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1094 Waterman Street
Detroit, MI 48209

$374,900 - Status: Active
MLS# 26003270

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.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.

Property Features

MLS#: 26003270
Zip: 48209
Subdivision:
Development: Detroit City
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Full
Days on Site: 97
Heating: Forced Air
Lot Size: 0.14 acres
Taxes: $7,547
Year Built: 1925

Feature Descriptions

Exterior: Brick
Laundry: In Basement
Lot Dimensions: 40x157
Owner Pays: Trash Collection
Parcel Number: 18008121.
Parking Total: 6
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Water, Sewer, Gas
Units: 4
Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Local Schools

School District: Detroit

1094 Waterman Street | MLS# 26003270

This multi-family property located at 1094 Waterman Street, Detroit, MI 48209 is currently listed for sale with an asking price of $374,900. Waterman Street is located within the Detroit school district. Search Detroit real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: @properties Christie's Int'l
Agency Phone: 248-218-0234
Agent Name: Randi Brandt-Alves

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/05/2026.

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