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1094 Waterman Street, 
Detroit, MI 48209

$374,900


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Randi Brandt-Alves

@Properties Christie'S Int'L

248-218-0234

Last updated:

January 29, 2026, 12:50 AM

MLS#

26003270

Source:

MI GRAR

About This Home

1094 Waterman Street

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. The sale also includes the adjacent lot, offering ample off-street parking in addition to street parking—an exceptional value-add in this area. 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.

Home Facts

Multi-Family

Built in 1925

Price Summary

374,900

MLS #:

26003270

Last Updated:

January 29, 2026, 12:50 AM

Added:

2 day(s) ago


Structure

Structure

Year Built:

1925


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$374,900

Source:MI GRAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.