For Sale
4618 Alter Road, Detroit, MI 48215
$99,900
MLS # 25060655 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,140 sqftBuilt 19240.08 acres
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Listing Description
Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 2-bath, 1,140 sq ft, with original construction dating to 1924.
Asking $99,900 (about $88/sq ft).
Property tax estimate: $1,951 per year ($163/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,140 sqft
Lot Size0.08 acres
Year Built1924
Stories2
Location
CityDetroit
MunicipalityDetroit City
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/24/2026
Original Price$109,900
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,520
Tax Year2025
State Equalized Value$30,400
Assessed Value$30,400
Parcel #21062889.
Source: Public Records
Legal Description
E ALTER 21 PLEASANT HOMES A SUB L38 P9 PLATS, W C R 21/443 35 X 100.6A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tomomi Ishigami
Trowbridge Realty
Frequently Asked Questions about 4618 Alter Road, Detroit, MI 48215
What school district is 4618 Alter Road, Detroit, MI 48215 in?
Per MLS# 25060655, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 25060655, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 25060655, the most recent reported annual property tax for 4618 Alter Road, Detroit, MI 48215 is $2,174 (2025). 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.
Is 4618 Alter Road, Detroit, MI 48215 eligible for USDA financing?
Per USDA Rural Development boundary data, 4618 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4618 Alter Road, Detroit, MI 48215 is in flood zone X (minimal risk). 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.
Is fiber internet available at 4618 Alter Road, Detroit, MI 48215?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 4618 Alter Road, Detroit, MI 48215. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,951
Monthly$163
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$811
Principal & interest$648
Property taxes$163
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
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
4618 Alter Road, Detroit, MI 48215
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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