8 days on rocket

254/256 Alter Rd, Detroit, MI, 48215

$179,900

Home List Price

$2,136*

Closing Credit

0 Baths
Multi

Location

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254/256 Alter Rd, Detroit$179,900

Buyer Closing Credits

$2,136*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Garage
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontPublic Lake
MLS #81024052656
Lot Size0.16 Acres
StatusActive

About 254/256 Alter Rd

This beauty is waiting to be called yours TODAY! This home features 2 units. Unit #1/main floor has 2 beds, 1 bath, living room, dining room, kitchen, sun room and basement access in a shared entryway hallway. Unit #2/upper has 1 bed, 1 bath, living room, dining room, kitchen and balcony. There 2 doors to enter into the home. The shared accessible entry way hallway splits off the lower and upper units. You can rent out either unit from $1,300-$1,600 monthly. This is also a great opportunity to market as an Airbnb with the location being just minutes from Downtown Detroit, Tiger games, concerts, and nightlife/dining experiences!*Please do not disturb the resident as it is occupied.*All offers can be submitted via email to kiatherealtor@gmail.com

Property Details

Property Features

Property Information:

  • Year Built: 1958

Listing Office:

  • Office Name: KW Home Realty
  • Office Phone: (248) 626-2100
  • Listing Agent: Marquia Potter

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Waterfront: Public Lake

Parking Information:

  • Parking: Concrete, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located E Jefferson/Jefferson-Chalmers District/Cusp of Grosse-Pointe Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

254/256 Alter Rd vs Detroit

8 DAYS ON ROCKET

-41 Days

$179,900

+$94.8K More

KEY TAKEAWAY

This property is $94.8K more than the Median Sold Price 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: #81024052656

Listing Office:

  • Office Name: KW Home Realty
  • Office Phone: (248) 626-2100
  • Listing Agent: Marquia Potter

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: 12/4/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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-10039
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-10040
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 3.69 miles

  • Public Charter Grades KG-5

school-card-donut-10041
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 3.94 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,544. Typical income of Detroit, MI residents is between $100k-200k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Detroit, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Detroit, MI?

Detroit's housing market is diverse, offering a mix of architectural styles that reflect the city's rich history and cultural heritage. Single-family homes are prevalent, with a significant number of properties featuring the classic American Foursquare and bungalow styles. The city also has a substantial inventory of apartments and lofts, particularly in areas undergoing revitalization. The homeownership rate in Detroit is on the rise, with efforts to increase affordable housing options for residents.

Is Detroit, MI a good place to live?

Detroit is celebrated for its significant contributions to the automotive industry and music, particularly Motown. The city prides itself on its vibrant arts scene, with numerous galleries, theaters, and live music venues that showcase local talent. Annual events like the North American International Auto Show and the Detroit Jazz Festival highlight the community's passion for innovation and music.

Are things conveniently located in Detroit, MI?

The city is served by a robust educational system, including Detroit Public Schools Community District, charter schools, and private institutions, offering a range of educational opportunities. Healthcare is accessible through several hospitals and clinics, providing comprehensive services from emergency care to specialized treatments. Detroit's public library system is extensive, supporting the community's educational and cultural needs. Retail and dining options are plentiful, with a focus on local entrepreneurship and culinary diversity.

What does the transportation in Detroit, MI look like?

Detroit's transportation network includes a combination of bus routes and a light rail system, the QLine, which serves key areas of the city. While the bus system provides extensive coverage, the frequency and schedule can vary by route. The city is also bike-friendly, with dedicated lanes and bike-sharing programs. Major highways like I-75 and I-94 facilitate travel in and out of the city, and ongoing projects aim to improve traffic flow and road safety.

Rocket Homes›Michigan›Wayne County›Detroit›48215›254/256 Alter Rd

This home is located at 254/256 Alter Rd in Detroit, MI and zip code 48215. This home, which was built in 1958, sits on a 0.16 acre lot. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $179,900.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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