Listed price in listed location currency (USD).
$95,000

312

MLS® 20261046701

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1100 sqft
Garage Yes
Taxes $1,363
Days Active 4
Lot Size 0.12 Acres
Approx. Age 1948
Avg. Price Per Sqft $86
MLS® Number 20261046701

Property Address: 11441 Balfour Rd, Detroit, MI, 48224-1190

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors! Welcome to a rock-solid addition to your real estate portfolio. Priced at just $95, 000, this tenant-occupied property provides immediate cash flow from day one, completely bypassing the hassle of rehab, marketing, and leasing. The home features a functional layout with three comfortable bedrooms and one full bathroom, complemented by a full basement that provides excellent storage or utility space. Outside, the property includes a detached garage and a manageable yard, all situated in a high-demand rental pocket with easy access to local amenities and transit. From an investment standpoint, the numbers speak for themselves. With a current rent of $1, 250 per month, the property generates a gross annual income of $15, 000, providing an exceptional yield at this price point. The home is occupied by a reliable, long-term tenant who treats the house like their own, giving you the peace of mind that comes with a proven payment history and zero immediate vacancy costs. This is the perfect hands-off asset for out-of-state investors or local buyers looking to scale their portfolios with minimal effort. Properties with established, long-term tenants at this price point do not last long in today's market. Out of respect for the tenant’s privacy, inspections and walkthroughs will only be arranged after a signed purchase agreement is in place. Please do not disturb the occupants. Serious inquiries only—contact us today to submit your contract for review. All measurements and square footage are estimated .
MLS® Number20261046701
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1948
BasementUnfinished
DrivewayTwo Car Garage, Detached, Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2026List Date
$95,000List Price

Home Appraisal

This property is estimated to sell between: $90,000 and $98,000.
Similar properties in this area sold on average for: $90,956
Expected to sell in 63 days. Similar properties sold in 67 days. This home has been on eXp Realty for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
11441 Balfour Rd, Detroit, MI

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