6 months on rocket

467 W Alexandrine St, Detroit, MI, 48201

$1,225,000

Home List Price

$10,000*

Closing Credit

15 Full Baths
11,008 SqFt
$111/SqFt
Multi

Location

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467 W Alexandrine St, Detroit$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1918
HeatingOther, Steam
BasementYes
MLS #20240029709
Lot Size0.24 Acres
StatusActive

About 467 W Alexandrine St

Prime location in the heart of midtown downtown Detroit. Opportunity knocks for this great potential to finish and renovate a multi-family apartment complex. The 3-story investment is located in the historic district and is conveniently located near landmarks in downtown Detroit. Central and convenient to lifestyle amenities and entertainment. This complex offers lucrative opportunities. Which consists of 15 units total, each unit consists of 1-bedroom, full bathroom, living room, dining room and a kitchen. 5 of 15 units are occupied. Full parking lot in the rear of the complex. It is a rare opportunity indeed to invest. Property is sold AS IS. Buyer responsible for all City of Detroit Compliance. This property is zoned class SD1 (Mixed Use). Buyer and Buyers agent to confirm zoning and building code guidelines for inspections, permits, and city of Detroit compliance. Contact City of Detroit for the ZVL letter to find out the current legal use. Proof of funds and approved buyers only. All data and measurements are approx. Buyer’s agent to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Upper/Lower Apartment
  • Year Built: 1918
  • Stories: 3
  • Living Area: 11,008 SqFt

Listing Office:

  • Office Name: Sunflower Realty LLC
  • Office Phone: (313) 747-0700
  • Listing Agent: Mariam Khalaf

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 15

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Other, Steam

Other

Directions Information:

  • Directions: N. Mack Ave / W. Woodward Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $5,438
  • 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

467 W Alexandrine St vs Detroit

198 DAYS ON ROCKET

+153 Days

$1,225,000

+$1.1M More

$111/SqFt

+$37 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $37/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240029709

Listing Office:

  • Office Name: Sunflower Realty LLC
  • Office Phone: (313) 747-0700
  • Listing Agent: Mariam Khalaf

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: 11/21/2024, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 12, 2004Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,438$473,900
2020$3,523$465,600
2018$3,523$131,100
2017$3,502$113,000

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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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-366038
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.14 miles

  • Public Charter Grades KG-5

school-card-donut-366039
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.26 miles

  • Public Charter Grades KG-5

school-card-donut-366040
8
/10
  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,196. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWayne CountyDetroit48201467 W Alexandrine St

This home is located at 467 W Alexandrine St in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 11,008 square foot home, which was built in 1918, sits on a 0.24 acre lot. Features: 15 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,225,000.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. 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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