648 Alter Road
Detroit, Michigan 48215
3
Bed
2
Bath
2,988Sqft
0.16Acre(Lot)
Great Investment Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this versatile multi-unit property offers strong income potential in a rapidly appreciating area. Perfect for an owner-occupant looking to offset their mortgage or an investor seeking immediate rental income. The lower unit is owner occupied and could command approximately $1,700 per month in rent, while the upper unit is currently leased through October 1, 2026, and rents for approximately $800 per month. Separate living spaces provide flexibility to rent both units or live in one and lease the other. Features include a spacious lot, detached two-car garage, basement storage, and a highly desirable location near waterfront parks,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Porches: PorchInterior Features
Basement Description: Unfinished -
Heating & Cooling
Cooling: Central Air Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1959 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Upper/Lower Apartment -
Exterior Features
Construction: Brick,Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.16 Lot Dimensions: 50X135 Frontage Feet: 50 -
Property Information
SQ ft: 2988 Subdivision: Windmill Pointe Sub Also P6 Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $239,900 -
Listing Information
Possession: At Close Legal Description: E ALTER 149 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135. NEZ HOMESTEAD CERT #NH2010-0377 RELATED PARCEL #27100377.
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Tax Information
Annual Tax: $125 Parcel Number: W21I062674SPossession
At CloseLegal Information
Legal Description: Section: E ALTER 149 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135. NEZ HOMESTEAD CERT #NH2010-0377 RELATED PARCEL #27100377.
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Unit 1 Information
# of Bedrooms: 1 -
Unit 2 Information
# of Bedrooms: 1
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 580 Alter Road , Detroit, MI, 48215 | $350,000 | 3 | 2 | 1,878 | 1,878 SqFt |
| 483 Philip Street , Detroit, MI, 48215 | $175,000 | 4 | 2 | 2,276 | 2,276 SqFt |
| 368 Piper Boulevard , Detroit, MI, 48215 | $269,900 | 6 | 2 | 2,296 | 2,296 SqFt |
| 14536 E Jefferson Avenu.., Detroit, MI, 48215 | $570,000 | 4 | 2.5 | 5,582 | 5,582 SqFt |
| 2580 Alter Road , Detroit, MI, 48215 | $125,000 | 4 | 2 | 1,924 | 1,924 SqFt |
| 2575 Ashland Street , Detroit, MI, 48215 | $19,000 | 4 | 2 | 2,151 | 2,151 SqFt |
| 471 Kitchener Street , Detroit, MI, 48215 | $129,900 | 4 | 2 | 1,848 | 1,848 SqFt |
| 926 Navahoe Street , Detroit, MI, 48215 | $19,900 | 4 | 2 | 2,016 | 2,016 SqFt |
| 3023 Gray Street , Detroit, MI, 48215 | $189,900 | 4 | 2 | 2,054 | 2,054 SqFt |
| 3417 Gray Street , Detroit, MI, 48215 | $22,500 | 4 | 2.5 | 2,500 | 2,500 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/23/2026 @ 02:35
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