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3 Baths
2,600 sqft

$159,900

1014 Waterman Street, Detroit MI, 48209 2256

Price per sqft$61.50
Built in1915
Property size2,600 sqft
Property typeMulti-family

Overview

Active

Listed Sep 17, 2026

Updated 2 weeks ago

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.

$1,064/mo

Est. mortgage payment based on a $159,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
61031053

Interior Features

Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$6,656
Tax Frequency
Annually
MLS provider logo

Listed by Candace Kiminaia Sawa with ICON Realty Experts, LLC
Listing Contact: 248-965-0575 

Based on information originating from the MiRealSource as of 9/23/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 9/23/2026 at 6:16 AM UTC

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