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2193 Alter Rd, Detroit, MI, 48215

$50,000

Home List Price

$594*

Closing Credit

3 Bedrooms
1 Full Bath
1,061 SqFt
$47/SqFt
House

Location

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2193 Alter Rd, Detroit$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1923
HeatingForced Air, Other
BasementYes
MLS #81024058536
Lot Size0.06 Acres
StatusActive

About 2193 Alter Rd

Investor special! This 3-bedroom, 1-bathroom property is an excellent opportunity for anyone looking to add value and maximize returns. It's ready for your updates and personal touch. Ideal for investors or first-time buyers willing to put in some work, this property offers a unique chance to create equity. Don't miss out on this affordable investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,061 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Arshnoor Singh

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other

Other

Directions Information:

  • Directions: Drive to Alter Rd, Continue onto E Edsel Ford Service Dr E, Turn right onto Outer Dr E, Continue straight onto Alter Rd. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
  • Price Per SqFt: $47/SqFt

Tax Information:

  • Annual Amount: $621
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

2193 Alter Rd vs Detroit

39 DAYS ON ROCKET

-10 Days

$50,000

-$35K Less

$47/SqFt

-$21 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $21/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024058536

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Arshnoor Singh

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:56:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$621$5,865
2020$409$8,900
2018$409$7,200
2017$408$7,300

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4286367
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-4286368
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.23 miles

  • Public Charter Grades KG-5

school-card-donut-4286369
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 2.44 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,116. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2193 Alter Rd

What is the listing price of this property?

The listing price of 2193 Alter Rd property is $50,000.

What type of property is this?

The property 2193 Alter Rd is a house located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 2193 Alter Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $621 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2193 Alter Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2193 Alter Rd is 1,061 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2193 Alter Rd is 1923.

Rocket Homes›Michigan›Wayne County›Detroit›48215›2193 Alter Rd

This home is located at 2193 Alter Rd in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 1,061 square foot home, which was built in 1923, sits on a 0.06 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $50,000.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

From Rocket Homes Real Estate and based on county public records data.

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