Building Details

Year Built 1929

Listing Agency: Real Estate One Southgate

Listed By: Penny L Tarwacki · License #MCAR-6502392169 Show Phone

Source: Findmichiganhomelistings

Added: Oct 8 Changed: Oct 10 Last Checked: Oct 9 at 5:18PM

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Investment Insights

Based on property information with market context.

This duplex contains two residential units, one of which is occupied. The seller accompanies property showings, which require at least 24 hours’ advance notice. Prospective visitors should not approach the tenant directly.

Key Highlights

• Two‑unit duplex
• One unit is occupied
• Showings require at least 24 hours’ notice and are accompanied by the seller; do not approach the tenant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

331

Businesses Nearby

Explore this area Business Placement

Demographics for 48224, MI

39,633

Population

16,786

Households

2.4

Avg Household Size

33

Median Age

14%

College-Educated

84%

High-School Grad

5.8 sq mi

ZIP Area

6,833

Density / Sq Mi

$42,963

Median Household Income

$30,997

Median Earnings

$1,213

Median Rent

$77,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - One of the two units is occupied, with showings coordinated through the seller.

Where is this duplex located?

The property is located at 5248 Balfour Rd Detroit, MI.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Two‑unit duplex; One unit is occupied; Showings require at least 24 hours’ notice and are accompanied by the seller; do not approach the tenant