$449,900 for Sale
4847 baldwin, detroit, MI 48214
Property Description
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.
General Information
Sale Price: $449,900
Price/SqFt: $28
Status: Active
MLS#: 989
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: e c van husans
Acres: 0.17
Lot Dim: 61.85X121.47
Bedrooms:0
Bathrooms:28 (28 full, 0 half)
Size: 15,837 sq.ft.
Acreage: 0.17 est.
Year Built: 1925
Features & Room Sizes
Basement: No
Heating: Steam
Tax, Fees & Legal
Est. Summer Taxes: $2,296
Est. Winter Taxes: $259

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Hussein Farhat of RE/MAX Team 2000
This listing last updated: Wed, April 01, 2026 at 3:54:11 PM EDT
MIRealSource Listing Data Last Updated On Monday, April 6 2026 at 10:09pm