exterior: Brick
Basement: Yes
Foundation : Michigan Basement
Heating: ENERGY STAR® Qualified Furnace Equipment
Fuel: Natural Gas
Waste: Septic Tank (Existing)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,478
Est. Winter Taxes: $1,806
Legal Description: E BALFOUR 1462 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 130

IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Lila Mircholi of Golden Key Realty Group LLC, Phone: (248) 422-6962