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Multi family home for sale at 1014 Waterman St, Detroit, MI 48209 | MLS# 20261074154 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 1014 Waterman St, Detroit, MI 48209 | MLS# 20261074154 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 1014 Waterman St, Detroit, MI 48209 | MLS# 20261074154 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 1014 Waterman St, Detroit, MI 48209 | MLS# 20261074154 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 1014 Waterman St, Detroit, MI 48209 | MLS# 20261074154 | Listing updated on 2026-09-18
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Street View

$159,900

Monthly Est:$796

  • Beds Icon-- Bed
  • Beds Icon
    3 Baths
  • Beds Icon2,600sqft

1014 Waterman St, Detroit, MI 48209

$796/moEst:

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  • Multi Family

  • Built in 1915

  • $-- HOA

  • 0.11 acre lot

  • $62/sq.ft

Description

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 opportun...

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  • Houzeo last checked: 2 hours ago
  • Listing updated: September 18, 2026 at 10:00 am
  • Listing Provided by: Candace Kiminaia Sawa (248) 965-0575 | ICON Realty Experts, LLC (248) 985-9961
  • Source: Realcomp MLS-MI | MLS#: 20261074154 Realcomp MLS-MI
  • Originating MLS: Realcomp II Ltd

Part of

Building
1014 Waterman St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    Southwest Detroit

  • Year Built

    1915

  • HOA Fees

    -

  • Finished Area

    2,600 sqft

  • Lot Size

    0.11 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    20261074154

  • MLS Status

    Active

  • Days on Market

    8

  • Cumulative Days on Market

    1

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathrooms: 3

Interior

  • Heating

    Forced Air, Natural Gas

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1915

  • Home type

    Multi Family

  • Foundation Details

    Basement, Poured

  • Architectural Style

    Duplex

  • Construction Materials

    Brick

Utilities & Energy

  • Water Source

    Public

  • Pool Features

    None

  • Basement

    Unfinished

Other Features

  • Subdivision Name

    Kaiers Sub Of Lts 16 Thru 29

  • Disclosures

    Projected Income, Taxes Not Homestead Exempt

Price History

DateEventPrice

09/17/2026

Source: mls_logoRealcomp MLS-MI #20261074154

Listed for Sale

$159,900

$62/sqft

Southwest Detroit Ranks #58 in Detroit, MI

Homes for sale
55

Homes

Rental prices
$852

Rental Prices

Median Home Price
$150K

Median Home Price

Southwest Detroit, Detroit, MI neighborhood guide

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 22, 2026, 05:00PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

Advertising Broker: Andover Real Estate | Andover Real Estate

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