Sold
Last Sold Price
3 beds1,765 sqft$71/sqft
460-462 Alter Road, Detroit, MI 48215
Multi FamilyProperty Type
6,969 sq ftLot Size
1958Year Built
$71/sq ftPrice per sq ft
2 carsParking Spaces

Description

Beautiful, well maintained 2 family flat with loads of potential. Why not call this home?? The owners suite has 2 Bedrooms and 1 bath, while the upper unit is 1 bedroom 1 bath. Previously used a family home with relatives residing in the upper unit. The home could be used with In-laws suite on second level with private entrance. This home is immaculate. Minor updates and you're ready to move in! Home comes with hardwood floors under carpet and a clean basement with updated HVAC. The 2 car garage...Beautiful, well maintained 2 family flat with loads of potential. Why not call this home?? The owners suite has 2 Bedrooms and 1 bath, while the upper unit is 1 bedroom 1 bath. Previously used a family home with relatives residing in the upper unit. The home could be used with In-laws suite on second level with private entrance. This home is immaculate. Minor updates and you're ready to move in! Home comes with hardwood floors under carpet and a clean basement with updated HVAC. The 2 car garage is spacious, clean, equipped with electricity and comes with an opener. Sliding glass doors off both dining areas, open floor plan makes for great entertaining. This is a must see! Located within walking distance to the Detroit River, the shops on Jefferson, and the Grosse Pointes. Easy to use as income property such as AIR BNB. NEZ Homestead eligible! All measurements are approx. Buyer/buyer's agent to verify all formation. Pre-approved buyers only.
  • Listed by: Jamila S Jackson 313.263.1668 msjamilajackson@gmail.com Brokerage DRE #6505355036 • Hawkins Realty Group, Inc
Listing closed: 11/15/2019 12:00 AM • Source: Realcomp, MLS#: 219091194

Recent comparable sales

Median sold price

$115,000

Avg days on market

38

Sale-to-list ratio

89.2%

Detroit, MI

9 comparable properties found

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$86,500 | 2525 Eastlawn Street, Detroit, MI 48215
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$145,000 | 604 Chalmers Street, Detroit, MI 48215
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Location

Listing Courtesy of Hawkins Realty Group, Inc

Sold By Hawkins Realty Group, Inc

Add your commute

Payment Calculator

$760 per month

30 year fixed, 6.71% Interest

Principal and Interest

$646

Property Taxes

$114

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 460-462 Alter Road

Property Details
  • Taxes: $1,370 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: WINDMILL POINTE SUB (ALSO P6) (PLATS)
  • Architectural Style: Bungalow
  • Waterfront: No
  • Zoning Description: Multi-Family
Building Information
  • Residences: 2
  • Year Built: 1958
  • Lot Size: 0.16 AC / 6,969 SF
Summary
Location and General Information
  • Directions: South on Alter Rd from Jefferson
  • Latitude: 42.367964
  • Longitude: -82.934648
  • Cross Street: S of Jefferson/E of Alter Rd
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I062652S
  • Tax Amount Summer: $1,227.00
  • Tax Amount Winter: $143.00
  • Tax Annual Amount: $1,370.00
  • Tax Assessed Value: $15,084.00
  • Tax Legal Description: E-ALTER 127 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135
School Information
  • High School District: Detroit
Parking
  • Parking Total: 2.0
  • Parking Features: Garage
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 50.00X135.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 50
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 17900.0
  • Living Area: 1765.0
  • Building Area Total: 1765.0
  • Above Grade Finished Area: 1765.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1000.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1958
Building Features
  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Basement, Block
  • Levels: One And One Half
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer, Sewer At Street
  • Utilities: Cable Available, Water Available
  • Water Source: Public, Waterat Street
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Gas Water Heater
  • Basement: Common, Interior Entry, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
  • UnitOneBedNumberOf: 1
  • UnitTwoBedNumberOf: 1
Exterior Features
  • Exterior Features: Lighting, Private Entrance
  • Fencing: Fenced
  • Patio And Porch Features: Enclosed, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 1
  • Number of Units Total: 2
  • Unit Records: 2
Income & Expenses
  • Gross Scheduled Income: $19,200.00
  • Net Operating Income: $16,200.00
Unit Information
Unit 1
  • Actual Rent: $800.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 765.0
  • Type: One Bedroom
  • Total Units: 1.0
Unit 2
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 1000.0
  • Type: Two Bedroom
  • Total Units: 1.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,600.00
  • Existing Lease: Yes
  • Pets Allowed: Yes
  • Rent Includes: Heat

Property History for 460-462 Alter Road

DateEvent & SourcePriceAppreciation
Nov 15, 2019

Sold

Realcomp #219088289

$125,000
Nov 15, 2019

Sold

Realcomp #219091194

$125,000
Nov 15, 2019

Sold

MiRealSource #21652399

$125,000
DateEvent & SourcePrice
11/15/2019

Sold

Realcomp #219088289

$125,000
11/15/2019

Sold

Realcomp #219091194

$125,000
11/15/2019

Sold

MiRealSource #21652399

$125,000

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

Schools near 460-462 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: 460-462 Alter Road, Detroit, MI 48215
$125,000
3
1,765
6,969
$200,000
3
1,765
6,250
$175,000
3
1,538
6,969
$136,000
3
1,277
6,534
1
1,138
6,970
$121,900
3
1,641
6,750

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 Hawkins Realty Group, Inc

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 09/15/2023 04:45 AM PST