$1,009 Closing Credit¹
#20250002758, Dior James, Listing Office: EXP Realty Main
$85,000 List price
5550 Alter Rd Detroit, MI 48224
$1,009
Closing credit¹
3 beds
1 full, 1 partial
0.1 acres
House
Property details
About 5550 Alter Rd
INVESTMENT OPPORTUNITY: Vacant brick home in attractive neighborhood. Home requires minor turn.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.11 Acres
Year built1951
MLS #81025005040
Summary
- MLS Number: 81025005040
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Kristian Freiwald
- Office Phone: (313) 626-5996
- Listing Agent: Kristian Freiwald
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: 3/14/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$85,000
5550 Alter Rd
$1,009
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 14, 2023 | Home Sold | $99,000 |
| Jun 08, 2022 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $24,000 | $897 |
| 2023 | $18,900 | $897 |
| 2022 | $19,200 | $1,301 |
| 2021 | $15,400 | $1,301 |
| 2020 | $14,200 | $852 |
| 2018 | $11,400 | $852 |
| 2017 | $10,500 | $850 |
History based on county public records data.
Nearby schools
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
1.0 mi
•9740 McKinney St
1
Wayne Elementary School
Public District PK-5
1.0 mi
•10633 Courville St
6
George Defer Elementary School
Public District KG-5
1.6 mi
•15425 Kercheval Ave
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 $19,038. Residents of Detroit, MI typically earn less than $<35k each year. 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?
81%
<35k
19%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
55%
Single, No Kids
30%
Single, with Kids
11%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5550 Alter Rd
This home is located at 5550 Alter Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $85,000.
In February 2025 more than 68 listings in Detroit, MI were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 203 were sold below. The number of listings in Detroit, MI increased by 7% between January and February 2025. The median list price of listings available in February 2025 was $88,760, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.