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(248) 345-5109
Real Estate Company
1350 Alter Rd, Detroit, MI 48215
- $395,000
- 4
- BA
- 3,600
- SqFt
- Sold Price
- $395,000
- List Price
- $395,000
- Closing Date
- Mar 06, 2026
- MLS#
- 20251062111
- Status
- CLOSED
- Bathrooms
- 4
- Subdivision
- TURNBULL & EPSTEANS JEFFERSON AVE
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.
Additional Information
- Year Built
- 1924
- Basement Type
- Unfinished
- Acres
- 0.11
- Style
- Common Entry Building
- Acres
- 0.11
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
Mortgage Calculator
Courtesy of Coldwell Banker Professionals-Birm 2486446300
Selling Office: Keller Williams Somerset.
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