$145,000

1014 Waterman Street, Detroit, MI 48209

3 baths |
2,600 sqft

Multi-Family Home
Built in 1915
4,792sqft lot
—— car garage
$56/sqft
Listed 1 month ago

Property Description

INVESTOR SPECIAL – HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $125,00 As-is and ready for someone to maximize on profits and 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 over 50% (As-Is)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.

Listing Status:: Active
Data Last Updated:: October 23, 2026 at 6:41AM
Listing Office:: ICON Realty Experts, LLC : 2489859961
Listing Agent:: Candace Kiminaia Sawa : 2489650575
MLS ID:: 20261074154

Basement: Unfinished
Heating: Forced airNatural gas

Style: Duplex
Pool: None

General: BrickTwoBasementPoured

Road/Access: Paved
Originating MLS: Realcomp II Ltd
School District: Detroit
County: Wayne

Zoning: E WATERMAN 28 KAIERS SUB L28 P78 PLATSW C R 18/265 30 X 157.5W18I008110S

Water: Public
Sewer: Public sewer

Source: Realcomp II Ltd

This listing courtesy of Candace Kiminaia Sawa , ICON Realty Experts, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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