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Sold for $304,000 on 05/20/24
  • $304,000

    172 Alter Rd, Detroit, MI 48215

    4beds
    2,552sqft
    Multi Family
    Built in 1966
    -- sqft lot
    $241,900 Zestimate®
    $119/sqft
    $1,350 Estimated rent

    Home value

    $241,900

    $206,000 - $278,000

    $1,350/mo

    Zestimate® history
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    What's special

    This is a wonderful 4 bedroom, multi family home, and the perfect location for an Airbnb. Still owned by the original builder, the house sits across the street from Fox creek canal, and backs up to Grosse Pointe Park. A big plus is you're just 200 yards from Lake Saint Clair. If you're a boater, the launch is just 500 feet away. A current vacation rental around the corner is generating $700 per night. As well, no expense has been spared with the upgrades that include Crestline windows, granite countertops, custom cabinets in both the bathrooms and the kitchens, glass bowl sinks, walk in showers, central air, tankless water heaters, skylights, central air, complete insulation in all walls and ceilings, and much more. There is even a finished room in the basement, perfect for use as a small theatre. The newer roof, full copper plumbing and newer hvac, will provide you with maintenance free ownership for years to come. You have to see this one to appreciate the level of workmanship, so make your appointment today.

    Zillow last checked: 8 hours ago

    Listing updated: August 05, 2025 at 01:45am

    Listed by:

    Phillip VanBuren 313-622-1456,

    Home Negotiators LLC

    Bought with:

    John C Costa, 6502132336

    Jim Saros Real Estate Services

    Source: Realcomp II,MLS#: 20230088833MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,552 sqft
    • Finished area above ground: 2,152
    • Finished area below ground: 400

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Pool features: None
    Lot
    • Size: 6,969 sqft
    • Dimensions: 50.00 x 135.00
    Details
    • Parcel number: W21I062606S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1966
    • Major remodel year: 2010

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: WINDMILL POINTE SUB (ALSO P6) (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    7/19/2024Listing removed--
    Source: Zillow Rentals
    6/28/2024Listed for rent$1,500$1/sqft
    Source: Zillow Rentals
    5/20/2024Sold$304,000-1.9%$119/sqft
    Source: Realcomp II #20230088833
    5/9/2024Pending sale$310,000$121/sqft
    Source: Realcomp II #20230088833
    10/18/2023Listed for sale$310,000$121/sqft
    Source: Realcomp II #20230088833

    Public tax history

    YearProperty taxesTax assessment
    2025-- $44,400 +31.8%
    2024-- $33,700 -3.4%
    2023-- $34,900 +26.9%

    Find assessor info on the county website

    Neighborhood: 48215

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $241,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $241,900