OFF MARKET

Off market mar 2022 for $129K

—

•

2,176

sq ft

240-242 Alter Rd, Detroit, MI 48215

About this home

Excellent investment opportunity South of Jefferson in the rapidly appreciating Jefferson Chalmers neighborhood! Rare 2 unit townhouse style building with both with separate tax lots and meters! 3 bedroom townhouses with 1 full bath, 1 half bath, private basements, separate entrances, separate gas, electric, and water meter for each townhouse allowing a tenant to be responsible for 100% of utilities! Excellent layout and large bedrooms. Beautiful original hardwood floors throughout ready to be refinished. Priced attractively to accommodate the need for a new roof and other improvements/ TLC. Sold "As is". Located steps from Coriander Kitchen & Farm- Detroit's hottest restaurant, Detroit River Sports, and Grosse Pointe Park.

Multi-familyProperty Type

1946Year Built

3,485 sq ftLot Size

$59Price/Sq.Ft.

Listed by James Saros • Jim Saros Real Estate Services

Bought with Ryan Berns • LPS

Bought with James Saros • Jim Saros Real Estate Services

Redfin checked: a minute ago

•Source:Greater Lansing AoR #40249440

Listing provided courtesy of Greater Lansing AoR

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 48215, MI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.3%

0.2% MoM

Median sale price

$185K

$5K MoM

Avg. days on market

101d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 19 HRS AGO
$229,900
3 beds2 baths1,620 sq ft
825 Algonquin St, Detroit, MI 48215
COMING SOON
$199,000
3 beds2 baths2,503 sq ft
664 Marlborough St, Detroit, MI 48215 3262
(248) 733-5811
$174,900
3 beds2 baths1,728 sq ft
873 Algonquin St, Detroit, MI 48215
$1,890,900
65 beds26 baths24,912 sq ft
326 Eastlawn St, Detroit, MI 48215
$105,000
4 beds2 baths1,594 sq ft
4866 Chalmers St, Detroit, MI 48215
$19,900
4 beds2 baths1,470 sq ft
942 Tennessee St, Detroit, MI 48215
$87,000
6 beds2 baths2,360 sq ft
1350 Drexel St, Detroit, MI 48215
$85,900
5 beds2 baths1,324 sq ft
2569 Alter Rd, Detroit, MI 48215
$309,000
4 beds2.5 baths2,766 sq ft
3008 Marlborough St, Detroit, MI 48215
OPEN TODAY, 12PM TO 1PM
$125,000
4 beds2 baths1,328 sq ft
572 Tennessee St, Detroit, MI 48215
See all

Provided by Redfin

Sale history for 240-242 Alter Rd

Date

Event

Price

Avail #1

Apr 27, 2024

Rental Removed

—

Apr 9, 2024

Listed for Rent

—

Mar 14, 2024

Rental Removed

—

Feb 21, 2024

Listed for Rent

—

Feb 13, 2024

Rental Removed

—

Dec 31, 2023

Listed for Rent

—

Dec 25, 2023

Rental Removed

—

Dec 5, 2023

Listed for Rent

—

REALCOMP #2210089454

Mar 17, 2022

Sold

$129,000

$59/sq ft

Nov 9, 2021

Pending

—

Oct 28, 2021

Listed

$138,500

$64/sq ft

Oct 26, 2021

Coming Soon

$138,500

$64/sq ft

Greater Lansing AoR #40249440

Mar 17, 2022

Sold

$129,000

$59/sq ft

Dec 31, 2021

Pending

—

Dec 23, 2021

Listing Removed

—

Nov 9, 2021

Pending

—

Oct 28, 2021

Listed

$138,500

$64/sq ft

Oct 26, 2021

Coming Soon

$138,500

$64/sq ft

Oct 26, 2021

Listed

$138,500

$64/sq ft

Tax history for 240-242 Alter Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

25 ft.

Lot depth

135 ft.

Lot size

3,485 Sq. Ft.

Year renovated

—

Sq. Ft.

