$2,244 Closing Credit¹
#20240040855, Benjamin Ness, Alex Lauer, Listing Office: Clyde Realty LLC
$249,500 List price
896 Alter Rd Detroit, MI 48215
$2,963
Closing credit¹
4 full
3,308 sqft
0.2 acres
$75 / sqft
Multi-Family
Property details
About 896 Alter Rd
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.
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size3,308 sqft
BasementYes
Lot size0.16 Acres
Year built1922
ParkingTwo Car Garage
MLS #20250025095
Garage2 spaces
Summary
- MLS Number: 20250025095
- MLS Name: Realcomp II Ltd
- Office Name: Detroit Progress Realty LLC
- Office Phone: (313) 888-6060
- Listing Agent: David Dawood
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: 4/18/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$249,500
896 Alter Rd
$2,963
closing credit¹
Sell your home with Rocket and save even more!
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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 | $79,400 | $1,508 |
| 2023 | $60,000 | $1,508 |
| 2022 | $42,000 | $1,508 |
| 2021 | $33,200 | $1,508 |
| 2020 | $28,400 | $1,528 |
| 2018 | $22,000 | $1,528 |
| 2017 | $22,600 | $1,520 |
History based on county public records data.
Nearby schools
6
George Defer Elementary School
Public District KG-5
0.6 mi
•15425 Kercheval Ave
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
2.8 mi
•9740 McKinney St
1
Wayne Elementary School
Public District PK-5
3.0 mi
•10633 Courville 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 $29,400. The majority of Detroit, MI residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
57%
<35k
36%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
21%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Music Concerts
Where do the neighbors shop?
Banana Republic
IKEA
H&M
Where do the neighbors go to eat?
Jack In The Box
Quiznos
Chipotle
What do the neighbors drive?
Toyota
Lexus
Volkswagen
What do the neighbors listen to?
Jazz
Soft Adult Contemporary- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 896 Alter Rd in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 3,308 square foot home, which was built in 1922, sits on a 0.16 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $249,500.
While more than 91 listings in Detroit, MI in March 2025 were sold above asking price, there were more than 81 listings sold at asking price, and more than 203 were sold below. In March 2025 in Detroit, MI there were 14.9% more homes for sale than in February. In March 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $89,542.
From Rocket Homes Real Estate and based on county public records data.