Sold
Last Sold Price
3 beds1,400 sqft
4638 Alter Road, Detroit, MI 48215
Multi FamilyProperty Type
$8/sq ftPrice per sq ft
1 carParking Spaces

Description

Ideal for investor looking for low cost 2family rental property, or as use by one familyneeding space at an affordable price. Possibleland contract buy-out terms.Ideal for investor looking for low cost 2family rental property, or as use by one familyneeding space at an affordable price. Possibleland contract buy-out terms.
  • Listed by: Richard Schwanitz 586.744.5377 schwr3@mirealsource.com • Villa Real Estate
Listing closed: 05/12/1998 12:00 AM • Source: Realcomp, MLS#: 58000010874

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Recent comparable sales

Median sold price

$124,999

Avg days on market

51

Sale-to-list ratio

81.2%

Detroit, MI

9 comparable properties found

$80,000 | 5209 Chatsworth Street, Detroit, MI 48224
1/4
1

$80,000

Sold 12/20/24

3
Bedrooms
1,500
Square Feet
0.11
Acres
$129,000 | 5074 Chalmers Street, Detroit, MI 48224
1/27
2

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Sold 12/31/25

3
Bedrooms
1,912
Square Feet
0.1
Acres
$40,000 | 5267 Maryland Street, Detroit, MI 48224
1/33
3

$40,000

Sold 06/19/26

3
Bedrooms
1,251
Square Feet
0.1
Acres
$124,999 | 5567 Beaconsfield Street, Detroit, MI 48224
1/20
4

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Sold 01/31/25

3
Bedrooms
1,508
Square Feet
0.11
Acres
$125,870 | 4651 Berkshire Street, Detroit, MI 48224
1/37
5

$125,870

Sold 02/04/26

3
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1,230
Square Feet
0.1
Acres
$57,000 | 5561 Balfour Road, Detroit, MI 48224
1/15
6

$57,000

Sold 05/30/25

3
Bedrooms
1,484
Square Feet
0.13
Acres
$169,000 | 4100 Buckingham, Detroit, MI 48224
1/35
7

$169,000

Sold 10/17/24

3
Bedrooms
1,244
Square Feet
0.11
Acres
$10,000 | 5226 Coplin Street, Detroit, MI 48213
1/24
8

$10,000

Sold 09/08/26

4
Bedrooms
1,537
Square Feet
0.09
Acres
$185,000 | 4394 Devonshire Road, Detroit, MI 48224
1/2
9

$185,000

Sold 07/27/26

3
Bedrooms
1,470
Square Feet
0.11
Acres

Location

Listing Courtesy of Villa Real Estate

Sold By Villa Real Estate

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$103 per month

30 year fixed, 7.03% Interest

Principal and Interest

$59

Property Taxes

$44

HOA Dues

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Property Information for 4638 Alter Road

Property Details
  • Taxes: $526 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Waterfront: No
Building Information
  • Residences: 2
Summary
Location and General Information
  • Directions: ON ALTER RD. BETWEEN E. WARREN AND MACK
  • Latitude: 42.394467
  • Longitude: -82.952185
  • Cross Street: S. OF LAKEPOINTE / W. OF MACK
  • MLS Area Major: Area05055Det Con Mors Grat Hstn7Mack
Taxes and HOA
  • Parcel Number: W21I062892S
  • Tax Amount Summer: $426.00
  • Tax Amount Winter: $100.00
  • Tax Annual Amount: $526.00
  • Tax Legal Description: LOT 24 PLEASANT HOMES SUB. L.21 P.443
School Information
  • High School District: Detroit
Parking
  • Garage Spaces: 1.5
  • Parking Features: Oneand Half Car Garage
Property
Property and Assessments
  • State Equalized Value: 6450.0
  • Living Area: 1400.0
  • Above Grade Finished Area: 1400.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
Building Features
  • Foundation Details: Basement
  • Levels: One
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Has Cooling: No
  • Fireplace: No
  • Heating: Gravity
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number of Units Total: 2
  • Unit Records: 2
Income & Expenses
  • Net Operating Income: $525.00
Unit Information
Unit 1
  • Type: Unknown Data Share
Unit 2
  • Type: Unknown Data Share
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 4638 Alter Road

DateEvent & SourcePriceAppreciation
May 12, 1998

Sold

Realcomp #58000010874

$11,000—
Nov 5, 1997

Contract Signed

Realcomp #58000010874

—
Aug 4, 1997

Listed (Active)

Realcomp #58000010874

$19,900—
DateEvent & SourcePrice
05/12/1998

Sold

Realcomp #58000010874

$11,000
11/05/1997

Contract Signed

Realcomp #58000010874

—
08/04/1997

Listed (Active)

Realcomp #58000010874

$19,900

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

Public Records for 4638 Alter Road

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Total Finished SqFt1,372 SqFtAbove Grade Finished SqFt1,372 SqFtStories2Lot Size3,485 SqFtStyleResidentialYear Built1926Year Renovated1926ZoningR2CountyWAYNEAPN21062892.

Schools near 4638 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

Brown Ronald Academy
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: 4638 Alter Road, Detroit, MI 48215
$11,000
3
1,400
–
$30,000
3
1,200
3,920
$1,772
–
1
1,090
5,227
$15,000
3
1,200
3,500
–
–
–
–
3,485
$30,000
–
–
–
3,485

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 Villa Real Estate

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 10/01/2023 08:53 PM PST