Off Market Dec 2017 for $200K

—

•

873

sq ft

4239 Alter Rd, Detroit, MI 48215

About this home

12 Studio Apartments, approx 4,200+/- SF 2-Story Brick Building located in redeveloping area surrounded by heavy new construction. Professionally managed and receiving $400/mo/unit. Currently at 83% Occupancy. Landlord Costs: $95/mo Gas & Electric, $80/mo Insurance, $300/mo Water, $1,700/yr Taxes. True 11+% ROI, with room for growth. Drive the location to witness the brand new construction development adjacent to the subject property. All appointments to be scheduled through the listing broker. All buyers must be Pre-Qualified with updated Proof of Funds or Pre-Approval Letter within 30 days of showing or offer. Minimum $10,000 EMD required. Contact listing broker direct for additional details.

Multi-familyProperty Type

1923Year Built

3,049 sq ftLot Size

$229Price/Sq.Ft.

8 spacesParking

Listed by James Bufalino • Premier Property Services LLC

Bought with Ralph Monko • City Management Group

Redfin checked: 2 minutes ago

•Source:REALCOMP #217090046

Listing provided courtesy of Realcomp MLS

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 48215, MI

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.9%

2.6% MoM

Median sale price

$225K

$65K MoM

Avg. days on market

101d

45 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SAT, 10:30AM TO 12PM
$185,000
2 beds1 bath1,756 sq ft
333 Newport St, Detroit, MI 48215 3180
(313) 858-6580
3D WALKTHROUGH
$274,900
4 beds1 bath2,598 sq ft
577 Chalmers St, Detroit, MI 48215
(313) 884-7000
$82,500
3 beds1 bath1,477 sq ft
445 Navahoe St, Detroit, MI 48215 3022
(248) 288-3500
$255,000
3 beds1.5 baths2,505 sq ft
315 Lakewood St, Detroit, MI 48215 3153
(313) 324-8430
$27,000
3 beds1.5 baths2,002 sq ft
4648 Cope St, Detroit, MI 48215 2035
(313) 877-9020
$265,000
4 beds3 baths3,641 sq ft
637 Manistique St, Detroit, MI 48215 2964
(734) 335-0603
See all

