1094 Waterman Street, Detroit, MI 48209

Detroit
Local realty services provided by:ERA Reardon Realty Great Lakes
1094 Waterman Street,Detroit, MI 48209
$374,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: randi brandt-alves
Office: @properties christie's int'l
MLS#:26003270
Source:MI_MICHRIC

Price summary

  • Price:$374,900

About this home

Prime Southwest Detroit Investment Opportunity! This fully occupied 4-unit brick multifamily building offers strong, consistent rental income with a desirable mix of spacious 2- and 3-bedroom units. Each unit features both front and rear private entrances, adding convenience and tenant appeal, along with shared basement space for additional storage and functionality. Recent capital improvements include a newer roof, updated windows, and select mechanical upgrades, providing peace of mind and reduced maintenance costs for the next owner. Located in Southwest Detroit, this property benefits from strong rental demand, proximity to major thoroughfares, local dining, shopping, and employment hubs. Ideal for both seasoned investors and those expanding their multifamily portfolio, this income-producing asset delivers immediate cash flow.

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Home facts

  • Year built:1925
  • Listing ID #:26003270
  • Added:61 day(s) ago
  • Updated:March 31, 2026 at 03:01 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Lot area:0.14 Acres
  • Construction Materials:Brick

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$374,900
  • Tax amount:$7,547 (2025)

Parking

  • Total parking spaces:6

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