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1350 Alter Road, 
Detroit, MI 48215

$395,000


Bed


4

Baths


3,600

Sq Ft


Multi-Family


Virtual Tour

Active

248-644-6300

Last updated:

February 21, 2026, 10:59 AM

MLS#

20251062111

Source:

MI REALCOMP

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About This Home

1350 Alter Road

Excellent investment opportunity! This well-located 4-unit multifamily property is situated in a desirable area of Detroit, directly adjacent to Grosse Pointe. All units were fully renovated in 2023 and are in great condition. Three units are currently rented at an average of $1,000 per month with strong, reliable tenants, while one unit is vacant — perfect for owner occupancy or added cash flow. Tenants pay their own gas and electricity. The property also offers rear parking for added convenience. Immediate income with upside potential, making this a great addition to any investor’s portfolio. Showings are limited to the vacant unit only. Additional units may be shown upon accepted offer.

Home Facts

Multi-Family

4 Baths

Built in 1924

Price Summary

395,000

$109 per Sq. Ft.

MLS #:

20251062111

Last Updated:

February 21, 2026, 10:59 AM

Added:

a month ago


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,600 Sq. Ft.


Structure

Structure

Architectural Style:

Common Entry Building

Year Built:

1924


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$395,000

Price per Sq. Ft:

$109 per Sq. Ft.

1350 Alter Road
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The information being provided by Realcomp Ii Ltd. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Realcomp Ii Ltd. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.