648 Alter Road, Detroit, MI 48215

Detroit
Local realty services provided by:ERA Prime Real Estate Group
648 Alter Road,Detroit, MI 48215
$239,900
  • - Beds
  • 2 Baths
  • 2,988 sq. ft.
  • Multi-family
  • Active
Listed by: lindsey sundin
Office: vie real estate
MLS#:20261045961
Source:MI_REALCOMP

Price summary

  • Price:$239,900
  • Price per sq. ft.:$80.29

About this home

Great Investment Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this versatile multi-unit property offers strong income potential in a rapidly appreciating area. Perfect for an owner-occupant looking to offset their mortgage or an investor seeking immediate rental income. The lower unit is owner occupied and could command approximately $1,700 per month in rent, while the upper unit is currently leased through October 1, 2026, and rents for approximately $800 per month. Separate living spaces provide flexibility to rent both units or live in one and lease the other. Features include a spacious lot, detached two-car garage, basement storage, and a highly desirable location near waterfront parks, dining, and downtown Detroit amenities. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this property is packed with potential.

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Home facts

  • Year built:1959
  • Listing ID #:20261045961
  • Added:32 day(s) ago
  • Updated:July 21, 2026 at 10:06 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Unfinished
  • Living area:2,988 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1959
  • Building area:2,988 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Upper Lower Apartment
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$239,900
  • Price per sq. ft.:$80.29
  • Tax amount:$125

Features and amenities

  • Smart home:Yes

Parking

  • Parking description:Garage
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