648 Alter Road, Detroit, MI 48215

• 2 baths |
• 2,988 sqft

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.

Listing Status:

Active

Date Added:

June 18, 2026

Data Last Updated:

June 20, 2026 at 12:45PM

Listing Office:

Vie Real Estate : 248-600-4669

Listing Agent:

Lindsey Sundin : 248-318-2513

MLS ID:

61003749

Interior

• Appliances: Gas Water Heater
• Basement: Block
• A/C: Central Air
• Heating: Forced Air

Exterior

• Other Structures: Porch

Construction

• General: BrickVinyl SidingTwoBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E ALTER 149 WINDMILL POINTE SUB L37 P5 PLATSW C R 21/521 50 X 135. NEZ HOMESTEAD CERT #NH2010-0377 RELATED PARCEL #27100377.

Utilities

• Water: Public

Financial

• Source: MiRealSource