Great investment opportunity, whether you are looking for a turn key income generator or to live in one unit and rent the other to pay the mortgage. Fixed costs are very low. Gas and water combined is approximately $130 a month. Utility bill history available with accepted offer. Separate electrical which tenant pays. Many major updates over the past few years. Updated Kitchens, refinished hardwood floors, all new copper plumbing, upgraded electric, and new concrete driveway. Both units have their own washer and dryer. Both the C of O and city lead inspection have been passed/completed. Lower Unit occupied with long term tenant with excellent rental history. Upper unit vacant for showings but was previously rented at $650 a month. Please DO NOT go on property without appointment!
Multi-familyProperty Type
1951Year Built
$101Est. Price/Sq.Ft.
1 spaceParking
Listed by Chace Wakefield• Bolton-Johnston Assoc. of G.P.
Great investment opportunity, whether you are looking for a turn key income generator or to live in one unit and rent the other to pay the mortgage. Fixed costs are very low. Gas and water combined is approximately $130 a month. Utility bill history available with accepted offer. Separate electrical which tenant pays. Many major updates over the past few years. Updated Kitchens, refinished hardwood floors, all new copper plumbing, upgraded electric, and new concrete driveway. Both units have their own washer and dryer. Both the C of O and city lead inspection have been passed/completed. Lower Unit occupied with long term tenant with excellent rental history. Upper unit vacant for showings but was previously rented at $650 a month. Please DO NOT go on property without appointment!
REALCOMP #58031399230
Aug 3, 2020
Sold
$121,900
$74/sq ft
Oct 31, 2019
Listed
$121,900
$74/sq ft
MiRealSource-MiMLS #12172
Aug 17, 2007
Listing Removed
—
Jul 27, 2007
Listed
$104,900
$64/sq ft
Public Records
Mar 18, 1996
Sold
$33,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,626 (+0.2%)
2024
$3,617 (+51.0%)
2023
$2,395 (+3.4%)
2022
$2,317 (+3.1%)
2021
$2,248 (+47.5%)
2020
$1,524 (−4.8%)
2019
$1,600 (+3.7%)
2018
$1,543 (+0.5%)
2017
$1,535 (+6.8%)
2016
$1,437 (+1.1%)
2015
$1,422 (−8.2%)
2014
$1,549
Tax history for 448 Alter Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,626 (+0.2%)
2024
$3,617 (+51.0%)
2023
$2,395 (+3.4%)
2022
$2,317 (+3.1%)
2021
$2,248 (+47.5%)
2020
$1,524 (−4.8%)
2019
$1,600 (+3.7%)
2018
$1,543 (+0.5%)
2017
$1,535 (+6.8%)
2016
$1,437 (+1.1%)
2015
$1,422 (−8.2%)
2014
$1,549
*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
1
Stories
1.75
Lot width
50 ft.
Lot depth
135 ft.
Lot size
6,970 Sq. Ft.
Year renovated
—
Sq. Ft.
1,488
Year built
1951
Style
Single Family Residential
County
Wayne County
APN
21062650.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R2
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
Garage Type: Detached Garage
Parking: Garage
Interior
Interior Features
Interior Features: Hardwood Floors
Appliances: Dryer, Refrigerator, Trash Compactor, Water Softener (Leased)
Has Basement
Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Laundry/Basement Information
Basement Type: Block
Other Room Information
Sub Room Description: Second Floor Laundry
Exterior
Exterior Features
Exterior Construction: Cedar
Exterior Features: Fenced Yard, Patio
Foundation Type: Basement
Property Information
Property Type: Multi-Family
Property Type: 1 To 4 Units, Duplex
Structure Style: 1 1/2 Story
Styles: Cape Cod
Year Built: 1951
Lot Information
Lot Size: 50,135
Zoning: Residential
Land Information
Roads: City/County
Frontage: 50
Floodplain: None
Financial
Tax/Assessments Information
Total Tax Year: 2018
Total Tax Amount: $1,535
Summer Tax Year: 2018
Summer Tax Amount: $1,406
Winter Tax Year: 2018
Winter Tax Amount: $129
Utilities
Utility Information
Separate Heat: No
Water Heater: Gas
Water: Public Water
Separate Electric
Cooling System: Central A/C
Fuel Type: Natural Gas
Heating System: Forced Air
Sewer Septic: Public Sanitary
Location
Mult-Unit Information
# of Units (Total): 2
Unit 1 Information
Unit 1 Occupied Y/N: Yes
Rent Rate: $850
Unit Occupied
Bedroom 1 Level: First
Bedroom 1 Dimensions:
Bedroom 2 Level: First
Bedroom 2 Dimensions:
Kitchen Level: First
Kitchen Dimensions:
Living Room Level: First
Living Room Dimensions:
Unit 2 Information
Rent Rate: $650
Bedroom 1 Level: Upper
Bedroom 1 Dimensions: 21 x 13
Kitchen Level: Upper
Kitchen Dimensions: 13 x 11
Living Room Level: Upper
Living Room Dimensions: 14 x 13
Homeowners Association Information
Community Amenities: Sidewalks, Street Lights
School Information
School District: Detroit City School District
School District: Detroit City School District
Location Details
Municipality Type: City
Municipality: Detroit
Mail City: Detroit
Location: Subdivision
Subdivision: Windmill Pointe Sub Also P6
Municipality: Detroit
Area (Municipality): Detroit (Wood-McLeland/S Mack)
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,488
Stories: 1.75
Lot Size: 6,970 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Wayne County
APN: 21062650.
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Originating MLS: MI Real Source
Originating MLS: MI Real Source
Around this home
Schools
Carstens Elementary-Middle School
Public PreK-8 • Assigned • 0.7mi
4/10
East English Village Preparatory Academy
Public 9-12 • Assigned • 2.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 72-80% 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)
28
18
34
21
52
33
61
42
67
50
81
62
83
68
79
63
76
60
65
49
50
39
37
26
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
Estimated sale price
$159,000 – $192,000
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