$3,563 Closing Credit¹
#81025000183, Jennifer Lasco, Justin Hardy, Listing Office: Lasco Real Estate Group
$350,000 List price
514 Alger St Detroit, MI 48202
$4,156
Closing credit¹
12 full
9,737 sqft
0.2 acres
$36 / sqft
Multi-Family
Property details
About 514 Alger St
Redevelopment opportunity. 12-unit building in North End neighborhood. Zoned R-3. Appealing brick exterior, ample parking capacity assuming option to purchase adjacent 522 Alger, which is DLBA owned. Many newer windows. Interior is demo-ed to the studs. Neighborhood includes a mix of newer (constructed in early 2000s) single family homes and historic structures. May be eligible for PILOT Fast Track abatement. Liability waiver required for access.
Highlights
Home typeMulti Family
StatusActive
Size9,737 sqft
BasementYes
Lot size0.16 Acres
Year built1920
MLS #20250019828
Summary
- MLS Number: 20250019828
- MLS Name: Realcomp II Ltd
- Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
- Office Phone: (313) 658-6400
- Listing Agent: Susan M Leithauser Yee
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
514 Alger St
$4,156
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $219,700 | $3,923 |
| 2023 | $186,500 | $3,923 |
| 2022 | $164,400 | $2,446 |
| 2021 | $110,500 | $2,446 |
| 2020 | $86,800 | $3,092 |
| 2018 | $47,000 | $3,092 |
| 2017 | $40,500 | $3,073 |
History based on county public records data.
Nearby schools
2
University Preparatory Art Design Elementary School
Public Charter KG-5
1.1 mi
•10225 3rd St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.1 mi
•435 Amsterdam St
2
Dickinson West Elementary School
Public District KG-6
1.3 mi
•2333 Burger St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,902. The majority of Detroit, MI residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
61%
<35k
36%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
59%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Where do the neighbors shop?
Burlington
H&M
Where do the neighbors go to eat?
White Castle
Boston Market
What do the neighbors drive?
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 514 Alger St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 9,737 square foot home, which was built in 1920, sits on a 0.16 acre lot. Features: 12 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $350,000.
Over 91 listings were sold over their listed price in March 2025 in Detroit, MI. In the same period over 203 listings were sold below the listed price and 81 listings were sold for the listed price. In March 2025 in Detroit, MI there were 14.9% more homes for sale than in February. The median list price of listings available in March 2025 was $89,542, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.