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.
Sold for $215,000 on 05/22/25
$215,000
896 Alter Rd, Detroit, MI 48215
4beds
3,308sqft
Multi Family
Built in 1922
-- sqft lot
$223,400 Zestimate®
$65/sqft
$1,324 Estimated rent
Home value
$223,400
$203,000 - $248,000
$1,324/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 02:00pm
Listed by:
David Dawood 248-722-7555,
Detroit Progress Realty LLC
Bought with:
John Kravitz, 6501259706
Town & Country Realty-Lexington
Source: Realcomp II,MLS#: 20250025095
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 | ||
| 6/1/2025 | Listed for rent | $1,000 |
Source: Zillow Rentals | ||
| 5/22/2025 | Sold | $215,000-13.8%$65/sqft |
Source:  Realcomp II #20250025095 | ||
| 4/22/2025 | Pending sale | $249,500$75/sqft |
Source: Realcomp II #20250025095 | ||
| 4/11/2025 | Listed for sale | $249,500+1141.3%$75/sqft |
Source: Realcomp II #20250025095 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $79,400 +32.3% |
| 2024 | -- | $60,000 +42.9% |
| 2023 | -- | $42,000 +26.5% |
Find assessor info on the county website
Neighborhood: Jefferson Chalmers
Nearby schools
GreatSchools rating
- 4/10Carstens Elementary-Middle SchoolGrades: PK-8Distance: 0.9 mi
- 2/10East English Village Preparatory AcademyGrades: 9-12Distance: 2.4 mi
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Estimated market value
$223,400
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
$223,400