580 Alter Road
Detroit, MI, 48215
$350,000
Beds
2 Baths
0 SqFt
0.16 Acres
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$350,000
580 Alter Road
Detroit, MI, 48215
MLS #20261037144 image #0
Opportunities like this don’t come around often in Jefferson Chalmers. Located in one of Detroit’s most unique waterfront communities, known as Detroit’s Little Venice. This brick bungalow multifamily offers proven performance, and exceptional flexibility in a location that continues to gain attention from both investors and homeowners alike.Currently operating as a successful short-term rental, this duplex is already positioned to generate income from day one. Whether you’re looking to continue its established short-term rental operation, add a low-maintenance asset to your long-term portfolio, house-hack by living in one unit while renting the other, or create a multi-generational living arrangement, the possibilities are plentiful.The property consists of a spacious 2-bedroom, 1-bath lower unit and a comfortable 1-bedroom, 1-bath upper unit, each benefiting from updates throughout. Renovations include updated flooring, beautifully remodeled kitchens featuring granite counter tops and shaker-style cabinetry, tastefully updated bathrooms with wainscoting accents, upgraded electrical systems, furnaces, and added parking pad, providing the peace of mind that comes with major capital improvements already being completed. Features a basement and garage for storage or entertainment. Whether it’s morning coffee in the fresh air or evenings spent around the fire with friends and family, or your guests, the private backyard fire pit area offers the kind of experience that turns a simple stay into a memorable one.Beyond the property itself, Jefferson Chalmers is known for its strong sense of community. Enjoy access to the Detroit River, neighborhood canals, and numerous parks throughout the area. The location also provides convenient access to downtown Detroit and neighboring Grosse Pointe, while local favorites such as Yellow Light Coffee & Donuts and Coriander Kitchen and Farm help create the vibrant community atmosphere residents and visitors have come to love.

Property Details

Price:
$350,000
MLS #:
20261037144
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Listed Date:
May 21, 2026
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1956
Detroit

Schools

School District:
Detroit

Interior

Cooling
Central Air
Heating
Forced Air

Exterior

Association Amenities
Pets Allowed
Construction Materials
Brick

Financial

Net Operating Income
$30,000
Taxes
$3,157
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Current real estate data for Single Family in Detroit as of Jun 04, 2026
3,753
Single Family Listed
142
Avg DOM
84
Avg $ / SqFt
$150,374
Avg List Price

Community

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Property Summary

    580 Alter Road Detroit MI is a Single Family for sale in Detroit, MI, 48215. It is listed for $350,000 and features 0 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1956. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $150,374.
580 Alter Road
Detroit, MI

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