Sold
360 ALTER Road, Detroit, MI 48215
Sold on 07/11/2025 for$180,000
MLS # 20251013364 (Realcomp)
4 beds2 baths1,530 sqftBuilt 19540.16 acres
1 / 18
Listing Description
Attractive brick bungalow in one of Detroit's most in demand locations and fastest appreciating sub markets! Abutting Grosse Pointe Park, this rare offering could continue operating as a 2 unit multi-family property or you could occupy both units as a single family home at a great price, generate passive investment income, or "house hack" by living in one unit & renting the other to cover mortgage / expenses! Numerous big ticket updates including new HVAC & Mechanicals, updated windows & roof. Four bedrooms & two full baths between the now-two units both possess beautiful original hardwood floors, large windows allowing for plenty of natural light, a spacious yard, & extra storage available in the basement. Backyard is Grosse Pointe, front yard is Fox Creek. Walking distance to Coriander & only a 15 minute drive from downtown Detroit. This property offers a blend of character & upside potential. Schedule today!
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,530 sq ft home in East Riverside in Detroit built in 1954.
Final sale price: $180,000 (about $118/sq ft).
Annual property taxes run approximately $2,644 ($220/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,530 sqft
Lot Size0.16 acres
Year Built1954
Stories2
Location
CityDetroit
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed6/30/2025
Sold Date7/10/2025
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,699
Tax Year2025
State Equalized Value$41,200
Assessed Value$41,200
Parcel #21062637.
Source: Public Records
Legal Description
E-ALTER 112 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Savannah Srebernak
Jim Saros Real Estate Services
Frequently Asked Questions about 360 ALTER Road, Detroit, MI 48215
Which school district serves 360 ALTER Road, Detroit, MI 48215?
Per MLS# 20251013364, 360 ALTER Road, Detroit, MI 48215 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20251013364, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 360 ALTER Road, Detroit, MI 48215?
Per public tax records, annual property taxes for this property are $1,782. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 360 ALTER Road, Detroit, MI 48215 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 360 ALTER Road, Detroit, MI 48215 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 360 ALTER Road, Detroit, MI 48215. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 360 ALTER Road, Detroit, MI 48215?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$2,644
Monthly$220
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,511
Principal & interest$1,291
Property taxes$220
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
360 ALTER Road, Detroit, MI 48215
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Neighborhood
East Riverside
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Community
Detroit
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County
Wayne County
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