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545 Alger St, Detroit, MI, 48202

$17,500

0.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240087459
Lot Size0.08 Acres
StatusActive

About 545 Alger St

Located in the vibrant North End of Detroit, these two side-by-side lots at 545 and 553 Alger St. are being sold together as a package. This prime location offers a fantastic opportunity for development or investment in one of Detroit’s most dynamic neighborhoods. With easy access to Downtown, major roadways, and local amenities, these parcels are perfect for builders, investors, or those looking to create something special.

Property Details

Property Features

Listing Office:

  • Office Name: O'Connor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Shalom Dubov

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: Oakland to Alger

Price Information

Listing Price Info

Price Summary:

  • List Price: $17,500

Tax Information:

  • Annual Amount: $15
  • 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

545 Alger St vs Detroit

1 DAY ON ROCKET

-44 Days

$17,500

-$67.5K Less

KEY TAKEAWAY

This property is $67.5K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240087459

Listing Office:

  • Office Name: O'Connor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Shalom Dubov

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, 3:20:52 AM 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$15$300
2020$25$300
2018$25$300

History based on county public records data.

Payment Calculator

$155

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$119

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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-163380
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.06 miles

  • Public Charter Grades KG-5

school-card-donut-163381
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.13 miles

  • Public Charter Grades KG-5

school-card-donut-163382
2
/10
  • Dickinson West Elementary School

  • 2333 Burger St

  • 1.32 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,902. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. 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 545 Alger St

What is the listing price of this property?

The listing price of 545 Alger St property is $17,500.

What type of property is this?

The property 545 Alger St is land located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 545 Alger St 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 $15 (source: MLS/based on county public records data).

How much acreage is this property?

The property 545 Alger St is 0.08 acres.
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Rocket HomesMichiganWayne CountyDetroit48202545 Alger St

This home is located at 545 Alger St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $17,500.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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