1216 Waterman Street Detroit MI 48209 MLS #20251036032

1216 Waterman Street
Detroit, MI, 48209
$246,900
Beds
3 Baths
2,500 SqFt
0.11 Acres
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Welcome to this beautifully remodeled three-family home in the heart of Mexican Village.

Each unit offers 3 bedrooms and has been thoughtfully updated with luxury flooring, recessed lighting, and modern finishes throughout.
This property is legally rental certified, making it an ideal investment for generating immediate income or a perfect opportunity for an owner-occupant to live in one unit and rent out the other.

Located just minutes from the up-and-coming Gordie Howe International Bridge, set to open in late 2025/2026, this home sits in a neighborhood positioned for strong growth and rising values. With its prime location, modern updates, and income potential, this duplex is truly a rare find in Southwest Detroit.

Property Details

Price:
$246,900
MLS #:
20251036032
Status:
Active
Beds:
0
Baths:
3
Type:
Single Family
Subtype:
Multi Family
Subdivision:
KAIERS SUB OF LTS 16 THRU 29
Neighborhood:
05101detsouthofgrandriver
Listed Date:
Sep 12, 2025
Finished Sq Ft:
2,500
Year Built:
1926
Short Sale05101 – Det South Of Grand River05101detsouthofgrandriverKaiers Sub Of Lts 16 Thru 29DetroitPets Allowed

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Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Heating
ENERGYSTAR Qualified Furnace Equipment, Natural Gas

Exterior

Architectural Style
UpperLowerApartment
Construction Materials
Brick

Financial

Net Operating Income
$3,000,000
Taxes
$2,477

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Oct 31, 2025
3,483
Single Family Listed
109
Avg DOM
83
Avg $ / SqFt
$150,957
Avg List Price

Property Summary

    Located in the KAIERS SUB OF LTS 16 THRU 29 subdivision, 1216 Waterman Street Detroit MI is a Single Family for sale in Detroit, MI, 48209. It is listed for $246,900 and features 0 beds, 3 baths, and has approximately 2,500 square feet of living space, and was originally constructed in 1926. The current price per square foot is $99. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,957. To schedule a showing of MLS#20251036032 at 1216 Waterman Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of Berkshire Hathaway HomeServices Kee Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
1216 Waterman Street
Detroit, MI