Provided by Redfin

Sale history for 4239 Alter Rd

Date

Event

Price

Greater Lansing AoR #40153441

Aug 16, 2022

Listing Removed

—

Aug 16, 2022

Listing Removed

—

Dec 31, 2021

Relisted

—

Dec 21, 2021

Listing Removed

—

Dec 21, 2021

Relisted

—

Dec 21, 2021

Listing Removed

—

Dec 6, 2021

Price Changed

$474,000

$543/sq ft

Oct 28, 2021

Price Changed

$479,000

$549/sq ft

Aug 27, 2021

Price Changed

$490,000

$561/sq ft

Jul 14, 2021

Price Changed

$504,900

$578/sq ft

Sep 10, 2019

Listed

$509,000

$583/sq ft

REALCOMP #2210017035

Aug 16, 2022

Listing Removed

—

Dec 6, 2021

Price Changed

$474,000

$543/sq ft

Oct 28, 2021

Price Changed

$479,000

$549/sq ft

Aug 27, 2021

Price Changed

$490,000

$561/sq ft

Jul 14, 2021

Price Changed

$504,900

$578/sq ft

Sep 10, 2019

Listed

$509,000

$583/sq ft

MiRealSource-MiMLS #30774539

Mar 15, 2021

Listing Removed

—

Mar 15, 2021

Listing Removed

—

Feb 16, 2021

Price Changed

$524,000

$600/sq ft

Oct 22, 2020

Price Changed

$529,000

$606/sq ft

Mar 12, 2020

Price Changed

$535,000

$613/sq ft

Jan 9, 2020

Price Changed

$537,500

$616/sq ft

Dec 4, 2019

Price Changed

$540,000

$619/sq ft

Nov 21, 2019

Price Changed

$560,000

$641/sq ft

Sep 10, 2019

Listed

$590,000

$676/sq ft

REALCOMP #219105792

Mar 15, 2021

Listing Removed

—

Feb 16, 2021

Price Changed

$524,000

$600/sq ft

Oct 22, 2020

Price Changed

$529,000

$606/sq ft

Mar 11, 2020

Price Changed

$535,000

$613/sq ft

Jan 9, 2020

Price Changed

$537,500

$616/sq ft

Dec 4, 2019

Price Changed

$540,000

$619/sq ft

Nov 20, 2019

Price Changed

$560,000

$641/sq ft

Sep 10, 2019

Listed

$590,000

$676/sq ft

MiRealSource-MiMLS #21655167

Oct 14, 2019

Listing Removed

—

Oct 14, 2019

Listing Removed

—

Sep 10, 2019

Listed

$590,000

$676/sq ft

REALCOMP #219093440

Oct 15, 2019

Listing Removed

—

Sep 10, 2019

Listed

$590,000

$676/sq ft

REALCOMP #217090046

Dec 11, 2017

Pending

—

Dec 11, 2017

Sold

$200,000

$229/sq ft

Oct 4, 2017

Listed

$199,999

$229/sq ft

Greater Lansing AoR #21376056

Dec 11, 2017

Sold

$200,000

$229/sq ft

Dec 11, 2017

Sold

$200,000

$229/sq ft

Oct 4, 2017

Listed

$199,999

$229/sq ft

Oct 4, 2017

Listed

$199,999

$229/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

40 ft.

Lot depth

106 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Wayne County

APN

W21I062860S

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 6, 2017.

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

Parking

Parking/Garage Information
# of Parking Spaces Total: 8
Parking Features: On Street, Other

Interior

Bathroom Information
# of Full Bathrooms: 12
# of Half Bathrooms: 12

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Electric, Natural Gas, Separate Meters, Wall Furnace

Room Information
Has Basement
Basement Details: Unfinished

Exterior

Exterior Features
Fencing: Fenced
Roof: Asphalt

Pool Information
Pool Features: None

Building Information
Above Grade Finished Area: 873
Above Grade Finished Area Units: Square Feet
Levels: Two
Construction Materials: Brick
Foundation Details: Block

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

Lot Information
Road Surface Type: Paved
Lot Size Dimensions: 30.00 x 100.00
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning Description: Multiple

Financial

Tax Information
Tax Annual Amount: $827

Utilities

Utility Information
Utilities: Cable Available, Water Available, Sewer Available

Location

Schools Information
High School District: Detroit

Location Information
Directions: Located between Mack Avenue and E Warren.
Subdivision Name: ROSEMARY PARK NO 1(PLATS)
Cross Street: S of Outer Drive/W of Mack Avenue

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Wayne County
APN: W21I062860S

Home facts updated by county records on Nov 6, 2017

Around this home

Schools

Carstens Elementary-Middle School

Public PreK-8 • Assigned • 1.9mi

4/10

East English Village Preparatory Academy

Public 9-12 • Assigned • 1.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 48215 3180

OPEN SAT, 10:30AM TO 12PM

$185,000

2 beds1 bath1,756 sq ft

333 Newport St, Detroit, MI 48215 3180

(313) 858-6580

3D WALKTHROUGH

$274,900

4 beds1 bath2,598 sq ft

577 Chalmers St, Detroit, MI 48215

(313) 884-7000

$82,500

3 beds1 bath1,477 sq ft

445 Navahoe St, Detroit, MI 48215 3022

(248) 288-3500

$255,000

3 beds1.5 baths2,505 sq ft

315 Lakewood St, Detroit, MI 48215 3153

(313) 324-8430

$27,000

3 beds1.5 baths2,002 sq ft

4648 Cope St, Detroit, MI 48215 2035

(313) 877-9020

$265,000

4 beds3 baths3,641 sq ft

637 Manistique St, Detroit, MI 48215 2964

(734) 335-0603

Home values near 4239 Alter Rd

Data from public records.

Address	Redfin Estimate
4278 Alter Road, Detroit, MI - Beds \| 1 Baths \| 986 Sq. Ft.	$41,409
4327 Alter Road, Detroit, MI - Beds \| 1 Baths \| 846 Sq. Ft.	$38,471

Address	Redfin Estimate
4195 Alter Road, Detroit, MI 2 Beds \| - Baths \| 1578 Sq. Ft.	$94,691
4201 Alter Road, Detroit, MI - Beds \| 1 Baths \| 1278 Sq. Ft.	$108,513

Address	Redfin Estimate
4266 Alter Road, Detroit, MI 3 Beds \| 2 Baths \| 1459 Sq. Ft.	$64,173
4236 Alter Road, Detroit, MI - Beds \| 1 Baths \| 873 Sq. Ft.	$44,883

Property information provided by REALCOMP when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 48215, MI

Sale history for 4239 Alter Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 48215 3180

Home values near 4239 Alter Rd

More real estate resources