648 Alter RD, Detroit, MI 48215
648 Alter RD, Detroit, MI 48215
648 Alter RD, Detroit, MI 48215
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Larry Klavitter

Larry Klavitter

+1(248) 935-7959
$239,900
Est. payment /mo
2 Baths
2,988 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,988 sqft

Price per Sqft $80

Subdivision Windmill Pointe Sub Also P6

MLS Listing ID 20261045961

Style UpperLowerApartment

Full Baths 2

Year Built 1959

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type MultiFamily

Property Description

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.

Location

State MI

County Wayne

Area Area05066Detmcclellaneastmacktoshore

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Garage

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

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Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Lindsey Sundin of Vie Real Estate

NEARBY SCHOOL & BUSINESS

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Larry Klavitter

Larry Klavitter

Team Leader | License ID: 364259

+1(248) 935-7959

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648 Alter RD