Last Sold Price
4 beds3,308 sqft$65/sqft
896 Alter Road, Detroit, MI 48215

Description

Nestled in Detroit's tranquil Jefferson Chalmers neighborhood near Grosse Pointe Park, this well-maintained four-unit multifamily property offers an excellent investment opportunity. Each of the four units features a living room, kitchen, dining area, one bedroom, and one bathroom, providing comfortable living spaces for residents. The Jefferson Chalmers area is known for its family-friendly atmosphere and proximity to shops and restaurants, offering a vibrant community for residents. The location...Nestled in Detroit's tranquil Jefferson Chalmers neighborhood near Grosse Pointe Park, this well-maintained four-unit multifamily property offers an excellent investment opportunity. Each of the four units features a living room, kitchen, dining area, one bedroom, and one bathroom, providing comfortable living spaces for residents. The Jefferson Chalmers area is known for its family-friendly atmosphere and proximity to shops and restaurants, offering a vibrant community for residents. The location also provides a short commute to downtown Detroit, enhancing its appeal to potential tenants. This property stands as a solid investment in a developing neighborhood, offering both immediate rental income and long-term growth potential.
LISTING CLOSED: 05/22/2025 12:00 AM

  1. Listed by David Dawood • Brokerage DRE #6505425563 • Detroit Progress Realty LLC
    P: (248) 722-7555 C: (248) 722-7555 davidsdawood@gmail.com

Property Details for 896 Alter Road

Status
MLS #
20250025095
Days on Market
10
Taxes
$1,645 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1922
Lot Size
0.16 AC / 6,969 SF
Subdivision Name
WINDMILL POINTE SUB (ALSO P6) (PLATS)
Architectural Style
Colonial
Waterfront
No
Zoning Description
Multi Family, Residential
Senior Community
No

Location

Listing Courtesy of Detroit Progress Realty LLC

Sold By Town & Country Realty-Lexington

Add your commute

Building Information for 896 Alter Road

Stories-Residences4Year Built1922Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$1,230 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,093

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 896 Alter Road

Summary
Location and General Information
  • Directions: Heading south on Alter, after you pass Jefferson,
  • Latitude: 42.3738515
  • Longitude: -82.93846122
  • Cross Street: Alter and Jefferson Ave
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I062693S
  • Tax Amount Summer: $1,497.00
  • Tax Amount Winter: $148.00
  • Tax Annual Amount: $1,645.00
  • Tax Assessed Value: $16,554.00
  • Tax Legal Description: E ALTER 169 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135
  • Tax Other Annual Assessment Amount: $250.00
School Information
  • High School District: Detroit
Parking
  • Garage Spaces: 2.0
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Two Car Garage
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 50.00 x 135.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 50
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 79400.0
  • Living Area: 3308.0
  • Building Area Total: 3308.0
  • Above Grade Finished Area: 3308.0
  • Below Grade Total Area: 1556.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1922
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • 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: 4.0
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Has Cooling: No
  • Fireplace: No
  • Heating: Hot Water, Natural Gas
  • Has Heating: Yes
  • UnitOneBedNumberOf: 4
Multi Family
Multi Family Information
  • Number of Units Leased: 1
  • Number of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $48,000.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,000.00
  • Existing Lease: Yes
  • Pets Allowed: Call, Yes
  • Rent Spree: No

Property History for 896 Alter Road

DateEvent & SourcePriceAppreciation
Jun 2, 2025

Sold (Public Record)

Public Record #1902953700

$215,000

+20.4% / yr

May 22, 2025

Sold

Realcomp #20250025095

$215,000
May 22, 2025

Sold

MiRealSource #60383448

$215,000
DateEvent & SourcePrice
06/02/2025

Sold (Public Record)

Public Record #1902953700

$215,000

+20.4% / yr

05/22/2025

Sold

Realcomp #20250025095

$215,000
05/22/2025

Sold

MiRealSource #60383448

$215,000

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

Public Records for 896 Alter Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,517 ($126 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt6,616 SqFtAbove Grade Finished SqFt6,616 SqFtUnfinished Basement SqFt1,556 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1922Year Renovated1922ZoningR2CountyWAYNEAPN21062693.

Schools near 896 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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Listing Courtesy of Detroit Progress Realty LLC

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