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
6,750 sq ftLot Size
$111Est. Price/Sq.Ft.
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 Oct 24, 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
Has Garage
Parking Features: Detached
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Appliances: Dryer, Refrigerator, Trash Compactor, Gas Water Heater, Water Softener Rented
Flooring: Hardwood
Room Information
Laundry Features: Upper Level
Has Basement
Exterior
Exterior Features
Patio And Porch Features: Patio
Fencing: Fenced
Building Information
Above Grade Finished Area: 1,641
# of Stories Total: 2
Construction Materials: Cedar
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi-Family
Lot Information
Frontage Length: 50
Road Responsibility: Public Maintained Road
Lot Size : 50X135
Zoning Description: Residential
Financial
Tax Information
Tax Annual Amount: $1,535
Utilities
Utility Information
Water Source: Public
Utilities: Natural Gas Available
Sewer: Public Sewer
Location
Schools Information
School District: Detroit City School District
Location Information
Subdivision Name: Windmill Pointe Sub Also P6
Cross Street: Jefferson
Community Information
Community Features: Sidewalks, Street Lights
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 Oct 24, 2026
Other
Listing Information
List AOR: MiRealSource
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
85
68
79
63
76
58
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
$174,000 – $211,000
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