1,088

Year built

1946

Style

Townhouse

County

Wayne County

APN

21062619.002L

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 24, 2026.

Two-Family Residential District

The R2 Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings. The district regulations are designed to promote a suitable environment for homes and for activities connected with family life. The only principal uses permitted by right are single- and two-family dwellings. Additional uses are conditional.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units

Property details

Interior

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Appliances: Gas Water Heater

Room Information
Has Basement

Exterior

Building Information
Above Grade Finished Area: 2,176
# of Stories Total: 2
Construction Materials: Brick

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi-Family

Lot Information
Frontage Length: 35
Road Surface Type: Paved
Lot Size : 25.00X135.00
Lot Size Acres: 0.08
Zoning Description: Multi-Family

Financial

Tax Information
Tax Annual Amount: $1,012

Utilities

Utility Information
Utilities: Natural Gas Available, Sewer Available

Location

Schools Information
School District: Detroit City School District

Location Information
Directions: Take jefferson to alter and turn right.
Subdivision Name: WINDMILL POINTE SUB (ALSO P6) (PLATS)
Cross Street: S of Jefferson/E of Alter

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,088
Stories: 2.0
Lot Size: 3,485 square feet
Style: Townhouse
Year Built: 1946
Year Renovated: —
County: Wayne County
APN: 21062619.002L

Home facts updated by county records on Oct 24, 2026

Other

Listing Information
List AOR: RealComp

Around this home

Schools

K - 12
Preschool & daycare

Carstens Elementary-Middle School

Public PreK-8 • Assigned • 0.8mi

4/10

East English Village Preparatory Academy

Public 9-12 • Assigned • 3.1mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 27-37% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Detroit, MI • 48215

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 2.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

2.4 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Detroit. 3 minutes to get started.

Nearby similar homes

$48,000

4 beds2 baths2,384 sq ft

4031 Garland St, Detroit, MI 48214

East-side location • 3,049 sq ft lot • Built 1917

NEW 19 HRS AGO

$46,500

4 beds2 baths1,920 sq ft

3506 Haverhill St, Detroit, MI 48224

4,792 sq ft lot • Built 1925

$9,900

4 beds2 baths2,032 sq ft

14223 Glenwood St, Detroit, MI 48205

3,920 sq ft lot • Built 1926 • Listed 58 days

NEW 19 HRS AGO

$38,900

4 beds2 baths2,229 sq ft

5919 Yorkshire Rd, Detroit, MI 48224

2 family flat • Solid bones • Full renovation

FOR SALE BY OWNER

$52,600

5 beds3 baths3,062 sq ft

5125 Rohns St, Detroit, MI 48213

Room to build • Huge backyard • Heavy renovation

$99,900

Land— sq ft

1937 Hubbard St, Detroit, MI 48209

Buildable lot • Zoned residential

New listings for sale in 48215

NEW 19 HRS AGO3D WALKTHROUGH

$229,900

3 beds2 baths1,620 sq ft

825 Algonquin St, Detroit, MI 48215

New windows • New furnace • Central air

COMING SOON3D WALKTHROUGH

$199,000

3 beds2 baths2,503 sq ft

664 Marlborough St, Detroit, MI 48215 3262

Brick colonial • Updated kitchen • Breakfast nook

(248) 733-5811

$174,900

3 beds2 baths1,728 sq ft

873 Algonquin St, Detroit, MI 48215

Covered front porch • Hardwood floors • Granite countertops

$1,890,900

65 beds26 baths24,912 sq ft

326 Eastlawn St, Detroit, MI 48215

2.2 acre lot • Garage • Built 1913

$105,000

4 beds2 baths1,594 sq ft

4866 Chalmers St, Detroit, MI 48215

Updated flooring • Updated kitchen • Updated baths

$19,900

4 beds2 baths1,470 sq ft

942 Tennessee St, Detroit, MI 48215

6,098 sq ft lot • 2 garage spots • Built 2000

$87,000

6 beds2 baths2,360 sq ft

1350 Drexel St, Detroit, MI 48215

Detroit duplex • Two family property • Vacant upper unit

$85,900

5 beds2 baths1,324 sq ft

2569 Alter Rd, Detroit, MI 48215

2,614 sq ft lot • Built 1924 • Listed 4 days

$309,000

4 beds2.5 baths2,766 sq ft

3008 Marlborough St, Detroit, MI 48215

3,485 sq ft lot • 2 garage spots • Built 2004

Home values near 240-242 Alter Rd

Data from public records.

