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Turnkey Multifamily Home in Detroit

4373 Balfour Rd, Detroit, MI 48224

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For Sale

$230,000

Turnkey multifamily home, renovated, with income potential.

Type:Investment

Lot size:

0.13 Acres

HighLights

Turnkey multi‑family home, ready for immediate occupancy or rental.
Projected annual income of $30,000+ from both units.
Seller willing to entertain seller financing.
Completely renovated down to the studs with modern urban design.
Each unit features an open floor plan and in‑unit laundry.
Newer roof, brand new furnace, hot water tank, and windows.

We can help!

Contact an agent

Jarvis C King

For Sale

$230,000

Turnkey multifamily home, renovated, with income potential.

Type:Investment

Lot size:

0.13 Acres

Added:: Mar 12, 2026
Days on Market:: 118
Last Refresh:: Jul 2 at 6:52 pm

Property Features for 4373 Balfour Rd

General Information

Standard status: Active
Lot size: 0.13 Acres
Property subtype: Investment

Building Details

Year Built: 1927

We can help!

Contact an agent

Jarvis C King

Listing office

Listing date Mar 12, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Jarvis C King

HighLights

Turnkey multi‑family home, ready for immediate occupancy or rental.
Projected annual income of $30,000+ from both units.
Seller willing to entertain seller financing.
Completely renovated down to the studs with modern urban design.
Each unit features an open floor plan and in‑unit laundry.
Newer roof, brand new furnace, hot water tank, and windows.

Overview

The property at 4373 Balfour is a multifamily home ready for a new owner. This turnkey property has been renovated down to the studs and curated for urban living. Both units feature an open floor plan and in-unit laundry. The ground unit includes access to additional flex space in the basement, while the upper unit has a built-out attic suitable for an additional bedroom or living space. The upper unit features 3 bedrooms, and the lower unit has 2 bedrooms. The property includes a newer roof, a new furnace, a new hot water tank, and new windows. It has a projected annual income of over $30,000 with both units performing. Seller is willing to entertain seller financing.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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Location Insight

Map
Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -82.9444
Latitude: 42.3958

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For sale
Duplexes
MI
Detroit
48224
4373 Balfour Rd

What type of property is this?

Duplex - Turnkey multifamily home, renovated, with income potential.

Where is this duplex located?

The property is located at 4373 Balfour Rd Detroit, MI.

What is the asking price?

The asking price for this property is $230,000.

What are key features of this property?

This property features: Turnkey multi‑family home, ready for immediate occupancy or rental.; Projected annual income of $30,000+ from both units.; Seller willing to entertain seller financing.