Sold for $189,900 on 01/13/25
$189,900
700 Alter Rd, Detroit, MI 48215
4beds
2,448sqft
Duplex
Built in 1953
-- sqft lot
$200,800 Zestimate®
$78/sqft
$1,445 Estimated rent
Home value
$200,800
$181,000 - $223,000
$1,445/mo
Zestimate® history
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What's special
Exciting investment opportunity in the rapidly appreciating Jefferson Chalmers Neighborhood! Outstanding location South of Jefferson sharing a fence line with the City of Grosse Pointe Park and across from the charming canals of Jefferson Chalmers, this all brick duplex boasts large open concept living spaces, 2 large bedrooms with huge closets per unit, large kitchens, well maintained bathrooms, separate- private basements for each tenant with storage & laundry, and driveway with garage for convenient off street parking for tenants. "House Hack" by living in one unit and renting the other! Separate utility meters for each apartment. Market rents of $1,050+ per unit! Super easy to manage and allows for a strong passive income!
Very walkable location steps from coffee, dining, and shopping on Jefferson & Kercheval as well as the highly anticipated $45M+ development of the new Performing Arts Center coming to Jefferson! Neighboring duplex sales as high as $300K+ allowing for an attractive value add opportunity!
Zillow last checked: 8 hours ago
Listing updated: August 06, 2025 at 06:45am
Listed by:
James B Saros 313-886-9030,
Jim Saros Real Estate Services
Bought with:
Alan Jay Robinson, 6501379805
Century 21 Curran & Oberski
Source: Realcomp II,MLS#: 20240083889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Private,Private Storage Locker,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,448 sqft
- Finished area above ground: 2,448
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,969 sqft
- Dimensions: 50.00 x 135.00
Details
- Parcel number: W21I062680S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1953
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,Va Loan,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2025 | Sold | $189,900+0.5%$78/sqft |
Source: | ||
| 12/31/2024 | Pending sale | $189,000$77/sqft |
Source: | ||
| 11/8/2024 | Listed for sale | $189,000$77/sqft |
Source: | ||
| 9/10/2024 | Listing removed | $1,050 |
Source: Zillow Rentals | ||
| 8/21/2024 | Listed for rent | $1,050-2.3% |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $62,600 +32.1% |
| 2024 | -- | $47,400 +8.2% |
| 2023 | -- | $43,800 +27% |
Find assessor info on the county website
Neighborhood: Jefferson Chalmers
Nearby schools
GreatSchools rating
- 4/10Carstens Elementary-Middle SchoolGrades: PK-8Distance: 0.8 mi
- 2/10East English Village Preparatory AcademyGrades: 9-12Distance: 2.5 mi
Get a cash offer in 3 minutes
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Estimated market value
$200,800
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
$200,800


