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(248) 345-5109
Real Estate Company
4847 Baldwin St, Detroit, MI 48214
- $440,000
- 28
- BA
- 15,837
- SqFt
- Sold Price
- $440,000
- List Price
- $449,900
- Closing Date
- Jun 26, 2026
- MLS#
- 20261004246
- Status
- CLOSED
- Bathrooms
- 28
- Subdivision
- E C VAN HUSANS
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.
Additional Information
- Year Built
- 1925
- Basement Type
- Full, Unfinished
- Acres
- 0.17
- Style
- Other
- Acres
- 0.17
- School District
- Detroit
- Heating
- Natural Gas, Steam
- Exterior Features
- Lighting
Mortgage Calculator
Courtesy of RE/MAX Team 2000 3135610900
Selling Office: Stephen Hagerman.
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