1014 Waterman Street Detroit MI 48209 | MLS #20261074154

1014 Waterman Street
Detroit, MI, 48209
$159,900
Beds
3 Baths
2,600 SqFt
0.11 Acres
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MLS #20261074154 image #0
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.

Property Details

Price:
$159,900
MLS #:
20261074154
Status:
Active
Beds:
0
Baths:
3
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
KAIERS SUB OF LTS 16 THRU 29
Neighborhood:
area05101detsouthofgrandriver
Listed Date:
Sep 17, 2026
Finished Sq Ft:
2,600
Year Built:
1915
Short SaleDuplexArea05101detsouthofgrandriverArea05101detsouthofgrandriverKaiers Sub Of Lts 16 Thru 29DetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
2600
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Duplex
Construction Materials
Brick

Financial

Net Operating Income
$4,000
Taxes
$6,656

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Sep 22, 2026
3,921
Single Family Listed
124
Avg DOM
95
Avg $ / SqFt
$150,813
Avg List Price

Property Summary

    Located in the KAIERS SUB OF LTS 16 THRU 29 subdivision, 1014 Waterman Street Detroit MI is a Single Family for sale in Detroit, MI, 48209. It is listed for $159,900 and features 0 beds, 3 baths, and has approximately 2,600 square feet of living space, and was originally constructed in 1915. The current price per square foot is $62. The average price per square foot for Single Family listings in Detroit is $95. The average listing price for Single Family in Detroit is $150,813. To schedule a showing of MLS#20261074154 at 1014 Waterman Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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1014 Waterman Street
Detroit, MI