Exciting investment opportunity in the rapidly appreciating Jefferson Chalmers Neighborhood! Outstanding location South of Jefferson sharing a fence line with the City of Grosse Pointe Park and across from the charming canals of Jefferson Chalmers, this all brick duplex boasts large open concept living spaces, 2 large bedrooms with huge closets per unit, large kitchens, well maintained bathrooms, separate- private basements for each tenant with storage & laundry, and driveway with garage for convenient off street parking for tenants. "House Hack" by living in one unit and renting the other! Separate utility meters for each apartment. Market rents of $1,050+ per unit! Super easy to manage and allows for a strong passive income!
Very walkable location steps from coffee, dining, and shopping on Jefferson & Kercheval as well as the highly anticipated $45M+ development of the new Performing Arts Center coming to Jefferson! Neighboring duplex sales as high as $300K+ allowing for an attractive value add opportunity!
Sold for $189,900
$189,900
700 Alter Rd, Detroit, MI 48215
4beds
2,448sqft
Duplex
Built in 1953
-- sqft lot
$209,700 Zestimate®
$78/sqft
$1,645 Estimated rent
Home value
$209,700
$187,000 - $235,000
$1,645/mo
Zestimate® history
Owner options
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$1,645/mo
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$1,645/mo
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$1,405/mo
Est. payment
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$1,405/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
James B Saros 313-886-9030,
Jim Saros Real Estate Services
Bought with:
Alan Jay Robinson, 6501379805
Century 21 Curran & Oberski
Source: Realcomp II,MLS#: 20240083889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Private,Private Storage Locker,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,448 sqft
- Finished area above ground: 2,448
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 50.00 x 135.00
Details
- Parcel number: W21I062680S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Sewer At Street
- Water: Waterat Street
Community & HOA
Community
- Subdivision: WINDMILL POINTE SUB (ALSO P6) (PLATS)
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $21,103
- Annual tax amount: $2,164
- Date on market: 11/8/2024
- Cumulative days on market: 26 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2025 | Sold | $189,900+0.5%$78/sqft |
Source:  Realcomp II #20240083889 Report a problem | ||
| 12/31/2024 | Pending sale | $189,000$77/sqft |
Source: Realcomp II #20240083889 Report a problem | ||
| 11/8/2024 | Listed for sale | $189,000$77/sqft |
Source: Realcomp II #20240083889 Report a problem | ||
| 9/10/2024 | Listing removed | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Listed for rent | $1,050-2.3% |
Source: Zillow Rentals Report a problem | ||
| 7/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/28/2024 | Listed for rent | $1,075 |
Source: Zillow Rentals Report a problem | ||
| 6/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/21/2024 | Listed for rent | $1,075 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $62,600 +32.1% |
| 2024 | -- | $47,400 +8.2% |
| 2023 | -- | $43,800 +27% |
| 2022 | -- | $34,500 +17.7% |
| 2021 | -- | $29,300 |
| 2020 | $2,966 +53.7% | $29,300 +32.6% |
| 2019 | $1,930 | $22,100 +5.2% |
| 2018 | $1,930 | $21,000 -1.9% |
| 2017 | -- | $21,400 +20.2% |
| 2016 | $2,929 | $17,800 |
| 2015 | $2,929 -16.4% | $17,800 -51.9% |
| 2013 | $3,505 +19.7% | $36,969 -31.8% |
| 2010 | $2,929 | $54,201 -18% |
| 2009 | -- | $66,099 -14.5% |
| 2008 | -- | $77,309 |
| 2007 | -- | $77,309 +5.5% |
| 2005 | $351 | $73,279 +3% |
| 2004 | -- | $71,145 |
Find assessor info on the county website
Neighborhood: Jefferson Chalmers
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Nearby schools
GreatSchools rating
- 4/10Carstens Elementary-Middle SchoolGrades: PK-8Distance: 0.8 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 2.5 mi
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Estimated market value
$209,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$209,700
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