1014 Waterman Street, Detroit, MI 48209

Detroit
Local realty services provided by:ERA Prime Real Estate Group
1014 Waterman Street,Detroit, MI 48209
$159,900
  • - Beds
  • 3 Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: candace kiminaia sawa
Office: icon realty experts, llc.
MLS#:20261074154
Source:MI_REALCOMP

Price summary

  • Price:$159,900
  • Price per sq. ft.:$61.5

About this home

INVESTOR SPECIAL – HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $159,900 and ready for someone with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential. Priced approximately 20–30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision — the potential is here! A great opportunity to breathe new life into this property and turn it into something special.

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Home facts

  • Year built:1915
  • Subdivision & Development:KAIERS SUB OF LTS 16 THRU 29
  • Listing ID #:20261074154
  • Added:12 day(s) ago
  • Updated:September 30, 2026 at 10:32 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Basement Description:Unfinished
  • Living area:2,600 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:2,600 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Duplex
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$61.5
  • Tax amount:$6,656
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