Sold for $235,000

$235,000

514 Alger St, Detroit, MI 48202

15beds

9,737sqft

Townhouse

Built in 1920

6,969 Square Feet Lot

$240,200 Zestimate^®

$24/sqft

$1,297 Estimated rent

Home value

$240,200

$216,000 - $267,000

$1,297/mo

Zestimate^® history

Owner options

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$1,297/mo

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$1,297/mo

Rent Zestimate^®

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$1,710/mo

Est. payment

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$1,710/mo

Est. payment

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What's special

Redevelopment opportunity. 12-unit building in North End neighborhood. Zoned R-3. Appealing brick exterior, ample parking capacity assuming option to purchase adjacent 522 Alger, which is DLBA owned. Many newer windows. Interior is demo-ed to the studs. Neighborhood includes a mix of newer (constructed in early 2000s) single family homes and historic structures. May be eligible for PILOT Fast Track abatement. Liability waiver required for access. Price of $250,000 is firm.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 2
Full bathrooms: 12

Heating

Other Heating Source

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 9,737 sqft
Finished area above ground: 9,737

Property

Features

Levels: Three
Stories: 3
Pool features: None

Lot

Size: 6,969 Square Feet
Dimensions: 57.00 x 125.00

Details

Parcel number: W03I002320S
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: Townhouse
Architectural style: Brownstone,Common Entry Building
Property subtype: Townhouse

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: PETRYS

Location

Region: Detroit

Financial & listing details

Price per square foot: $24/sqft
Tax assessed value: $41,694
Annual tax amount: $3,615
Date on market: 10/22/2025
Cumulative days on market: 5 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
10/23/2025	Sold	$235,000-6%$24/sqft
Source: Realcomp II #20251046287 Report a problem
10/23/2025	Pending sale	$250,000$26/sqft
Source: Realcomp II #20251046287 Report a problem
10/22/2025	Listed for sale	$250,000$26/sqft
Source: Realcomp II #20251046287 Report a problem
9/7/2025	Listing removed	$250,000$26/sqft
Source: BHHS broker feed #20250019828 Report a problem
8/26/2025	Price change	$250,000-16.7%$26/sqft
Source: Realcomp II #20250019828 Report a problem
6/17/2025	Price change	$300,000-14.3%$31/sqft
Source: Realcomp II #20250019828 Report a problem
5/19/2025	Listed for sale	$350,000$36/sqft
Source: BHHS broker feed #20250019828 Report a problem
4/10/2025	Pending sale	$350,000$36/sqft
Source: BHHS broker feed #20250019828 Report a problem
3/27/2025	Listed for sale	$350,000$36/sqft
Source: Realcomp II #20250019828 Report a problem