Address	Redfin Estimate
254 Alter Road, Detroit, MI - Beds \| - Baths \| - Sq. Ft.	$224,567
260 Alter Road, Detroit, MI - Beds \| 1 Baths \| 1088 Sq. Ft.	$97,467
240 Alter Road, Detroit, MI - Beds \| 1 Baths \| 1088 Sq. Ft.	$128,609
264 Alter Road, Detroit, MI 3 Beds \| 1.5 Baths \| 1100 Sq. Ft.	$143,108
535 Barrington Road, Grosse Pointe Park, MI 4 Beds \| 1.5 Baths \| 1364 Sq. Ft.	$356,963
541 Barrington Road, Grosse Pointe Park, MI 3 Beds \| 2.5 Baths \| 2248 Sq. Ft.	$459,467
559 Barrington Road, Grosse Pointe Park, MI - Beds \| 1.5 Baths \| 1674 Sq. Ft.	$318,844

Address	Redfin Estimate
250 Alter Road, Detroit, MI 2 Beds \| 1 Baths \| 1970 Sq. Ft.	—
220 Alter Road, Detroit, MI - Beds \| 1 Baths \| 1484 Sq. Ft.	$160,961
212 Alter Road, Detroit, MI 3 Beds \| 1.5 Baths \| 1722 Sq. Ft.	$225,915
226 Alter Road, Detroit, MI 6 Beds \| 3 Baths \| 2218 Sq. Ft.	$156,279
565 Barrington Road, Grosse Pointe Park, MI - Beds \| 1.5 Baths \| 1733 Sq. Ft.	$422,482
238 Ashland Street #236, Detroit, MI - Beds \| 1 Baths \| 1020 Sq. Ft.	$99,796
555 Barrington Road, Grosse Pointe Park, MI 3 Beds \| 2.5 Baths \| 3408 Sq. Ft.	$447,174

Address	Redfin Estimate
262 Alter Road, Detroit, MI 3 Beds \| 1.5 Baths \| 1088 Sq. Ft.	$172,556
224 Alter Road, Detroit, MI - Beds \| 1 Baths \| 1109 Sq. Ft.	$158,294
234 Alter Road, Detroit, MI - Beds \| 1.5 Baths \| 1619 Sq. Ft.	$132,988
254 Alter Road, Detroit, MI - Beds \| - Baths \| - Sq. Ft.	$197,597
547 Barrington Road, Grosse Pointe Park, MI - Beds \| 2 Baths \| 1521 Sq. Ft.	$383,519
240 Ashland Street, Detroit, MI - Beds \| 2 Baths \| 2062 Sq. Ft.	$148,663
529 Barrington Road, Grosse Pointe Park, MI 4 Beds \| 2.5 Baths \| 3413 Sq. Ft.	$571,480

Property information provided by undefined .

More real estate resources

Neighborhoods
Cities
Zip Codes
Minor Civil Divisions
Popular Searches

Jefferson East homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

48219 homes for sale
48235 homes for sale
48124 homes for sale
48221 homes for sale
48224 homes for sale

Houses for rent in Detroit	Agents near me	Livonia, MI homes for sale	Detroit Housing Market
Houses for sale near me	Detroit, MI homes for sale	Royal Oak, MI homes for sale
Land for sale near me	Ann Arbor, MI homes for sale	Novi, MI homes for sale
Open Houses near me	Grand Rapids, MI homes for sale	Detroit Property Records
Condos for sale near me	Troy, MI homes for sale	MI New Listings

Farmington Hills homes for sale
Royal Oak homes for sale
Troy homes for sale