Sold for $215,000

$215,000

896 Alter Rd, Detroit, MI 48215

4beds

3,308sqft

Multi Family

Built in 1922

-- sqft lot

$222,500 Zestimate^®

$65/sqft

$998 Estimated rent

Home value

$222,500

$200,000 - $247,000

$998/mo

Zestimate^® history

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Owner options

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$998/mo

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$998/mo

Rent Zestimate^®

Refinance and save

$1,533/mo

Est. payment

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$1,533/mo

Est. payment

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What's special

Nestled in Detroit's tranquil Jefferson Chalmers neighborhood near Grosse Pointe Park, this well-maintained four-unit multifamily property offers an excellent investment opportunity. Each of the four units features a living room, kitchen, dining area, one bedroom, and one bathroom, providing comfortable living spaces for residents. The Jefferson Chalmers area is known for its family-friendly atmosphere and proximity to shops and restaurants, offering a vibrant community for residents. The location also provides a short commute to downtown Detroit, enhancing its appeal to potential tenants. This property stands as a solid investment in a developing neighborhood, offering both immediate rental income and long-term growth potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Hot Water, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 3,308 sqft
Finished area above ground: 3,308

Property

Parking

Total spaces: 2
Parking features: Two Car Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 6,969 sqft
Dimensions: 50.00 x 135.00

Details

Parcel number: W21I062693S
Zoning description: MultiFamily, Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public

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

Date	Event	Price
8/13/2025	Listing removed	$1,000
Source: Zillow Rentals Report a problem
6/1/2025	Listed for rent	$1,000
Source: Zillow Rentals Report a problem
5/22/2025	Sold	$215,000-13.8%$65/sqft
Source: Realcomp II #20250025095 Report a problem
4/22/2025	Pending sale	$249,500$75/sqft
Source: Realcomp II #20250025095 Report a problem
4/11/2025	Listed for sale	$249,500+1141.3%$75/sqft
Source: Realcomp II #20250025095 Report a problem