864 Alter Road

Detroit, MI 48215

$158,500
Last Sold Price
6
Beds
2,912 Sq. Ft.
$54 / Sq. Ft.
2,912
Sq. Ft.
$54
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 5/16/23
Sold 5/16/23

Description

Classic brick two-family home in the up-and-coming Jefferson Chalmers neighborhood. Great condition, 3 bedroom/1 bathroom upper and lower units. Large, clean basement. Short commute downtown. Steps away from the shops and restaurants of Jefferson Chalmers or Grosse Pointe Park. Great opportunity for an investment property. Family neighborhood. This gem just needs a little polish.Classic brick two-family home in the up-and-coming Jefferson Chalmers neighborhood. Great condition, 3 bedroom/1 bathroom upper and lower units. Large, clean basement. Short commute downtown. Steps away from the shops and restaurants of Jefferson Chalmers or Grosse Pointe Park. Great opportunity for an investment property. Family neighborhood. This gem just needs a little polish.
  1. Listed by John W Lambrecht Jr • Brokerage DRE #6505375481 • Lambrecht Realty LLC
    P: (313)-736-4444 C: (313)-610-2710 jwl@lambrechtrealty.com

Property Details for 864 Alter Road

Subdivision Name
WINDMILL POINTE SUB (ALSO P6) (PLATS)
Architectural Style
Upper Lower Apartment
Waterfront
No
Zoning Description
Multi-Family
Senior Community
No
LISTING CLOSED: 05/16/2023 12:00 AM

Property Details for 864 Alter Road

StatusSold
MLS #20230015311
Days on Market5
Taxes$1,615 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1926
Lot Size0.19 AC / 8,276 SF
CountyWayne County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Lambrecht Realty LLC

Sold By Glass Home Realty, LLC

Add your commute

Building Information for 864 Alter Road

Stories-Residences2Year Built1926Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$940 per month

30 year fixed, 6.55% Interest

Principal and Interest

$806

Property Taxes

$135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 864 Alter Road

Summary
Location and General Information
  • Directions: South of E Jefferson, east of Ashland
  • Latitude: 42.37347126
  • Longitude: -82.93820412
  • Cross Street: E Jefferson and Fairfax
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I062690S
  • Tax Amount Summer: $1,466.00
  • Tax Amount Winter: $149.00
  • Tax Annual Amount: $1,615.00
  • Tax Assessed Value: $16,224.00
  • Tax Legal Description: E ALTER 166 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 60 X 135
  • Tax Other Annual Assessment Amount: $340.00
School Information
  • High School District: Detroit
Property
Lot Information
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Dimensions: 60.00 x 135.00
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 41500.0
  • Living Area: 2912.0
  • Building Area Total: 2912.0
  • Above Grade Finished Area: 2912.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1456.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1926
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Brick Mortar
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $36,000.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $3,000.00
  • Existing Lease: No
  • Pets Allowed: Yes
  • Rent Spree: No

Property History for 864 Alter Road

DateEvent & SourcePriceAppreciation
May 16, 2023

Sold (Public Record)

Public Record #1513916059

$136,300—
May 16, 2023

Sold

Realcomp #20230015311

$158,500—
May 16, 2023

Sold

MiRealSource #60196392

$158,500—
DateEvent & SourcePrice
05/16/2023

Sold (Public Record)

Public Record #1513916059

$136,300
05/16/2023

Sold

Realcomp #20230015311

$158,500
05/16/2023

Sold

MiRealSource #60196392

$158,500

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

Public Records for 864 Alter Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,079 ($507 / month)
Home Facts
Baths2.5Total Finished SqFt2,912 SqFtAbove Grade Finished SqFt2,912 SqFtUnfinished Basement SqFt1,456 SqFtStories2Lot Size8,276 SqFtStyleDuplexYear Built1926Year Renovated1926ZoningR2CountyWAYNEAPN21062690.

Schools near 864 Alter Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Bates Academy
Public - PK to 8
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Carstens Elementary-Middle School
Public - PK to 8
Detroit International Academy For Young Women
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Foreign Language Immersion And Cultural Studies
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.

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
854 Alter Road, Detroit, MI 48215
$175,000
–
4
3,808
0.19
874 Alter Road, Detroit, MI 48215
$120,000
–
2,862
0.16
884 Alter Road, Detroit, MI 48215
$160,000
–
2,652
0.16
840 Alter Road, Detroit, MI 48215
$100,000
–
–
–
0.19
937 Barrington Road, Grosse Pointe, MI 48230
$225,000
4
3,482
0.30

Explore Nearby Homes

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 Lambrecht Realty LLC

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 12/11/2023 05:45 PM PST