Last Sold Price
3 beds1,182 sqft$42/sqft
5536 Alter Road, Detroit, MI 48224

Description

Great investment opportunity! This 3 bed bungalow features a spacious living room with fireplace, large dining room, kitchen with additional dining space, 2 great sized bedrooms on the main level, 1st-floor full bath, HUGE 3rd bedroom upstairs, full basement 1/2 bath and additional space to entertain, and fenced backyard! Minutes from parks, shopping, freeway access you'll have a ton of tenant interest!Great investment opportunity! This 3 bed bungalow features a spacious living room with fireplace, large dining room, kitchen with additional dining space, 2 great sized bedrooms on the main level, 1st-floor full bath, HUGE 3rd bedroom upstairs, full basement 1/2 bath and additional space to entertain, and fenced backyard! Minutes from parks, shopping, freeway access you'll have a ton of tenant interest!
LISTING CLOSED: 10/19/2021 12:00 AM

  1. Listed by Aaron Wright • Brokerage DRE #6505393500 • Realteam Real Estate
    P: (586) 457-0416 aaron@mirealteam.com
  2. Listed by Andrea Ramirez • Brokerage DRE #6505393500 • Realteam Real Estate
    P: (248) 390-5631 andrea@mirealteam.com

Property Details for 5536 Alter Road

Status
MLS #
58050029990
Days on Market
76
Taxes
$1,560 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1937
Lot Size
0.11 AC / 4,791 SF
Subdivision Name
Wallace Frank B Alter Road Gardens
Architectural Style
Bungalow
Waterfront
No
Zoning Description
Residential

Location

Listing Courtesy of Realteam Real Estate

Sold By Realteam Real Estate

Add your commute

Building Information for 5536 Alter Road

Stories-Year Built1937Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$384 per month

30 year fixed, 6.55% Interest

Principal and Interest

$254

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5536 Alter Road

Summary
Location and General Information
  • Latitude: 42.40091
  • Longitude: -82.956866
  • Cross Street: Chandler Park Blvd / Chalmers
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I062960S
  • Tax Amount Summer: $1,560.00
  • Tax Annual Amount: $1,560.00
  • Tax Legal Description: E ALTER 69 FRANK B WALLACE ALTER RD GARDENS A SUB L41 P10 PLATS, W C R 21/602 40 X 115.52A
  • Tax Year: 2020
  • Association: No
School Information
  • High School District: Detroit
Parking
  • Garage: No
  • Parking Features: Paved
Property
Lot Information
  • Frontage Length: 40.0
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 40x114
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 1182.0
  • Building Area Total: 2276.0
  • Building Area Source: Public Records
  • Above Grade Finished Area: 1182.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1094.0
  • Class Name: Residential
  • Year Built: 1937
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement
  • Levels: One And One Half
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 1.0
  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Cooling: Ceiling Fans
  • Has Cooling: Yes
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: In Basement
  • Rooms Total: 6
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Pool Private: No
Room Information
Room 1
  • Room Dimensions: 12x26
  • Room Length: 11.0
  • Room Width: 11.0
  • Room Level: Upper
  • Room Type: Bedroom 3
Room 2
  • Room Dimensions: 12x13
  • Room Length: 12.0
  • Room Width: 26.0
  • Room Level: Upper
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 12x15
  • Room Length: 11.0
  • Room Width: 13.0
  • Room Level: Entry
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 11x11
  • Room Length: 12.0
  • Room Width: 15.0
  • Room Level: Entry
  • Room Type: Bedroom 2
Room 5
  • Room Dimensions: 11x13
  • Room Length: 13.0
  • Room Width: 18.0
  • Room Level: Entry
  • Room Type: Bedroom 1
Room 6
  • Room Dimensions: 13x18
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Level: Entry
  • Room Type: Living Room
Room 7
  • Room Level: Entry
  • Room Type: Bath Full
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 5536 Alter Road

DateEvent & SourcePriceAppreciation
Oct 19, 2021

Sold (Public Record)

Public Record #1477460766

$50,000

+37.7% / yr

Oct 19, 2021

Sold

Realcomp #58050029990

$50,000
Oct 19, 2021

Sold

MiRealSource #50029990

$50,000
DateEvent & SourcePrice
10/19/2021

Sold (Public Record)

Public Record #1477460766

$50,000

+37.7% / yr

10/19/2021

Sold

Realcomp #58050029990

$50,000
10/19/2021

Sold

MiRealSource #50029990

$50,000

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

Public Records for 5536 Alter Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,281 ($190 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1937ZoningR1CountyWAYNEAPN21062960.Fireplace TypeHas Fireplace

Schools near 5536 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: 5536 Alter Road, Detroit, MI 48224
$50,000
3
1,182
4,791
$61,000
5
2,512
4,791
$100,000
1
1,335
4,792
$63,000
3
1,064
4,791
$75,000
3
4,792
1.5
1,435
4,792

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 Realteam 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 12:50 PM PST