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1350 Alter RD Detroit, MI 48215
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $109
Subdivision Turnbull & Epsteans Jefferson Ave
MLS Listing ID 20251062111
Sold Date 03/06/26
Style CommonEntryBuilding
Full Baths 4
Year Built 1924
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Excellent investment opportunity! This well-located 4-unit multifamily property is situated in a desirable area of Detroit, directly adjacent to Grosse Pointe. All units were fully renovated in 2023 and are in great condition. Three units are currently rented at an average of $1,000 per month with strong, reliable tenants, while one unit is vacant — perfect for owner occupancy or added cash flow. Tenants pay their own gas and electricity. The property also offers rear parking for added convenience.
Immediate income with upside potential, making this a great addition to any investor's portfolio.
Showings are limited to the vacant unit only. Additional units may be shown upon accepted offer.
Location
State MI
County Wayne
Area Area05066Detmcclellaneastmacktoshore
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, Trade1031Exchange, UsdaLoan, VaLoan, WarrantyDeed
Listing Terms Cash, Conventional, FHA, Trade1031Exchange, UsdaLoan, VaLoan, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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