11441 Balfour Road, Detroit, MI 48224

$85,000
3
BD
1
BA
1,100
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$85,000
List Price
$95,000
Closing Date
Jul 23, 2026
Days on Market
7
MLS#
20261046701
Status
SOLD
Type
Single Family Residential
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
1,100

Property 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 .

Additional Information

Taxes
$1,363
Acres
0.12
Garage
Yes
Heating
Forced Air
School District
Detroit
Sewer
Public Sewer
Stories
2
Style
Bungalow
Water
Public

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Hasan Khan from Listing Office: EXP Realty Main.

Selling Agent: Selling Office: .

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .