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Sold for $61,000 on 06/05/25
  • $61,000

    5530 Alter Rd, Detroit, MI 48224

    5beds
    2,512sqft
    Single Family Residence
    Built in 1938
    4,791.6 Square Feet Lot
    $61,500 Zestimate®
    $24/sqft
    $2,295 Estimated rent

    What's special

    Welcome to this full gem in the desirable 48224 zip code! This property offers incredible potential, featuring multi-family 5 spacious bedrooms (3 on the first floor and 2 upstairs), 3 full bathrooms, and a convenient half bath in the basement. With separate living and dining rooms on both floors, this home provides ample space and privacy. Recent upgrades include a brand-new roof and new gutters (11/2024), ensuring peace of mind for years to come. This property offers a spacious layout with a fireplace on the first floor, a spacious basement with two extra rooms, perfect for extra storage or workspace, and the 2-car garage offers additional value with some rehab needed. Whether you are looking to flip or hold for long-term rental income, this property offers endless possibilities, this will be a great investment situated in a beautiful neighborhood. Don’t miss this incredible opportunity – submit your offer today! This property is ready to generate rental income or serve as a fantastic owner-occupied home. Schedule a showing now and make it yours!

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 04:30pm

    Listed by:

    Tekeila Steen 810-882-8559,

    Keller Williams Realty-Great Lakes

    Bought with:

    Tekeila Steen, 6501444707

    Keller Williams Realty-Great Lakes

    Source: Realcomp II,MLS#: 20240093046MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,512 sqft
    • Finished area above ground: 2,512

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached, Driveway, Garage Faces Front
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 40.00 x 115.00
    Details
    • Parcel number: W21I062959S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: WALLACE FRANK B ALTER RD GARDENS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    Services availability
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    Estimated market value

    $61,500