Sold
Last Sold Price
4 beds2,234 sqft
368 Alter Road, Detroit, MI 48215
Multi FamilyProperty Type
0.16 acresLot Size
1948Year Built
$6/sq ftPrice per sq ft

Description

Great Investment Property. Subject to third party approval.Great Investment Property. Subject to third party approval.
  • Listed by: Esther Ligon 248.291.3012 mdligon1@yahoo.com Brokerage DRE #6505367086 • MI ELITE REALTY
Listing closed: 07/05/2012 12:00 AM • Source: Realcomp, MLS#: 212037850

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Recent comparable sales

Median sold price

$107,500

Avg days on market

49

Sale-to-list ratio

88.9%

Detroit, MI

9 comparable properties found

$180,250 | 483 Philip Street, Detroit, MI 48215
1/29
1

$180,250

Sold 07/22/26

4
Bedrooms
2,276
Square Feet
0.12
Acres
$189,900 | 700 Alter Road, Detroit, MI 48215
1/14
2

$189,900

Sold 01/13/25

4
Bedrooms
2,448
Square Feet
0.16
Acres
$22,000 | 2575 Ashland Street, Detroit, MI 48215
1/18
3

$22,000

Sold 09/08/26

4
Bedrooms
2,151
Square Feet
0.1
Acres
$190,000 | 274 Lenox Street, Detroit, MI 48215
1/24
4

$190,000

Sold 04/15/25

4
Bedrooms
2,668
Square Feet
0.11
Acres
$107,500 | 4401 Buckingham, Detroit, MI 48224
1/17
5

$107,500

Sold 04/14/25

4
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1,946
Square Feet
0.1
Acres
$115,000 | 4158 Bedford Street, Detroit, MI 48224
1/27
6

$115,000

Sold 07/10/26

4
Bedrooms
1,851
Square Feet
0.11
Acres
$81,000 | 5541-5543 Balfour Road, Detroit, MI 48224
1/50
7

$81,000

Sold 03/20/25

4
Bedrooms
1,944
Square Feet
0.13
Acres
$90,000 | 5765 Devonshire Road, Detroit, MI 48224
1/13
8

$90,000

Sold 09/03/26

4
Bedrooms
2,178
Square Feet
0.11
Acres
$14,000 | 5931 Wayburn Street, Detroit, MI 48224
1/2
9

$14,000

Sold 06/17/25

4
Bedrooms
1,968
Square Feet
0.09
Acres

Location

Listing Courtesy of MI ELITE REALTY

Sold By MI ELITE REALTY

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Payment Calculator

$353 per month

30 year fixed, 7.03% Interest

Principal and Interest

$67

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 368 Alter Road

Property Details
  • Taxes: $3,435 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: WINDMILL POINTE SUB (ALSO P6) (PLATS)
  • Architectural Style: Upper Lower Apartment
  • Waterfront: No
  • Zoning Description: Multi Family
Building Information
  • Residences: 2
  • Year Built: 1948
  • Lot Size: 0.16 AC / 6,969 SF
Summary
Location and General Information
  • Directions: JEFFERSON TO ALTER PAST AVONDALE
  • Latitude: 42.366214
  • Longitude: -82.933392
  • Cross Street: S of Jefferson/E of Lenox
  • MLS Area Major: Area05066Det Mcclellan East Mack To Shore
Taxes and HOA
  • Parcel Number: W21I062638S
  • Tax Amount Summer: $3,094.00
  • Tax Amount Winter: $341.00
  • Tax Annual Amount: $3,435.00
  • Tax Legal Description: E-ALTER 113 WINDMILL POINTE SUB L37 P5 PLATS, W C
  • Tax Other Annual Assessment Description: YES
School Information
  • High School District: Detroit
Property
Lot Information
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 50X135
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
Property and Assessments
  • Living Area: 2234.0
  • Above Grade Finished Area: 2234.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1948
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement
  • Levels: Two
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • UnitTwoBedNumberOf: 2
Multi Family
Multi Family Information
  • Number of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $6,960.00
  • Net Operating Income: $4,350.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $580.00

Property History for 368 Alter Road

DateEvent & SourcePriceAppreciation
Jul 5, 2012

Sold (Public Record)

Public Record #335788437

$12,500—
Jul 5, 2012

Sold

Realcomp #212037850

$12,500—
May 28, 2012

Contract Signed

Realcomp #212037850

—
DateEvent & SourcePrice
07/05/2012

Sold (Public Record)

Public Record #335788437

$12,500
07/05/2012

Sold

Realcomp #212037850

$12,500
05/28/2012

Contract Signed

Realcomp #212037850

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 368 Alter Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,907 ($159 / month)
Home Facts
Baths2Total Finished SqFt2,234 SqFtAbove Grade Finished SqFt2,234 SqFtUnfinished Basement SqFt1,117 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built1948Year Renovated1948ZoningR2CountyWAYNEAPN21062638.

Schools near 368 Alter Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Carstens Elementary-Middle School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 368 Alter Road, Detroit, MI 48215
$12,500
4
2,234
6,969
$650
4
2,234
6,969
$16,000
–
–
–
6,750
–
–
2.5
2,057
6,970
–
–
1
936
6,970
–
–
–
–
6,970

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MI ELITE REALTY

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 09/24/2023 05:20 AM PST