CALLING ALL INVESTORS!!! Currently, tenant occupied! This 3-bed bungalow is a great opportunity! This home features hardwood flooring, a spacious dining room, a bright and airy living room, a full bath, and 1 bedroom on the main level! Upstairs are two more bedrooms and the basement has been partially finished! You'll find a 2 car detached garage in the fenced backyard! Minutes from Chandler Park, Wayne County Family Aquatic Center, Wayne County Community College, and freeway access!
Single-familyProperty Type
1950Year Built
4,791 sq ftLot Size
$86Est. Price/Sq.Ft.
1 car garageParking
Listed by Aaron Wright• Realteam Real Estate
•586-580-8092 (broker)
•erica@mirealteam.com (broker)
Listed by Andrea Ramirez• Realteam Real Estate
•586-580-8092 (broker)
•erica@mirealteam.com (broker)
Bought with Shelby Zawalski• Realty Executives Home Towne Chesterfield
CALLING ALL INVESTORS!!! Currently, tenant occupied! This 3-bed bungalow is a great opportunity! This home features hardwood flooring, a spacious dining room, a bright and airy living room, a full bath, and 1 bedroom on the main level! Upstairs are two more bedrooms and the basement has been partially finished! You'll find a 2 car detached garage in the fenced backyard! Minutes from Chandler Park, Wayne County Family Aquatic Center, Wayne County Community College, and freeway access!
REALCOMP #58050053041
Oct 29, 2021
Sold
$63,000
$59/sq ft
Aug 25, 2021
Listed
$70,000
$66/sq ft
REALCOMP #210109276
Jan 9, 2011
Listing Removed
—
Sep 10, 2010
Listed
$5,500
$5/sq ft
REALCOMP #210017132
Aug 18, 2010
Listing Removed
—
Feb 2, 2010
Listed
$5,500
$5/sq ft
REALCOMP #27016644
Jun 20, 2007
Listing Removed
—
Jan 25, 2007
Listed
$120,000
$113/sq ft
Public Records
Aug 23, 2006
Sold
$120,000
$113/sq ft
REALCOMP #25170130
Apr 13, 2006
Sold
$45,000
$42/sq ft
Nov 22, 2005
Listed
$44,900
$42/sq ft
Public Records
Dec 18, 2003
Sold
$120,000
$113/sq ft
REALCOMP #23053878
Jun 2, 2003
Listing Removed
—
May 31, 2003
Listed
$105,000
$99/sq ft
REALCOMP #22107249
May 25, 2003
Listing Removed
—
Nov 25, 2002
Listed
$105,000
$99/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,465 (+0.3%)
2024
$3,455 (+51.0%)
2023
$2,288 (−1.0%)
2022
$2,312 (+58.7%)
2021
$1,456
2020
$1,456 (+1.6%)
2019
$1,433 (+4.0%)
2018
$1,379 (+0.5%)
2017
$1,372 (−6.5%)
2016
$1,467 (−3.2%)
2015
$1,515 (−4.2%)
2014
$1,581
Tax history for 5520 Alter
Year
Property tax
Land + Additions
Assessment*
2025
$3,465 (+0.3%)
2024
$3,455 (+51.0%)
2023
$2,288 (−1.0%)
2022
$2,312 (+58.7%)
2021
$1,456
2020
$1,456 (+1.6%)
2019
$1,433 (+4.0%)
2018
$1,379 (+0.5%)
2017
$1,372 (−6.5%)
2016
$1,467 (−3.2%)
2015
$1,515 (−4.2%)
2014
$1,581
*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
1.25
Lot width
40 ft.
Lot depth
115 ft.
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
1,324
Year built
1950
Style
Single Family Residential
County
Wayne County
APN
21062958.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R1
Single-Family Residential District
The R1 Single-Family Residential District is designed to protect and preserve quiet, low-density residential areas now primarily developed and those areas which will be developed with single-family detached dwellings and characterized by a high ratio of home ownership. The regulations for this district are designed to stabilize and protect the essential characteristics of the district and to promote and encourage a suitable environment for activities associated with family life. To these ends, development is limited to a relatively low concentration and uses permitted by right are limited to single-family detached dwellings which provide homes for the residents of the area. Additional residential uses such as religious institutions, neighborhood centers, and utility uses necessary to serve the immediate area may be permitted on a conditional basis.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Parking
Parking/Garage Information
Has Garage
# of Parking Spaces in Garage: 1
Garage Type: Detached Garage
Interior
Interior Features
Rooms: First Floor Bedroom, Living Room, Lower Level Laundry, First Flr Full Bathroom, Formal Dining Room
Interior Features: Hardwood Floors
Has Fireplace
Fireplace Features: Basement Fireplace
Bedroom Information
Bedroom 1 Level: First
Bedroom 1 Dimensions: 12 x 10
Bedroom 2 Level: Upper
Bedroom 2 Dimensions: 9 x 8
Bedroom 3 Level: Upper
Bedroom 3 Dimensions: W=10
Bathroom Information
# of Bathrooms (Full): 1
# of Baths/Lavatories (Total): 1
Bathroom 1 Information
Bathroom 1 Level: Entry
Dining/Kitchen Information
Kitchen Level: Entry
Kitchen Dimension: 10 x 10
Library/Den/Living Room Information
Living Room Level: Entry
Living Room Dimensions: 10 x 10
Laundry/Basement Information
Basement : Has Basement
Exterior
Exterior Features
Exterior Construction: Brick
Exterior Features: Fenced Yard, Sidewalks
Foundation Type: Basement
Property Information
Property Type: Residential
Property Type: Investment
Structure Style: 1 Story
Year Built: 1950
Below Grade Sq. Ft.: 1040
Below Grade Sq. Ft. (Finished): 0
Lot Information
Lot Size: 40,113
Zoning: Residential
Land Information
Land Contract: No
Acreage: 0.11
Roads: Curbed, Paved Street
Frontage: 40
Financial
Tax/Assessments Information
Total Tax Year: 2020
Total Tax Amount: $1,456
Summer Tax Year: 2020
Summer Tax Amount: $1,326
Winter Tax Year: 2020
Winter Tax Amount: $130
Utilities
Utility Information
Heat/Fuel Type: Natural Gas
Water: Public Water
Cooling System: Ceiling Fan(S)
Heating System: Forced Air
Sewer Septic: Public Sanitary
Location
Unit 5 Information
Living Room Dimensions: L=1064
School Information
School District: Detroit City School District
School District: Detroit City School District
Location Details
Municipality: Detroit
Mail City: Detroit
Subdivision: Wallace Frank B Alter Road Gardens
Municipality: Detroit
Area (Municipality): Detroit (82001)
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,324
Stories: 1.25
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Wayne County
APN: 21062958.
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Originating MLS: MiRealSource
Originating MLS: MI Real Source
Around this home
Schools
Brown Ronald Academy
Public PreK-8 • Assigned • 0.5mi
2/10
East English Village Preparatory Academy
Public 9-12 • Assigned • 1.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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 95° 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
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48224
Average low and high temperatures (°F)
28
17
34
21
50
33
59
42
66
50
80
63
82
69
78
64
75
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
$87,000 – $105,000
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