1350 Alter Road Detroit MI 48215 MLS #20251062111

1350 Alter Road
Detroit, MI, 48215
$395,000
Beds
4 Baths
3,600 SqFt
0.11 Acres
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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.

Property Details

Price:
$395,000
MLS #:
20251062111
Status:
Active
Beds:
0
Baths:
4
Type:
Single Family
Subtype:
Multi Family
Subdivision:
TURNBULL & EPSTEANS JEFFERSON AVE
Neighborhood:
05066detmcclellaneastmacktoshore
Listed Date:
Jan 19, 2026
Finished Sq Ft:
3,600
Year Built:
1924
Short SaleCommonentrybuilding05066 – Det: Mcclellan East/mack To Shore05066detmcclellaneastmacktoshoreTurnbull & Epsteans Jefferson AveDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Bathrooms
4 Full Bathrooms
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
CommonEntryBuilding
Construction Materials
Brick

Financial

Net Operating Income
$33,600
Taxes
$2,911

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Jan 20, 2026
3,071
Single Family Listed
121
Avg DOM
82
Avg $ / SqFt
$148,318
Avg List Price

Property Summary

    Located in the TURNBULL & EPSTEANS JEFFERSON AVE subdivision, 1350 Alter Road Detroit MI is a Single Family for sale in Detroit, MI, 48215. It is listed for $395,000 and features 0 beds, 4 baths, and has approximately 3,600 square feet of living space, and was originally constructed in 1924. The current price per square foot is $110. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $148,318. To schedule a showing of MLS#20251062111 at 1350 Alter Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of Coldwell Banker Professionals-Birm. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.
Rover IDX
1350 Alter Road
Detroit, MI