$440,000
SOLD JUN 26, 2026
-- Bed
28 Baths
15,837 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: June 26, 2026

$28 Per Sq Ft

20% Below List Price

80 Days on Market

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Hussein Farhat

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

RE/MAX Team 2000

Co-Listed By

Allen Gawall

RE/MAX Team 2000 License #6501285541

Last Buyer's Agent

Stevey Hagerman

License #6504430563

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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

  • 15,837 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • 28 Full Bathrooms
  • Exterior Lighting
  • Basement

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: ResidentialIncome
  • Year Built: 1925
  • State Equalized Value: 438400.00
  • Year Renovated: 2024
  • Pets Allowed: Yes
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.17
  • Co List Office Mls Id: 426775
  • Co List Office Phone: 3135610900
  • Co List Office Mls Id: 426775
  • Above Grade Finished Sq Ft: 15837.00
  • Living Area: 15837.00
  • ClassName: ResidentialIncome
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: 1026

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 28

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Road Frontage Type: Paved
  • Disclosures: ProjectedIncome, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: No

Utilities

  • Heating: NaturalGas, Steam
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Dimensions: 61.85X121.47
  • Parcel Number: W17I011509S
  • Land Lease Expiration Date: 2026-09-25
  • Zoning Description: Commercial

Rental Info

  • Monthly Rental Income: 1250.00

Tax Info

  • Tax Amount Summer: 2296.00
  • Tax Amount Winter: 259.41
  • Tax Annual Amount: 2555.41

Multi Family

  • Gross Scheduled Income: 32500.00
  • Number Of Units Total: 26
  • Number of Efficiency Units: 6
  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2025
Sold by
Bought by

Purchase Details

Listed on
Feb 13, 2019
Closed on
May 17, 2019
Sold by
Bought by
Seller's Agent
Vlatko Makrievski
VM Real Estate Group
Buyer's Agent
Vlatko Makrievski
VM Real Estate Group
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Dec 8, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Sheriffs Deed $650,000 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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner -- Construction
Previous Owner $217,500 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2026 06/26/26 Sold $440,000 -2.2% $28 / Sq Ft
04/10/2026 04/10/26 Pending -- -- --
04/01/2026 04/01/26 Price Changed $449,900 -10.0% $28 / Sq Ft
02/25/2026 02/25/26 Price Changed $499,900 -9.1% $32 / Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Realcomp

MLS Number: 20261004246

Realcomp

APN: 17-011509

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