$374,900
1094 Waterman Street
Detroit, MI, 48209
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.
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.
Property Details
Price:
$374,900
MLS #:
26003270
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
2 to 4 Units
Listed Date:
Mar 19, 2026
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1925
Schools
School District:
Detroit
Interior
Heating
Forced Air
Laundry Features
In Basement
Exterior
Construction Materials
Brick
Parking Spots
6
Parking Total
6
Financial
Tax Year
2025
Taxes
$7,547
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of May 02, 2026
3,622
Single Family Listed
144
Avg DOM
84
Avg $ / SqFt
$151,661
Avg List Price
Community
- Address1094 Waterman Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48209
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- A W Chase Lincoln Highway Sub.
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- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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Property Summary
- 1094 Waterman Street Detroit MI is a Single Family for sale in Detroit, MI, 48209. It is listed for $374,900 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1925. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,661.
1094 Waterman Street
Detroit, MI