Sold
504 Alter Road, Detroit, MI 48215
Sold on 02/03/2026 for$122,347
MLS # 25025865 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,127 sqftBuilt 19460.1 acres
1 / 25
Listing Description
This bright, fully remodeled two-story townhouse is located in a highly sought-after neighborhood and features a brand-new roof. Enjoy the privacy of a serene backyard and a cozy three-season room—perfect for relaxing most of the year. Beautiful wood floors add warmth and character throughout the home. The other half of the duplex is also available for purchase—ask listing agent for more details. A new furnace and water heater will be installed before closing.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,127 sq ft home built in 1946 sits in East Riverside in Detroit.
This home sold for $122,347 (about $109/sq ft).
Property tax estimate: $1,720 per year ($143/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 2,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,127 sqft
Lot Size0.1 acres
Year Built1946
Stories2
Location
CityDetroit
MunicipalityDetroit City
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
StyleColonial
ConstructionAluminum Siding, Brick
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/2/2025
Sold Date2/2/2026
Terms AcceptedCash, Conventional
Concessions$2,447
Source: SparkMLS
Tax Information
Annual Tax$1,048
Tax Year2025
State Equalized Value$26,800
Assessed Value$26,800
Parcel #21062658.002L
Source: Public Records
Legal Description
E ALTER N 1/2 133 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 31.78 X 135
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Alana Paap
Investor's Prop Mgmt Detroit
Frequently Asked Questions about 504 Alter Road, Detroit, MI 48215
Which school district serves 504 Alter Road, Detroit, MI 48215?
Per MLS# 25025865, 504 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# 25025865, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 504 Alter Road, Detroit, MI 48215?
Per public tax records, annual property taxes for this property are $1,375 (2024). 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, 504 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 504 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 504 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.
What utilities serve 504 Alter Road, Detroit, MI 48215?
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.
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$1,720
Monthly$143
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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Monthly payment$921
Principal & interest$778
Property taxes$143
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
2 Gbps
Upload
1 Gbps
CableFiberLicensed 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
504 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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