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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
BasementYes
MLS #24058536
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
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

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

$73

Avg. Days On Market

45

# of Sold Homes

475

2193 Alter Rd vs Detroit

9 DAYS ON ROCKET

-36 Days

$50,000

-$35K Less

$47/SqFt

-$27 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $27/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24058536

Listing Office:

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

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:54 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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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-545733
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-545734
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.23 miles

  • Public Charter Grades KG-5

school-card-donut-545735
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. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

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.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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