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1094 Waterman Street, Detroit, MI 48209

Local realty services provided by:CENTURY 21 Affiliated
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_GRAR

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. The sale also includes the adjacent lot, offering ample off-street parking in addition to street parking—an exceptional value-add in this area. 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:2 day(s) ago
  • Updated:January 30, 2026 at 05:41 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Lot area:0.14 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

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

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