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1014 Waterman, Detroit, MI 48209

Detroit
Local realty services provided by:CENTURY 21 Northland
1014 Waterman,Detroit, MI 48209
$159,900
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: candace kiminaia sawa
Office: icon realty experts, llc.
MLS#:61031053
Source:MI_REALSOURCE

Price summary

  • Price:$159,900

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 #:61031053
  • Added:1 day(s) ago
  • Updated:September 17, 2026 at 03:29 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Basement Description:Poured

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1915
  • Lot area:0.11 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$159,900
  • Tax amount:$6,656
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Brad Platt

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