1014 Waterman St

Detroit, MI 48209
  • $159,900

    Price
  • 6

    Bed
  • 3

    Bath
  • 2,600

    SqFt
  • 0.11

    Acre

About the Listing 433390 - 467761

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.

Listing Highlights

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 20261074154
Year Built 1915
Total Square Footage 2,600
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2600
  • Below Ground Sq Ft: 1125
  • Basement: Unfinished
  • Other: 2 Story,Forced Air,Pets Allowed
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 30X157.5
  • Zoning: Multi-Family
  • Roof:
  • Others: Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $6,656
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W18I008110S
  • Tax Year: N/A

Payment Calculator

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1014 Waterman St Detroit, MI 48209

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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