$549,900

Estimated payment $3,045/month

Total Views 4,084
22 Beds
28 Baths
15,837 Sq Ft
$35 Price per Sq Ft

Highlights

  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • 4-minute walk to Dueweke Park

About This Home

Located at 4847 Baldwin Street, Detroit, MI, just north of The Villages neighborhood, The Balren apartment is a four-story brick apartment building offering a strong value-add investment opportunity with close proximity to Downtown Detroit and convenient access to all major highways. Built in 1925, the property had undergone renovations and has the potential to generate over $300,000 in gross annual income once stabilized. Previously approved and permitted improvements through BSEED include in-wall and underground plumbing, mechanical and electrical upgrades, newly installed split HVAC units, and new framing completed in 13 of the 26 units. The building features a total of 26 apartments consisting of 6 studios, 18 one-bedroom units, and 2 two-bedroom units, with projected monthly rents ranging from $1,250 to $1,500. A previously constructed basement laundry room with a new concrete slab is in place.

Listing Agent

Hussein Farhat

RE/MAX Team 2000 License #6501300497 Listed on: 01/20/2026

RE/MAX Team 2000

Co-Listing Agent

Allen Gawall

RE/MAX Team 2000 License #6501285541

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2024

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 61.85x121.47

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 28 Full Bathrooms
  • 15,837 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W17I011509S

Community Details

Overview

  • 26 Units
  • E C Van Husans Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,555

Year Built

Built in 1925 | Remodeled in 2024

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 4-10 Story
  • Year Built: 1925
  • State Equalized Value: 438400.0000
  • Year Renovated: 2024
  • Pets Allowed: Yes
  • Special Features: 1026
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 28.00
  • Full Bathrooms: 28
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 15837

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 61.85X121.47
  • Parcel Number: W17I011509S
  • Zoning: Commercial

Rental Info

  • Monthly Rental Income: 1250

Tax Info

  • Tax Amount Summer: 2296.0000
  • Tax Amount Winter: 259.4100
  • Total Tax: 2555.4100
  • Taxable Value: 29813.0000

Multi Family

  • Gross Scheduled Income: 32500.00
  • Number Of Units Total: 26
  • Number of Efficiency Units: 6

MLS Schools

  • School District: Detroit

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,296 $438,400 $0 $0
2024 $2,278 $390,300 $0 $0
2023 $2,220 $331,600 $0 $0
2022 $2,393 $292,200 $0 $0
2021 $2,317 $195,200 $0 $0
2020 $2,316 $158,200 $0 $0
2019 $2,275 $149,900 $0 $0
2018 $1,948 $24,000 $0 $0
2017 $14,378 $22,400 $0 $0
2016 $2,066 $22,100 $0 $0
2015 $2,210 $22,100 $0 $0
2013 $1,904 $22,126 $0 $0
2010 -- $23,828 $4,668 $19,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2026 01/20/26 For Sale $549,900 +83.3% $35 / Sq Ft
05/28/2019 05/28/19 Sold $300,000 -14.3% $19 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $350,000 +16.7% $22 / Sq Ft
11/01/2016 11/01/16 Sold $300,000 -7.7% $400 / Sq Ft View Prior Sale
01/29/2016 01/29/16 For Sale $325,000 -- $433 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $650,000 None Listed On Document
Sheriffs Deed $650,000 None Listed On Document
Contract Of Sale -- None Listed On Document
Contract Of Sale -- None Listed On Document
Warranty Deed $300,000 Fatic
Warranty Deed -- None Available
Warranty Deed $255,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Deed -- E Title
Warranty Deed -- Etitle Agency Inc
Source: Public Records

Source: Realcomp

MLS Number: 20261004246

Realcomp

APN: 17-011509

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