2229 Alter Rd, Detroit, MI 48215

Studio4 baths2,122 sqft

For Sale
$21,000
Zestimate®: $108,904
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My Notes

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A GREAT OPPORTUNITY ON A CORNER LOT. THIS IS A 2 UNIT THAT FEATURES A LOWER UNIT WITH 3 BEDROOMS AND A UPPER WITH 2, LIVING,DINING & KITCHEN WITH CERAMIC FLOORS, 2 FULL BATHS EACH UNIT WITH CERAMIC FLOORS, BOTH UNITS HAVE NEWER VINYL WINDOWS, ELECTRICAL, FURNACES, DRAINAGE SYSTEM AND SUMP PUMP, NEWER ROOF, COMMON UNFINISHED BASEMENT. SOLD "AS IS". CLOSE TO PARK, FREEWAY AND SHOPPING......CALL TODAY FOR YOUR SHOWING APPOINTMENT.

Facts

  • Lot: 2,613 sqft
  • Multi Family
  • Built in 1925
  • 93 days on Zillow
  • Views: 2,592 all time views
  • 22 shoppers saved this home
  • Heating: Forced air
  • Last sold: Mar 2014 for $6,000
  • Last sale price/sqft: $3
  • MLS #: 215041404

Additional Features

  • Construction Materials: Brick
  • Income Projection: Projected
  • Road Frontage Type: Paved
  • Title: Private - Owned
  • Water Source: Municipal Water
  • Last Change Type: Price Decrease
  • School District: Detroit
  • Sewer: Sewer-Sanitary
  • MLS Area Major: Mack To Shor
  • Architecture Style: Lower Apartment
  • Architecture Level: 2 Story
  • Foundation Materials: Brick
  • Transaction Type: Sale

Construction

  • Exterior material: Brick, Vinyl
  • Roof type: Asphalt
  • Stories: 2
  • Structure type: Other
  • Unit count: 2

Other

  • Floor size: 2,122 sqft
  • Heating: Gas
  • Lot depth: 88
  • Lot width: 31
  • Parcel #: 21063170
  • Zillow Home ID: 88199332

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$108,904
+$4,219 Last 30 days
$52K
$146K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$797/mo
+$4 Last 30 days
$638
$1K
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Comparable Homes

Homes like this sold for $61-181K.

$50K
$190K

Popularity on Zillow

877 views since listing
2,592 all-time (chart)
22 shoppers saved
this home to their list of favorites

Mortgages

Neighborhood: 48215

Zillow predicts 48215 home values will increase 2.5% next year, compared to a 1.8% decrease for Detroit as a whole. Among Detroit homes, this home is 48.3% less expensive than the midpoint (median) home, and is priced 75% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 48215, the number of foreclosures waiting to be sold is 22.4% lower than in Detroit, and 301.9% higher than the national average. This lower local number could help 48215 home values rise more quickly than other regions in Detroit.

Learn more about forecast calculations or 48215 home values.
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Nearby

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    Nearby Schools in Detroit

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org